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Lyft

American transportation network company

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Lyft: American transportation network company
Lyft, Inc. is a ridesharing company based in San Francisco, California and operating in 644 cities in the United States and 12 cities in Canada. It develops, markets, and operates the Lyft mobile app, offering car rides, scooters, a bicycle-sharing system, and a food delivery services.

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Lyft forecasts slower growth in 2020, leaves target profit date unchanged

Lyft Inc on Tuesday forecast slower revenue growth in the new year and the company refused to match larger rival Uber, which recently moved up a key profit target by a year, sticking to its later date..
Reuters - Published

Lyft tops $1 billion quarterly revenue, forecasts slower growth in 2020

Lyft Inc on Tuesday reported record quarterly revenue of more than $1 billion, but the ride-hailing company forecast slower growth in the new year as ridership growth stagnated in the second half of..
Reuters - Published

Videos for Lyft


Lyft's path to profit disappoints investors [Video]Lyft's path to profit disappoints investors

American rideshare company Lyft forecast slower revenue growth this year, sticking to its profitability target date of 2021. Gloria Tso reports.

Credit: Reuters Studio     Duration: 01:16Published

Coronavirus continues to spread amid Lunar New Years celebrations [Video]Coronavirus continues to spread amid Lunar New Years celebrations

Lunar New Years' festivities pose a great challenge for the Chinese government as it tries to contain the Wuhan coronavirus.

Credit: Reuters - 3D Animations (Next Me     Duration: 01:45Published

 

Uber and Lyft take different roads in search of profit

Uber Technologies Inc and Lyft Inc , the two leading U.S. ride-hailing companies, are on divergent paths as Uber pours money into money-losing side businesses while smaller rival Lyft focuses on moving..
Reuters - Published

Tinder is reportedly adding a panic button for when bad dates go horribly wrong

Uber, Airbnb and Lyft are among the online platforms that have launched more safety tools recently.
USATODAY.com - Published

Uber, Florida officials huddle to combat human trafficking ahead of Super Bowl 2020

Florida's attorney general, Uber, Lyft and other groups are using education to combat human trafficking at the next month's Super Bowl in Miami.  
USATODAY.com - Published

California Wanted to Protect Uber Drivers. Now It May Hurt Freelancers.

A state act to protect part-timers at companies like Uber and Lyft takes effect on Wednesday. Some freelancers say it will limit their prospects.
NYTimes.com - Published

Uber or Lyft on New Year's Eve? Here's how to schedule your ride now (and plan around surge pricing)

If you are planning to hitch a ride with Uber or Lyft on New Year's Eve, here's how to schedule it now and maybe skip the surge pricing.
USATODAY.com - Published

In win for Uber, Lyft, judge strikes down New York City's cruising cap

A New York state judge on Monday ruled in favor of Uber Technologies Inc and Lyft Inc in a lawsuit against New York City, striking down a new rule limiting how much time drivers for ride-hailing..
Reuters - Published

Say goodbye to those blue-and-yellow airport vans: SuperShuttle is going out of business

The shared ride airport vans have faced stiff competition from Uber, Lyft and other companies offering rides to and from the airport for less money.
USATODAY.com - Published

Worried about Uber's safety report on sexual assaults? How to stay safe when riding Uber and Lyft

Uber says there were more than 3,000 allegations of sexual assault last year. So how do you stay safe on Uber and Lyft? Here are some tips.
USATODAY.com - Published

Use Airbnb, Uber or Lyft? Beware. There can be a dark side to sharing with strangers

We trust strangers to help us do basically everything in our lives. Meanwhile, Uber, Lyft and Airbnb horror stories keep cropping up.
USATODAY.com - Published

Uber safety review reports more than 3,000 allegations of sexual assault last year

Scrutiny of Uber and Lyft is intensifying as a growing number of passengers and drivers come forward to claim they were sexually assaulted.
USATODAY.com - Published

