Categories Lyft

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Lyft sees ride revenues recover by nearly 50% in just three months

Shares of Lyft are riding high, popping more than 7% in after-hours trading today after the American ride-hailing giant reported its Q3 earnings. Lyft, which competes with Uber for rideshare, reported revenues of $499.7 million in the third-quarter, a 48% drop from the $955.6 million in the same year-ago period. […]

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Study shows cities with ride-hailing services report lower rates of sexual assault

Dr. Min-Seok Pang Contributor Share on Twitter Dr. Min-Seok Pang is an Associate Professor of Management Information Systems and Milton F. Stauffer Research Fellow at Temple University’s Fox School of Business. Dr. Jiyong Park Contributor Dr. Jiyong Park is an Assistant Professor of Information Systems at the Bryan School of […]

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CA appeals court upholds ruling that Uber and Lyft must classify drivers as employees

Uber and Lyft must classify their drivers as employees, an appellate court ruled yesterday evening. However, the decision will be stayed for 30 days after the court issues the remittitur, which has not happened yet. That means depending on how ballot measure Proposition 22 goes, this case may not end […]

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Uber drivers sue company alleging coercive Prop 22 advertising

Uber is facing a class-action lawsuit over Proposition 22 that alleges the company is illegally coercing its drivers to support the ballot measure that seeks to keep workers classified as independent contractors. The suit was brought forth by two Uber drivers, Benjamin Valdez and Hector Castellanos, as well as two […]

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Prop 22 opponents say Yes on 22 should not be able to mail flyers as nonprofit

Opponents of California’s Proposition 22, the measure that seeks to continue classifying rideshare drivers and delivery workers as independent contractors, filed a complaint this morning with the United States Postal Service. The No on 22 campaign alleges the Yes side is not eligible for a nonprofit postal status and is […]

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Hailing a self-driving taxi when blind. Learn how Waymo answers that challenge at Sight Tech Global

Imagine yourself unable to see well enough to drive, and how that would change your life. I witness that scenario every day at home with my wife, who is legally blind, and a very busy person. She reveres Uber and Lyft because they provided her with the still remarkable option […]