Lyft wants to sponsor your weekend getaway... Shares rose over 3% last week after the ride-share app launched a rental car biz. Starting in LA and SF, carless folks can book Lyft wheels for 1-14 days through the app for a trip to Vegas or Napa. To beat OG rental car companies, Lyft cuts annoying gas fillup fees, offers $20 ride credits for pickup/dropoff, and is available to anyone over 22. The low-cost scheme probably won't be profitable — but just like Lyft's core rides biz, it'll probably try to jack up prices long-term if it wins your loyalty.
Head in the cloud... Adobe already invented Photoshop and the PDF doc — last week its stock jumped 4% to an all-time high after a record $11B in revenue over the last year. It's one of the few ancient software icons that's successfully shifted from old-school CD-ROM licenses to fancy cloud software subscriptions. That's how Adobe can still compete with SaaS-y companies that were "born in the cloud" like Google and Amazon.