electric scooters

Bird acquires rival e-scooter company

Photo of two people riding red Scoot scooters on Market Street in San Francisco.
Scoot scooters in San Francisco. Photo: Robert Alexander/Getty Images

Bird on Wednesday said that it has acquired Scoot, which provides on-demand rentals of mopeds, scooters and bikes. Terms weren't disclosed.

Why it matters: This may get Bird access to the San Francisco market, where Scoot has an operating permit but Bird doesn't.

The scooter carnage in America's cities

Photo: Jodi Robertson/AP

Scooter use is soaring in America's cities, with many riders finding out the hard way that cars are not good at sharing the road.

Why it matters: "[A] rough count by [AP] of media reports turned up at least 11 electric scooter rider deaths in the U.S. since the beginning of 2018. Nine were on rented scooters and two on ones the victims owned," the AP reports.