RideShareRevolution

Lyft is making significant operational shifts to stabilize its financial standing and better compete with ride-hailing rival Uber. The San Francisco-based company announced that it...

Lyft Posts First-Ever GAAP Profit Amid Record Rides and Revenue Growth

SAN FRANCISCO — In a significant milestone, Lyft Inc. reported its first quarter of GAAP profitability, surprising analysts and investors with stronger-than-expected financial perf...

Uber’s Spectacular Q2 Performance: Record Profits, Strategic Expansion, and Autonomous Vehicle Triumphs

SAN FRANCISCO, Aug. 6, 2024 - In a remarkable showcase of its market prowess, Uber Technologies, Inc. (...

Tesla’s Robotaxi Delay: Analyzing the Impact and Future Prospects

In a recent YouTube discussion, Herbert Ong, a prominent tech commentator, sat down with Jeff Lutz, a seasoned supply chain executive with...

Inside the Shift: Tesla’s Executive Exit, Uber and Lyft’s Autonomous Strategies Shake Up Tech and Transport

A vibrant discussion unfolded in a revealing session on the "Meet Kevin" YouTube channel, offering deep insights into the current t...

Uber and Lyft Threaten to Pull Out of Minneapolis Over Driver Minimum Wage Mandate

Ride-sharing giants Uber and Lyft are gearing up to exit Minneapolis as tensions rise over a new mandate requiring a minimum wage for drivers. The Minneapolis City Council's decisi...

Uber Is Offering Chartered Boats in Greece

Uber appears to be branching into the boat business, with the company reportedly offering private boat charters in Mykonos, Greece....

Lyft Media Launches to Help Brands Engage With Travelers

Lyft — the popular ride-sharing service — has launched Lyft Media, a media and advertising platform. L...

Lyft’s Layoffs Will Impact 1,072 Employees

Lyft is moving forward with layoffs it announced last week, saying it i...

Lyft Plans a Significant Round of Layoffs

Lyft continues its efforts to streamline operations, with the CEO telling employees the company will "significantly reduce" its workforce....

Didi Free to Accept New Signups As China Ends Tech Crackdown

In a sign that China's war on tech is finally over, ride-sharing service Didi is once again free to accept new signups....

Lyft Prepares for ‘Probable Recession’ by Laying Off 13% of Staff

Lyft joins the long list of companies laying off employees in preparation for what it calls a "probable recession."...

Lyft Media Launches to Help Brands Engage With Travelers

Lyft — the popular ride-sharing service — has launched Lyft Media, a media and advertising platform. L...

Uber Built A Very Anti-Fragile Business, Says Jason Calacanis

"Uber built a very anti-fragile business in regards to having the Eats business and having the Rides business," says early...

There Is No Change Coming To Lyft, Says Co-Founder – Despite Ruling

Lyft co-founderJohn Zimmer is extremely confident the court rulin...

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