Lyft will likely post an 8.4% rise in its third-quarter revenue on Wednesday, LSEG data, compared with a roughly 3% increase in the second. Adjusted core earnings – a closely watched metric of profitability – is expected to jump by a quarter to USD 82.6 million. Lyft‘s price cuts may have helped the ride-hailing firm… Continue reading Lyft’s gains from price cuts not enough to dent Uber’s US lead
Tag: Lyft
NYT: Robotic taxis still need a lot of help
The New York Times (NYT) report reveals that General Motors’ robotaxi company, Cruise, often relies on human help in San Francisco. According to the report, the company’s autonomous vehicles require human assistance every 2.5 to 5 miles. Cruise’s driverless vehicles, which have been driving around the city since 2020, were stopped last week after the… Continue reading NYT: Robotic taxis still need a lot of help
Uber and Lyft pay $328M to settle wage-theft complaints in New York
Uber and Lyft have agreed to pay drivers in New York a combined $328 million to settle wage-theft complaints. The settlement is the result of state attorney general Letitia James’ investigation into whether the companies collected certain fees and taxes from drivers rather than passengers. The investigation also looked into whether companies failed to provide… Continue reading Uber and Lyft pay $328M to settle wage-theft complaints in New York
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A sign marks a rendezvous location for Lyft and Uber users at San Diego State University in San Diego, California, U.S., May 13, 2020. REUTERS/Mike Blake/File Photo Acquire Licensing Rights NEW YORK, Nov 2 (Reuters) – Uber (UBER.N) and Lyft (LYFT.O) will pay a combined $328 million to settle claims by New York’s attorney general… Continue reading Untitled
Payfare to Hold Investor Conference Call to Discuss Third Quarter 2023 Financial Results
TORONTO, Oct. 31, 2023 /PRNewswire/ – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY) (OTCQX: PYFRF) will be hosting a conference call on Wednesday, November 8, 2023, at 6:30 p.m. ET to discuss the Company’s financial results for the third quarter of 2023. The complete financial results are expected to be released shortly after market close on… Continue reading Payfare to Hold Investor Conference Call to Discuss Third Quarter 2023 Financial Results
GM’s Cruise Halts Self-Driving Operations Across the US After Regulator Safety Fears
Cruise, the self-driving arm of General Motors, said late today it had halted its robotaxi service across the US and would no longer operate its vehicles without safety drivers behind the wheel. That decision to hit the brakes comes two days after California regulators suspended the driverless car company’s permit in San Francisco, alleging Cruise… Continue reading GM’s Cruise Halts Self-Driving Operations Across the US After Regulator Safety Fears
Sinch Expands the Mailgun Product Suite with Mailgun Optimize and Mailgun Validate to Transform Email Deliverability
SAN ANTONIO and STOCKHOLM, Oct. 25, 2023 /PRNewswire/ — Today Sinch (Sinch AB (publ) – XSTO: SINCH), which powers meaningful conversations between businesses and their customers through its Customer Communications Cloud, announced that Mailgun Optimize, the first deliverability solution built on an email sending platform, and Mailgun Validate, the fastest and most accurate address verification solution,… Continue reading Sinch Expands the Mailgun Product Suite with Mailgun Optimize and Mailgun Validate to Transform Email Deliverability
Uber sexual assault survivors call for in-car cameras, tech upgrades
Hundreds of women have filed lawsuits against Uber claiming the company hasn’t done enough to prevent instances of sexual assault by drivers. Now a panel of judges has ruled that more than 80 cases can be consolidated into federal court. The stakes are high for both parties with implications extending to future Uber riders and… Continue reading Uber sexual assault survivors call for in-car cameras, tech upgrades
Rental Car Satisfaction Grows Amid More Stable Price and Supply
The 2023 North America Rental Car Satisfaction Study is based on responses gathered from 8,632 business and leisure travelers who rented a vehicle at an airport location during the past year. The study was fielded from August 2022 through August 2023. Graphic: J.D. Power North American airport-based rental car companies are seeing some of the… Continue reading Rental Car Satisfaction Grows Amid More Stable Price and Supply
Blue Cross Blue Shield of Massachusetts Sponsors Free Bluebikes Adventure Passes on World Mental Health Day
Riders will receive free Adventure Pass with code: BLUECROSSMENTALHEALTH BOSTON, Oct. 5, 2023 /PRNewswire/ — In recognition of World Mental Health Day and to support mental wellness within the Metro Boston community, Blue Cross Blue Shield of Massachusetts (“Blue Cross”) is sponsoring free Bluebikes Adventure Passes on Tuesday, October 10. The complimentary passes, which provide riders with… Continue reading Blue Cross Blue Shield of Massachusetts Sponsors Free Bluebikes Adventure Passes on World Mental Health Day