Uber/Lyft

Uber and Lyft are ride-sharing companies that provide on-demand transportation services through their mobile applications. Founded in 2009 and 2012 respectively, both companies have disrupted the traditional taxi industry by using technology to connect riders with drivers. Dara Khosrowshahi serves as CEO of Uber, while Lyft is led by CEO David Risher. Competitors in the ride-sharing industry include smaller companies such as Juno and Gett, as well as traditional taxi services.

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Wall Street traders last week. Photo by Michael Nagle/Getty Images
The Briefing

Shopify, Unity Get Slammed by Anxious Market

By Martin Peers · Feb 11, 2026 5:00pm PST
Talk about unforgiving! The great enterprise stock sell-off of 2026 recommenced on Wednesday, and it dragged down a couple of companies—Unity Software and Shopify—after they each reported decent December-quarter earnings. Shares of Shopify, most egregiously, fell as much as 12% after the e-commerce software platform said its first-quarter... Talk about unforgiving! The great enterprise stock sell-off of 2026 recommenced on Wednesday, and...
Anthropic's Data Center Ambition—and the Ex-Google Execs Who Could Make It Happen
AI Infrastructure

Anthropic's Data Center Ambition—and the Ex-Google Execs Who Could Make It Happen

By Anissa Gardizy · Feb 9, 2026 8:50am PST
Anthropic’s leaders have been loud about how its AI will reshape businesses but much less boisterous about how it plans to power that usage. Now the company’s data center ambitions are coming into focus. Anthropic is quietly assembling a veteran team, including two former Google executives, and has discussed securing at least 10 gigawatts... Anthropic’s leaders have been loud about how its AI will reshape businesses but much less...
The Amazon Alexa+ Super Bowl commercial starring Chris Hemsworth. Screenshot via YouTube/Amazon Alexa.
The Briefing

What to Expect from Spotify, Lyft and Pinterest Earnings This Week

By Martin Peers · Feb 8, 2026 3:00pm PST
After the crush of tech news last week, including a big AI-fueled stock sell-off, things might calm down a bit in the next few days. With any luck, we’ll have time to debate which of the tech companies’ Super Bowl ads running Sunday night were the best and which were the worst. My vote for best is the Amazon Alexa spot, by the way, although the... After the crush of tech news last week, including a big AI-fueled stock sell-off, things might...
Uber CEO Dara Khosrowshahi. Photo by Bloomberg.
The Briefing

Rising Gas Prices Threaten Uber, Lyft, DoorDash

By Martin Peers · Mar 10, 2022 5:00pm PST
Can Uber and Lyft ever catch a break? Just when investors might have thought it was safe to wade back into the ride-hailing waters, thanks to the decline of Omicron, gas prices take off. That’s going to raise fuel costs for drivers—including those working for both ride-hailing services and food-delivery operations like DoorDash—probably causing... Can Uber and Lyft ever catch a break? Just when investors might have thought it was safe to wade...