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Sidecar

After recently investing $500 million in Lyft, General Motors continues to expand its ride-sharing service by buying assets of Sidecar Technologies Inc. Sidecar stopped its ride-sharing and delivery operations on Dec. 31.

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Sidecar Shuts Down

Sidecar will officially stop its ride-sharing and delivery operations at 2 p.m. PST on Thursday Dec. 31.

Massachusetts Legislation Introduces Framework for TNCs

Massachusetts Gov. Charlie Baker has filed legislation to institute a statewide regulatory structure for transportation network companies, such as Uber, Lyft and Sidecar. The bill will set stronger standards for safety and close potential insurance gaps.

Richard Branson Invests in Sidecar

To help support its expansion nationwide, Sidecar — a San Francisco-based ride-sharing app company — has raised $15 million in funds from investors, including Virgin Group Founder Sir Richard Branson.

CPUC Establishes Rules for Transportation Network Companies

The California Public Utilities Commission has created regulations to ensure that safety is enforced for Transportation Network Companies, which use an online platform to connect passengers with drivers using their personal vehicles.