
Investors are cooling on micromobility technology, according to data from research firm PitchBook.

Investors are cooling on micromobility technology, according to data from research firm PitchBook.

Jason MacLeod knows delivery.

WeWork’s mission is to “elevate the world’s consciousness,” but lately the collective consciousness may have been elevated above its liking.

The job of an Uber driver is to provide rides. Is that outside the usual course of business for Uber, a ride-hail company?

Late on Tuesday local time (Sept. 10), the California Senate passed Assembly Bill 5 in a vote that will dramatically alter the course of the so-called gig economy.

Softbank is having a tough year.

California is in the final stretch of its bid to regulate the gig economy.

Serial entrepreneur and tech wunderkind Anthony Levandowski was charged yesterday by federal authorities with 33 counts of attempted theft of trade secrets.

Travis Kalanick tried to make it in China by spending billions with Uber, but lost to Didi Chuxing. Now, he’s trying again with shared kitchens.

A report from investment firm Cowen may have left a sour taste for Uber Eats this week.

The poster children of the sharing economy are growing up. Ride-hailing companies Uber and Lyft went public earlier this year, food delivery firm Postmates plans to file for an IPO in September, and Airbnb is targeting a 2020 debut. Once a niche corner of Silicon Valley, the sharing economy now features some of the buzziest names on Wall Street.

It’s a big day for Lyft employees. When trading begins on the Nasdaq this morning, they can finally sell their shares.

WeWork wants you to know it loves the planet. The co-working company has banned meat and disposable cups from its US locations, pledged to donate $30 a month for each fruit water dispenser in its New York officers to charity, and committed to becoming carbon neutral by 2023.

In the beginning, there was Adam.

The success of WeWork, the coworking company, depends in large part on whether its tenants have relatively stable and viable jobs—which often means working for a larger employer. And the share of WeWork members employed by bigger companies is rising, the company said in its filing for an initial public offering, released today.

WeWork is worried about a recession.

WeWork plans to unveil its filing for an initial public offering any day, per Bloomberg. The office-space rental company, which also dabbles in adult dorms, early childhood education, elevating the world’s consciousness, and unleashing superpowers, is looking to raise $3.5 billion in the second-biggest IPO of the year (after Uber), with its sights set on a September debut.

Online food-delivery startup Deliveroo will exit Germany this week, the company told customers and workers by email today.

Uber’s share price sank today after the company reported a $5.2 billion loss in the second quarter—yes, that is billion with a “b”—on sales that fell short expectations.

“We are incredibly encouraged by the strength of our business and the improving market conditions,” Lyft chief financial officer Brian Roberts said this week, on a call following the company’s second-quarter earnings report.

Jeff Bezos, the world’s richest man, sold roughly $2.8 billion worth of Amazon stock last week, securities filings show.

The Uber alumni network is riding to the rescue of hundreds of Uber employees who lost their jobs this week.

Real estate tech startup Compass has raised $370 million in fresh funding at a valuation of $6.4 billion, the company said today (July 30).

Uber laid off more than 400 marketing employees today (July 29), a week before the ride-hail company is due to report second-quarter earnings.