Lyft pulls scooters out of six major cities

Lyft is removing its electric scooters out of San Antonio, Dallas, Atlanta, Phoenix, Columbus and Nashville, as the company explained it will shift resources to markets where it "can have the biggest impact," CNET reports.

The big picture: The dockless, rentable, electric scooter trend started with just a couple companies operating in a handful of cities. "Now it's a competitive land grab, with more than a dozen operators that've dropped scooters in hundreds of cities around the world," CNET writes.