lyft News

RideShareRevolution

Lyft Settles with FTC Over ‘Deceiving Drivers with Misleading Earnings Claims’

Matt Milano - October 28, 2024

RideShareRevolution

Lyft Slashes Jobs and Dockless Bike Service in Major Cost-Cutting Move

WebProNews - September 4, 2024

RideShareRevolution

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

Rich Ord - August 7, 2024

Business

California Supreme Court Upholds Proposition 22

Matt Milano - July 28, 2024

RideShareRevolution

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

Rich Ord - May 11, 2024

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 Reverses Course, Issues Return-to-Office Mandate

Lyft has reversed course on remote work, mandating that employees return to the office at least three days a week....

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....

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...

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

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

Judge Rules California Prop. 22 ‘Unconstitutional’

Uber, Lyft and other ride-share and gig economy companies were dealt a major blow, with a judge ruling Prop. 22 is “unconstitutional.”...

Toyota Acquiring Lyft’s Self-Driving Division

Lyft has announced Toyota subsidiary Woven Planet is acquiring its self-driving division, Level 5. Autonomous driving is widely considered to b...

Congress Out To Kill Uber and the Entire Gig Economy Again

Congress, in a political payoff to unions, have aga...

Motional Taps Hyundai’s IONIQ 5 For Next-Gen Robotaxi

Driverless tech company Motional has announced it will use Hyundai’s IONIQ 5 for its robotaxi deal with Lyft. Motional and Lyft signed “the wor...

Lyft Hopes To Finally End ‘Living Under a Cloud’

"What we're expecting is that other states might have otherwise been teed up to try to replicate AB5," says Lyft's Chief Policy Officer...

Uber and Lyft Prevail In California Proposition 22 Fight

California’s Proposition 22 is poised to pass, securing the current business model for gig economy companies....

Uber and Lyft Lose Appeal, Must Make Drivers Employees

Uber and Lyft have been dealt a major blow, as an appellate court has ruled the injunction against them was appropriate....

Lyft Co-Founder Says Rides Are Still Down 50%

"The impact of the pandemic to us in the broader market is rides being down about 50% now," says Lyft co-founder and President John Zimmer. "They were dow...

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