Lyft | WRAL TechWire - Part 13

Lyft

Latest news on Steve Jobs, Lyft vs. Uber, the cybersecurity bill

In today’s Bulldog tech roundup: Charlotte Motor Speedway site hacked; New books says Steve Jobs considered buying Yahoo; Lyft funding increases ride-sharing competition; NC Senator Burr on the Cybersecurity Information Sharing Act, Valeant ups Salix offer. Valeant Pharmaceuticals ups offer for Salix Blomber reports that Valeant Pharmaceuticals International Inc. will increase its offer for Raleigh-based Salix Pharmaceuticals (Nasdaq:SLXP) to bring it closer to that of Endo International (Nasdaq:ENDP). Bloomberg says Valeant will offer more than $160 in cash a share, up from $158. Endo’s offer is for more than $170 a share in cash and stock. Charlotte Motor Speedway...

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Is rider safety the real Achilles’ heel for Uber and Lyft?

The growth of ride-hailing companies such as Uber and Lyft so far has not been hindered by limits from government regulators and campaigns by taxi cab competitors. A bigger threat to the new industry’s impressive start could come from customers — if enough people stop using the services over fears that drivers aren’t safe. Not safe as in the drivers won’t get into an accident — safe as in they won’t attack passengers. Uber operates in more than 250 cities in 50 countries, and recently was valued at $40 billion based on $1.2 billion that investors poured into the...

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