More Women Sue Lyft Alleging Rape, Sexual Assault

more women sue lyft alleging rape, sexual assault
Twenty more women have come forward alleging they were raped or sexually assaulted while using Lyft, adding to a growing list of legal complaints against the ride-hailing company. ......
WorldNews - Published

Uber drives up prices for shared rides, Chicago data reveals

How much ride-hailing companies Uber and Lyft charge customers throughout a day is one of the most closely held secrets in Silicon Valley.
Reuters - Published

Uber's carpool pricing strategy revealed by Chicago fare data

How much ride-hailing companies Uber and Lyft charge customers throughout a day is one of the most closely held secrets in Silicon Valley.
Reuters - Published

Passengers are complaining about LAX's new Uber, Lyft pickup; here's what it's really like

My experience riding a bus to hail an Uber at Los Angeles International Airport's new LAX-it pickup area was breezy.
USATODAY.com - Published

Self-driving cars

There have been many headlines about the future of self-driving vehicles – cars that would never get drowsy, never get impaired by alcohol, and never be distracted by cell phones. Well, that future..
CBS News - Published

Lyft co-founder on why your car is expendable

Self-driving cars may reshape more than our streets. In this web exclusive, correspondent David Pogue talks to John Zimmer, co-founder and president of the Lyft ride-sharing service, about the future..
CBS News - Published

Even after Lyft beat, Wall Street pummels former unicorns

Wall Street pummeled shares of companies including Lyft , Uber Technologies , SmileDirectClub and Slack Technologies on Thursday as investors grew more sour on money-losing former startups that went..
Reuters - Published

LAX officially ends curbside pickup, moves Uber, Lyft, taxis to new area

LAX is to move the pickup area for both taxi and ride app users away from the terminal curbsides entirely to a new area, dubbed “LAX-it,” just east of Terminal 1.
USATODAY.com - Published

House panel 'strongly' urges Uber, Lyft to take part in hearing

Uber Technologies Inc and Lyft have declined to appear at a hearing on Wednesday on ride-hailing industry issues, the chairman of the U.S. House of Representatives panel said, urging them to..
Reuters - Published

Lyft follows Uber in suing NYC over cruising time caps

Lyft Inc, following its rival Uber's move, has sued New York City seeking to nullify a new rule limiting the time its drivers are allowed to spend cruising in Manhattan without passengers, the company..
Reuters - Published

As LAX ends curbside pickup, here's how other airports are handling Uber, Lyft congestion

Here's how some major airports have worked to address issues of curbside congestion from Lyft and Uber rides.
USATODAY.com - Published

Uber, Lyft pickup areas at US airports

Here's how major airports handle Lyft and Uber rides.
USATODAY.com - Published

Andy Dick pleads not guilty to sexual battery charge of groping his Lyft driver

Andy Dick pleaded not guilty in Los Angeles Superior Court Friday, after facing a sexual battery count for allegedly groping his Lyft driver.
USATODAY.com - Published

Lyft app to display U.S. ride-hail alternatives as congestion concerns mount

Lyft Inc on Tuesday said it will roll out changes to its app, allowing users to switch between different modes of transportation at a time when U.S. cities become wary of worsening traffic caused by..
Reuters - Published

California, Uber and Lyft can find a way to compromise on drivers' benefits

Rideshare companies benefit America but shouldn't cheat drivers and passengers. Calling workers contractors costs taxpayers billions a year: Our view
USATODAY.com - Published

California governor expected to sign new legislation for independent workers

California Governor Gavin Newsom is expected to sign new legislation intended to help the Legion of Independent Workers in the so-called gig economy. The law would make "gig workers" eligible for..
CBS News - Published

California Senate passes bill to define more gig economy workers as employees

california senate passes bill to define more gig economy workers as employees
The California State Senate voted on Tuesday to pass a bill that would make it much more difficult for companies like Uber and Lyft to classify workers as independent contractors rather than employees...
WorldNews - Published

