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A typo in Lyft's earnings results sent its stock soaring then plummeting

TechSpot

Lyft's quarterly results on Tuesday stated that the company would improve adjusted earnings margins by 500 basis points, or 5 percentage points, in 2024 compared with the previous year. Read Entire Article

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Amazon, Uber, and Lyft sue seller over rogue rideshare signs — here’s what he says in response

GeekWire

One of the alleged counterfeit rideshare signs, as pictured in the lawsuit filed by Amazon, Uber, and Lyft. Updated with additional details and statements from Amazon, Uber and Lyft. Hutton acknowledged that he used the Uber and Lyft logos on the signs that he sold. The companies sued Gary Hutton of Torrance, Calif.,

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No Matter How Their Drivers Are Classified, Uber And Lyft Must Commit To Better Work Experience

Forrester IT

A recent bill signed by California Governor Gavin Newsom pressures ride-hailing companies like Uber and Lyft to label drivers as employees rather than independent contractors, with the intention of raising wages and giving access to workplace benefits.

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Seattle adopts minimum wage for Uber and Lyft drivers

GeekWire

Seattle became the second big city in the nation to establish a minimum wage standard for Uber and Lyft drivers on Tuesday. The Seattle City Council unanimously voted to adopt new regulations designed to ensure Uber and Lyft drivers earn the city’s $16.39 (Bigstock Photo). per hour minimum wage. ”

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Lyft Really Did It

Gizmodo

Lyft announced Thursday its ceasing operations in California, yanking the rug out from under its riders and drivers in the region. Read more.

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Uber and Lyft drivers will get expanded death benefits thanks to new Washington state law

GeekWire

(Bigstock Photo) The families of drivers in Washington state working for transportation network companies such as Uber and Lyft will receive enhanced survivor death benefits under a new bill passed by state lawmakers.

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Restricted Source Licensing Is Here

Forrester IT

Even end user companies such as Netflix, Lyft, Capital One, etc., What was once seen as risky code, developed in suburban basements, has taken on new life. Major software companies employ teams of full-time workers to write and contribute code to open source projects. are contributing back […]

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