Lyft Teams With Mobileye in Series of Autonomous Deals
Lyft announced three new partnerships with autonomous driving technology vendors, including Intel spinoff Mobileye, as it plays catch-up in offering driverless rides on its platform.
Uber, Lyft to Pay $328 Million in Wage Theft Settlement
NEW YORK — Ride-hailing companies Uber and Lyft will pay a combined $328 million to settle wage theft claims in New York, Attorney General Letitia James announced Nov. 2.
November 2, 2023Lyft Names David Risher New CEO as Co-Founder Steps Down
Lyft Inc. tapped David Risher to be its new CEO, replacing co-founder Logan Green as the ride-hailing company struggles to compete with bigger rival Uber Technologies Inc.
Uber, Lyft Get Positive Ruling in California Labor Case
App-based ride-hailing and delivery companies like Uber and Lyft can continue to treat their California drivers as independent contractors, a state appeals court ruled March 13.
Uber, Lyft Add Fuel Surcharges for Rides, Deliveries
Ride-hailing giants Uber and Lyft are tacking on a fuel surcharge for customers to help drivers offset the cost of record-high gas prices.
Uber’s Do-It-All Approach Stalls Pursuit of Profit
Another quarter passed, and Uber Technologies Inc. is a little further from its goal of posting an adjusted profit by the end of the year.
Lyft to Sell Autonomous-Driving Unit to Toyota for $550 Million
Lyft Inc. has agreed to sell its self-driving division to a subsidiary of Toyota Motor Corp., joining Uber Technologies Inc. in stepping back from the costly driverless vehicle research once thought to be on the verge of revolutionizing ride-hailing.
Uber, Lyft Spend Big, Win in California Vote About Drivers
LOS ANGELES — Uber, Lyft and other app-based ride-hailing and delivery services spent $200 million in a winning bet to circumvent California lawmakers and the courts to preserve their business model by keeping drivers from becoming employees eligible for benefits and job protections.
Uber, Lyft Win Delay on Converting Drivers to Employees
Uber and Lyft were spared from having to rapidly convert their California drivers to employees after an appeals court agreed they can keep their business models in place while challenging a judge’s order to comply with a state labor law.
Uber Takes Shot at Lyft in Defense to Gig-Worker Suit
Uber Technologies Inc. is trying to duck a California lawsuit that threatens to upend its business model — by pointing a finger at Lyft Inc.