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Fidelity Subtly Hedging On Uber By Very Publicly Investing In Uber's Hated Archenemy

Someone is smirking under their pink mustache.

What could Uber possibly have done to warrant such callous betrayal?


Fidelity, one of the most prominent mutual funds that's been backing well-known tech "unicorns," has participated in Lyft's $500 million extension of its newest financing round, according to an announcement by the ride-hailing company.

When will you learn your lesson, Silicon Valley? There is no such thing as "friends" in the world of big boy finance.

Uber investor Fidelity backs rival Lyft [Axios]



Feds Making A Literal Federal Case Out Of Uber's Behavior

Someone explained Uber to Jeff Sessions and now even he's pissed.

Uber CEO Ready To Schedule IPO For Second Quarter Of Never F@cking Ever

Travis Kalanick might be medically allergic to ticker tape.

Uber Will Keep Raising Capital Until There Is No More Private Money Left

The Ayn Rand themed car service is now making a habit out of "Billion dollar rounds."