David McCabe, Tech Reporter at Axios, discusses the battle between Uber and Lyft bidding for bikesharing company Motivate, which owns Citi Bike and Ford GoBike.
For full interview, [click here](https://cheddar.com/videos/uber-and-lyft-battle-for-bikeshare).
Major averages rose in Wednesday's opening session but the Nasdaq fell after Alphabet reported cloud revenue below Wall Street estimates, despite topping profit views.
An off-duty commercial pilot riding in an extra cockpit seat on a Horizon Air flight said “I’m not OK” just before trying to cut the engines midflight and later told police he had recently taken psychedelic mushrooms as his mental health worsened, according to a federal complaint made public Tuesday.
California regulators have revoked the license of a robotaxi service owned by General Motors after determining its driverless cars that recently began transporting passengers throughout San Francisco are a dangerous menace.