As sales of its electric cars have fallen, Tesla and its chief executive, Elon Musk, have sought to convince Wall Street that the company’s future lies not in the grinding business of making and selling cars but in the far more exciting world of artificial intelligence. In Mr. Musk’s telling, one of Tesla’s main A.I.-based… Continue reading Elon Musk Says Robotaxis Are Tesla’s Future. Experts Have Doubts.
Tag: Lyft
Payfare Announces Second Quarter 2024 Financial Results
Payfare generated net income of $4.9 million, and Adjusted net income per share1 of $0.16 in Q2 2024 TORONTO, Aug. 7, 2024 /PRNewswire/ – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY) (OTCQX: PYFRF), a leading international Earned Wage Access (“EWA”) company powering instant access to earnings and digital banking solutions for workforces, today announced the filing… Continue reading Payfare Announces Second Quarter 2024 Financial Results
Uber Partners With BYD to Put Its Drivers Into 100,000 EVs
(Bloomberg) — Uber Technologies Inc. will team up with BYD Co. to put 100,000 electric vehicles onto the ride-hailing company’s platform, in a major deal between American and Chinese businesses that notably excludes the US. Most Read from Bloomberg Under the multiyear partnership, the two companies will offer drivers lower vehicle pricing and financing. The… Continue reading Uber Partners With BYD to Put Its Drivers Into 100,000 EVs
Elon Musk Says Robotaxis Are Tesla’s Future. Experts Have Doubts.
As sales of its electric cars have fallen, Tesla and its chief executive, Elon Musk, have sought to convince Wall Street that the company’s future lies not in the grinding business of making and selling cars but in the far more exciting world of artificial intelligence. In Mr. Musk’s telling, one of Tesla’s main A.I.-based… Continue reading Elon Musk Says Robotaxis Are Tesla’s Future. Experts Have Doubts.
California Supreme Court upholds classification of gig workers as independent contractors
Ride-share companies scored a victory in the California Supreme Court, allowing them to continue classifying gig workers as independent contractors rather than employees. Uber, Lyft, DoorDash and other gig-economy companies invested around $200 million in the passage of Proposition 22, which voters approved in 2020. The state’s highest court rejected a legal challenge from a… Continue reading California Supreme Court upholds classification of gig workers as independent contractors
Uber, Lyft, and DoorDash have finally won the Prop 22 gig worker battle
/ The ride-hailing and food delivery services won’t have to classify gig workers as employees. By Emma Roth, a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Share this story California Gig Workers Union members gather outside the Supreme… Continue reading Uber, Lyft, and DoorDash have finally won the Prop 22 gig worker battle
Lyft and Everlance Partner to Provide Tax Savings to Drivers
SAN FRANCISCO, July 25, 2024 /PRNewswire/ — Today, Everlance and Lyft announce a strategic partnership to better serve the rideshare driver ecosystem. This collaboration involves Everlance, an industry leader in providing tools for mobile workers, and Lyft (NASDAQ: LYFT), one of the largest transportation networks in North America, continuing to build and further the financial resources… Continue reading Lyft and Everlance Partner to Provide Tax Savings to Drivers
Waymo Is Suing People Who Allegedly Smashed and Slashed Its Robotaxis
The people of San Francisco haven’t always been kind to Waymo’s growing fleet of driverless taxis. The autonomous vehicles, which provide tens of thousands of rides each week, have been torched, stomped on, and verbally berated in recent months. Now Waymo is striking back—in the courts. This month, the Silicon Valley company filed a pair… Continue reading Waymo Is Suing People Who Allegedly Smashed and Slashed Its Robotaxis
Kate Sampson Named as New Independent Director
Brings Over 25 Years of Insurance, Risk Management, and Technology Experience BRANCHVILLE, N.J., July 1, 2024 /PRNewswire/ — Selective Insurance Group, Inc. (NASDAQ: SIGI) today announced the appointment of Kate Sampson to the Board of Directors, effective July 1, 2024. Continue Reading Kate Sampson Named as New Independent Director Ms. Sampson is an insurance… Continue reading Kate Sampson Named as New Independent Director
Uber and Lyft are now required to pay Massachusetts drivers $32 an hour
/ Drivers will get benefits too, but will still be independent contractors. By Wes Davis, a weekend editor who covers the latest in tech and entertainment. He has written news, reviews, and more as a tech journalist since 2020. Share this story An Uber and Lyft vehicle in New York.Photo: Lindsey Nicholson / UCG /… Continue reading Uber and Lyft are now required to pay Massachusetts drivers $32 an hour