California passes landmark gig economy rights bill

The law would mean the likes of Uber and Lyft would have to offer holiday and sick pay.
BBC News - Published

California Labor Bill, Near Passage, Is Blow to Uber and Lyft

The companies seem to have fallen short in efforts to dodge legislation classifying many workers in the gig economy as employees and not contractors.
NYTimes.com - Published

Lyft sued over alleged sexual assaults by drivers

Lawsuit claims Lyft mishandled complaints against drivers and allowed them to continue working after alleged assaults
CBS News - Published

Eye Opener: Hurricane Dorian marches up the coast

Hurricane Dorian threatens the Carolinas with strong winds and heavy rain. Also, Lyft faces a lawsuit over allegations of sexual assault and rape among drivers. All that and all that matters in today's..
CBS News - Published

Rape, assault allegations mount against Lyft in what new suit calls 'sexual predator crisis'

A suit filed Wednesday on behalf of 14 women accuses the ride-hailing company of failing to protect riders and inadequately responding to assaults.
USATODAY.com - Published

No Lyft for Uber shares after results fall short

Shares of Uber Inc fell 10% in early trading on Friday after the ride-hailing service missed most Wall Street targets in its quarterly earnings report, in sharp contrast to upbeat numbers from U.S...
Reuters - Published

Uber quarterly revenue misses estimates, sees pricing pressure easing

Uber Technologies Inc reported lower-than-expected revenue for the second quarter on Thursday, but followed ride-hailing rival Lyft Inc in saying that the pricing pressure is easing.
Reuters - Published

Lyft's scooters steering new customers to ride-hailing, but winter is coming

A quarter of Lyft Inc customers who use its bikes and scooters are new to the company, executives said on Wednesday, outlining how investments in the expensive growth area may eventually benefit the..
Reuters - Published

Lyft suspends its San Francisco e-bike program following battery fires

lyft suspends its san francisco e-bike program following battery fires
Lyft has slammed the brakes on its San Francisco e-bike hire scheme after several bikes reportedly caught fire in the city. According to the San Francisco Examiner, the first incident happened on July..
WorldNews - Published

Lyft driver fatally shot on 52nd wedding anniversary. He had just called his wife to celebrate

Harold Treadwell, 71, was driving for Lyft around 12:30 a.m. Sunday when someone outside of the vehicle shot him, Phoenix police said.
USATODAY.com - Published

Uber drivers and other gig workers in California could see improved lifestyle under proposed law

Uber, Lyft in the crosshairs as California lawmakers look to redefine part-time job rules to boost pay, benefits for drivers.
USATODAY.com - Published

New York City can ban ads inside Ubers, Lyfts: U.S. appeals court

A federal appeals court on Tuesday said New York City can ban advertising inside vehicles driven for companies such as Uber and Lyft, handing a victory to the millions of passengers who it said find..
Reuters - Published

The best credit cards for freelancers

If you work for yourself, moonlight for Uber, Postmates, Lyft, Taskrabbit, or other gig economy companies, these could be the right cards for you.
USATODAY.com - Published

Daily Cryptocurrency Bulletin For Friday, June 28, 2019

daily cryptocurrency bulletin for friday, june 28, 2019
General News Apex Clearing and its subsidiary Apex Crypto have launched a new trading platform for broker-dealers and financial advisors to help their clients trade crypto more effectively. Binance is..
WorldNews - Published

Police sweep home in search for missing student

Salt Lake City police have searched the home of a man they call a person of interest in the disappearance of a college student. Mackenzie Lueck, 23, disappeared after taking a Lyft June 17 from an..
USATODAY.com - Published Also reported by •CBS News

Missing Utah student last seen in a park with unknown person

Her Lyft driver told investigators that the 23-year-old met an unknown individual, put her bag in the person's car, and left
CBS News - Published

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