With about 25,000 employees in the United States and another 23,000 in Canada, automotive supplier Magna International sits squarely in the center of an ongoing trade dispute.
Tag: Lyft
New York City Council votes to cap licenses for ride-hailing services like Uber and Lyft
The New York City Council has approved legislation that will halt the issuing of new licenses for ride-hailing services like Uber and Lyft. The stated goal of the policy is to give the city time to study the industry’s impact. During that time, ride-hailing companies would only be able to add new vehicles if they’re… Continue reading New York City Council votes to cap licenses for ride-hailing services like Uber and Lyft
Scale, whose army of humans annotate raw data to train self-driving and other AI systems, nabs $18M
The artificial intelligence revolution is underway in the world of technology, but as it turns out, some of the most faithful foot soldiers are still humans. A startup called Scale, which works with a team of contractors who examine and categorise visual data to train AI systems in a two-sided marketplace model, announced that it… Continue reading Scale, whose army of humans annotate raw data to train self-driving and other AI systems, nabs $18M
Scale raises $18 million to label data from autonomous car companies like Lyft and Embark
Autonomous cars need data. Lots of data. According to research conducted by the Rand Corporation, they’ll have to drive hundreds of millions or even billions of miles to demonstrate their safety. Companies like Waymo are well on their way; the average self-driving vehicle is projected to generate more than 300 terabytes per year. But collecting data isn’t the only… Continue reading Scale raises $18 million to label data from autonomous car companies like Lyft and Embark
Trump trade war will add $3,000 to price of some popular pickup trucks, minivans, Toyota says
The Trump administration’s trade war will make Toyota pickup trucks and minivans more expensive, adding about $3,000 to the sticker price of some of its best-selling automobiles, Toyota executives said after reporting record profits Friday.
Stop Uber From Flooding New York
On Tuesday evening, the New York City Council introduced a bill to place a temporary cap on the number of for-hire vehicles — the kind provided by services like Uber and Lyft — allowed on the city’s streets. It’s about time: In recent years these cars have flooded New York, clogging our streets and driving… Continue reading Stop Uber From Flooding New York
Actually, Curbing Uber Won’t Relieve Heavy Traffic
Are ride-sharing and -hailing services like Uber and Lyft causing road congestion? This has been the perception in cities across the country, and the companies have come under fire for it. In New York City, it has led to a proposal to curb, for a year, for-hire-vehicle companies from adding new driver’s licenses (except for… Continue reading Actually, Curbing Uber Won’t Relieve Heavy Traffic
Rideshare companies offered New York $100M to drop proposed regulations
Lyft, Uber and Via yesterday made an offer to succor New York City’s beleaguered taxi medallion owners: a $100 million relief fund paid over five years to cover the plight of these poor souls. But the city, in its arrogance, refused this generosity! How could they? Perhaps because the money was contingent on New York… Continue reading Rideshare companies offered New York $100M to drop proposed regulations
Lyft will pay you $550 to ditch your car for a month
Lyft is raising the stakes in its mission to dominate all modes of transportation in major cities. Starting in August, the ride-hailing company will offer 100 residents of Chicago $550 each in credit to Lyft and several other mobility services if they ditch their personal vehicles for a month. It’s a bold, if slightly gimmicky,… Continue reading Lyft will pay you $550 to ditch your car for a month
Lyft sued for patent infringement
A professor from Georgia sued Lyft for using an idea he had in 1999. A new lawsuit goes through the industry and this time it has the car broker Lyft met. The retired professor of engineering at the Georgia Institute of Technology, Stephen Dickerson, sued the company because of the billing method. Aptiv Lyft fleet.… Continue reading Lyft sued for patent infringement