Ride Sharing Market to grow by USD 180.02 Billion (2024-2028), driven by rising vehicle ownership costs, with AI redefining the market landscape – Technavio

NEW YORK, Dec. 4, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global ride sharing market size is estimated to grow by USD 180.02 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 26.35% during the forecast period. Increase in vehicle ownership cost is driving market growth, with… Continue reading Ride Sharing Market to grow by USD 180.02 Billion (2024-2028), driven by rising vehicle ownership costs, with AI redefining the market landscape – Technavio

Tomorrow Cellars Launches Two Delicious Nonalcoholic Wines, Just in Time for the Holidays

Lyft CEO Teams up with Wine Industry Veteran to Bring New Energy to the NA Wine Category   NAPA, Calif., Dec. 4, 2024 /PRNewswire/ — Tomorrow Cellars is launching its first non-alcoholic wines just in time for the holidays and Dry January. On a mission to bring new energy to the non-alcoholic wine category and… Continue reading Tomorrow Cellars Launches Two Delicious Nonalcoholic Wines, Just in Time for the Holidays

Zitadel Raises $9M in Series A Funding

Zitadel, a San Francisco, CA-based provider of cloud-native identity infrastructure solutions, raised $9M in Series A funding. The round was led by Nexus Venture Partners with participation from Floodgate. The company intends to use the funds to accelerate product development, expand its technical team, and strengthen its market position. Led by CEO Florian Forster, Zitadel… Continue reading Zitadel Raises $9M in Series A Funding

JobGet Acquires Snagajob

JobGet, a Boston, MA-based provider app-first job platform, acquired Snagajob, a provider of a platform which specializes in hourly employment. The amount of the deal was not disclosed. Snagajob will operate as a standalone entity within JobGet, allowing employers to continue leveraging the platform while benefiting from JobGet’s resources and technology. Snagajob provides a platform… Continue reading JobGet Acquires Snagajob

Lyft with May Mobility, Mobileye and Nexar

Lyft is starting a new era of autonomous driving: The ride-sharing company has announced three promising partnerships in the field of self-driving cars. With May Mobility, Mobileye and Nexar wants Lyft expand its platform for autonomous mobility and introduce the first self-driving vehicles as early as 2025 Atlanta insert. The group wants to strengthen its… Continue reading Lyft with May Mobility, Mobileye and Nexar

Payfare Announces Third Quarter 2024 Financial Results

Payfare generated net income of $4.5 million, and Adjusted net income per share1 of $0.17 in Q3 2024 TORONTO, Nov. 6, 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 Third Quarter 2024 Financial Results

Study Finds Self-Driving Waymos Are More Expensive Than Taxis, Take Twice as Long to Get to Destination

Pricy, but not very punctual. Need for Speed Are autonomous taxis the way to go? Currently, only if you like demonstrably poorer service for your buck. A new study conducted by Forbes reveals how Waymo, a leader in the robotaxi industry, still lags considerably behind human-driven ridesharing services in two key transportation metrics: time and… Continue reading Study Finds Self-Driving Waymos Are More Expensive Than Taxis, Take Twice as Long to Get to Destination

Nexar and Lyft Partner To Drive The Future Scaling Of Autonomous Vehicles

NEW YORK, Nov. 6, 2024 /PRNewswire/ — Nexar, a leader in AI-powered mobility solutions, and Lyft (NASDAQ: LYFT), one of North America’s largest transportation networks, today announced plans to partner, leveraging Nexar’s vast cutting-edge video telematics to create data-driven solutions that accelerate the deployment of AV technologies. “Nexar’s collaboration with Lyft is a pivotal moment… Continue reading Nexar and Lyft Partner To Drive The Future Scaling Of Autonomous Vehicles

Lyft is also partnering with robotaxi companies

/ After Uber announced a bunch of AV deals, Lyft is teaming up with May Mobility, Mobileye, and Nexar. By Andrew J. Hawkins, transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Share this story Illustration… Continue reading Lyft is also partnering with robotaxi companies

Lyft fined $2.1 million for misleading ads about how much drivers could make

/ The FTC says Lyft inflated its advertised earnings claims on the top fifth of its drivers. 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 A Lyft sign taken in January 2023 at… Continue reading Lyft fined $2.1 million for misleading ads about how much drivers could make