Lyft now expects to manage its adjusted EBITDA loss in the first quarter to $135 million, from the $145 million to $150 million it previously forecast.
Square's new bank will offer FDIC-insured deposit accounts and loans to small businesses that have historically used the company for payment processing.
Lucid is following Tesla's playbook with manufacturing, sales and service while charting a different path with EV charging infrastructure and advertising.
Microsoft's Mesh cloud service will enable applications in which people can share holograms, speak with one another, make doodles and appear as virtual avatars.
Instacart is now the second most-valuable private tech company in the U.S., behind Elon Musk's SpaceX, which is worth $74 billion, according to Pitchbook.
Asia is falling behind because European governments are taking strong measures to boost growth in the electric vehicle sector, says Anna-Marie Baisden from Fitch Solutions.
Compass, which was valued at $6.5 billion in a 2019 financing round, announced plans to go public public and revealed a 56% surge in revenue last year.
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