Tag Archives: Lyft

Tesla stock rises, Uber and Lyft fall, after report that Trump might be friendly to self-driving cars

November 18, 2024 Tesla stock rises, Uber and Lyft fall, after report that Trump might be friendly to self-driving cars The EV maker, led by key Trump advisor Elon Musk, recently showed off an autonomous vehicle called the Cybercab. BY Michael Grothaus Shares in Tesla, Inc. (Nasdaq: TSLA) are rising in premarket trading this morning after … Continue reading Tesla stock rises, Uber and Lyft fall, after report that Trump might be friendly to self-driving cars

Lyft Media expands measurement and targeting capabilities

New partnerships are powering the rideshare service’s ad platform with measurement that ties riders and ads to outcomes. Chris Wood on October 3, 2024   This week, rideshare company Lyft added significant measurement and targeting abilities to its ad platform, Lyft Media. Partnerships with key adtech companies allow Lyft Media advertisers to connect ad exposures … Continue reading Lyft Media expands measurement and targeting capabilities

Uber, Lyft win California ruling to consider drivers as independent contractors

July 26, 2024 Uber, Lyft win California ruling to consider drivers as independent contractors The ruling by the California Supreme Court is a major victory for the ride-hailing industry, which has said that many companies would end or limit service in the state if they were forced to treat thousands of drivers as their employees. … Continue reading Uber, Lyft win California ruling to consider drivers as independent contractors

Uber and Lyft settle with drivers over pay and benefits in a Massachusetts lawsuit

    June 28, 2024 Uber and Lyft settle with drivers over pay and benefits in a Massachusetts lawsuit The settlement includes a minimum hourly wage of $32.50 as well as benefits. BY Associated Press   Drivers for Uber and Lyft will earn a minimum pay standard of $ 32.50 per hour under a settlement announced … Continue reading Uber and Lyft settle with drivers over pay and benefits in a Massachusetts lawsuit

Uber and Lyft face an uncertain future in Massachusetts as state’s ballot measures go to court

May 03, 2024 Uber and Lyft face an uncertain future in Massachusetts as state’s ballot measures go to court The Massachusetts Supreme Court will decide if two opposing ballot measures concerning app-based drivers will go to voters in November. BY Reuters Massachusetts has become the latest front in a years-long battle in the United States over … Continue reading Uber and Lyft face an uncertain future in Massachusetts as state’s ballot measures go to court

Lyft introduces in-app ads as part of an expanded rider experience

By building out their ridesharing ecosystem, Lyft Media has grown 4X in the last year. Riders will see one in-app ad per ride at the program’s start. Chris Wood on August 24, 2023 This month, Lyft introduced in-app ads to personalize its riders’ experiences and generate more revenue from the Lyft Media ecosystem. The rideshare … Continue reading Lyft introduces in-app ads as part of an expanded rider experience

Court rules that Uber and Lyft can keep treating drivers as contractors in California

California Uber drivers sue company over Prop 22 app notifications   Karissa Bell @karissabe It’s no secret Uber has been aggressively supporting Proposition 22, a California ballot initiative that would allow the company to skirt a state law requiring them to classify drivers as employees.  Now, a group of the app’s drivers say the company’s … Continue reading Court rules that Uber and Lyft can keep treating drivers as contractors in California

Life in the Gig Economy: The guy who’s driving Lyft and Uber to save up for a career in day trading

  By Jessica Bursztynsky November 07, 2022 Life in the Gig Economy is a new series that tells the stories of workers in an industry relied upon by millions. If you’d like to share your story, email staff writer Jessica Bursztynsky at Jessicabursz@proton.me       Anthony Diaz is 30 years old and has worked … Continue reading Life in the Gig Economy: The guy who’s driving Lyft and Uber to save up for a career in day trading

Tech layoffs latest: Twitter, Lyft, Stripe, and others join the list of companies cutting jobs

  By Michael Grothaus November 04, 2022 The nonstop drama that’s been going on at Twitter all week is ending on a very real, very sour note. Today, Elon Musk’s company began sending layoff notices to roughly 50% of Twitter staff. As Bloomberg reports, at 7,500 employees (November 26, 2022), that means Musk is set … Continue reading Tech layoffs latest: Twitter, Lyft, Stripe, and others join the list of companies cutting jobs