Lyft's 2Q Loss $437M As Riders Stay Home During Pandemic
Lyft posted a loss on Wednesday of $437.1 million for the second quarter, when the coronavirus outbreak meant few people were looking to use its ride-hailing service.
Watch CBS News
Lyft posted a loss on Wednesday of $437.1 million for the second quarter, when the coronavirus outbreak meant few people were looking to use its ride-hailing service.
Silicon Valley giants Apple and Facebook are among the 52 companies and organizations in a court filing denouncing Trump administration restrictions on employment-based visas.
The CEO of Uber said Wednesday the ride-hailing giant may be forced to shut down its California operations if an injunction requiring drivers to be classified as employees is upheld.
A Silicon Valley startup developed a new system for coronavirus testing that is more accurate and "user friendly," and opened a first-of-its-kind walk-up kiosk in Berkeley.
Help is on the way it's an online interactive office noise generator called "The Calm Office." It provides 10 different office sounds that you mix to your own liking.
The electric car company Tesla announced Tuesday evening it planned to split its stocks five-for-one, the first stock split in the company's history.
Airbnb is reportedly close to filing to go public, marking a surprise turnaround for the company that recently cut a quarter of its workforce during the pandemic.
California's earthquake early warnings will be a standard feature on all Android phones, bypassing the need for users to download the state's MyShake app.
Apple CEO Tim Cook has become a billionaire as he nears a decade at the helm of the world's most valuable company.
A Bay Area biotechnology company has discovered a new way to make a COVID-19 treatment by producing an entirely new class of drugs. Soon, the invention will be tested in human clinical trials.
Twitter shares rose as much as 5% Monday after it reportedly held preliminary talks with TikTok.
New York's mass transit agency wants Apple to come up with a better way for iPhone users to unlock their phones without taking off their masks.
Facebook fired a senior engineer this week who collected evidence showing the social media company giving preferential treatment to right wing accounts.
The hackers took over several popular Reddit communities -- at least 70 -- and changed the graphics to promote Trump's presidential re-election campaign.
Mark Zuckerberg has joined the world's most exclusive club of the ultra rich.