Business / Corporate Apr 27, 2021
Toyota to buy self-driving division of U.S. ride-hailing firm Lyft
The purchase via Toyota unit Woven Planet Holdings Inc. aims to accelerate the auto giant's development of autonomous driving technologies.
Business Mar 18, 2021
Uber's U.K. driver benefits highlight broader gig-worker challenges
by Costas Pitas and Tina Bellon
Uber has said it wants to expand limited benefits similar to those offered to drivers in the U.K. across all of Europe and the United States.
Business / Corporate Feb 27, 2021
SoftBank settles WeWork lawsuit; Adam Neumann exits with windfall
by Ellen Huet and Jef Feeley
The pact announced Friday ends a legal fight over a stock transaction that collapsed and eliminates the need for a March 4 trial in the U.S.
Business / Economy Nov 17, 2020
Firms in Japan's sharing economy turn virus crisis into opportunity
Observers say their small workforces and limited equipment and facilities have allowed such companies to exercise flexibility in their efforts to survive.
Business / Corporate Aug 20, 2020
Airbnb files confidentially for IPO as travel begins to rebound
The company began seeing signs of recovery in June, with bookings down only 30 percent.
Business / Corporate Aug 19, 2020
SoftBank to dispatch executives to help stricken Oyo
by Pavel Alpeyev and Takahiko Hyuga
Cuts in Japan by the online hotel operator come as it adapts to a much smaller tourism industry in the wake of the coronavirus pandemic.
Business Jun 19, 2020
Fearing germs on steering wheels, Japanese shun car-sharing
by Nao Sano and Gearoid Reidy
With people being asked to stay at home, car rental services took a hit across the country.
Business May 28, 2020
Businesses providing cowork spaces or private lodgings have seen a sharp decline in demand, but other businesses such as delivery services are thriving.
Business / Corporate May 19, 2020
Uber’s job cuts and office closures reflect narrowing ambitions
by Lizette Chapman
As recently as this year, the company was promising to usher in a self-driving revolution and popularize flying cars.
Business / Corporate Apr 6, 2020
Some WeWork staff planned their lives around a stock deal that just collapsed
by Ellen Huet
Teddy Kramer worked at WeWork from 2013 to 2015. When he left the company, he had been a director of new market development, helping the coworking startup open new offices in different regions. He’d put in the time and been granted shares in the ...