The stock prices of Uber, Lyft and DoorDash slid on Tuesday after the Department of Labor announced proposed changes to how workers should be classified. The prospective guidance is intended to “combat employee misclassification,” the federal agency said in a statement. Soon after, Uber’s share price dropped by more than 10% to $24.61, while Lyft’s… Continue reading Federal gig worker proposal tanks Uber, Lyft and DoorDash stocks
Tag: Uber
Lyft exec was wrong about driverless vehicles — but he still believes in their potential
Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. The ride hailing app company’s shares were initially priced at $72. Mario Tama / Getty Images DETROIT — In 2016, Lyft… Continue reading Lyft exec was wrong about driverless vehicles — but he still believes in their potential
Uber exits from five cities in Pakistan, to continue services via unit Careem
Uber Technologies Inc will discontinue its ride-hailing services app in five cities in Pakistan including Karachi and Islamabad, the company said on Tuesday, in a move that will reduce market overlap between the US firm and its Middle East unit Careem. The change, effective immediately, also covers the cities of Multan, Faisalabad and Peshawar, but the Uber app… Continue reading Uber exits from five cities in Pakistan, to continue services via unit Careem
Meta Quest Pro VR Headset: Price, Specs, Details
Jenga was just one of many games and experiences I tried at Meta’s Reality Labs headquarters in Burlingame, California, last week. I stretched my face in ways that would put Jim Carrey to shame as I tested the eye-tracking and facial expression features. It was surreal seeing a green elfin character, my avatar, mimic these… Continue reading Meta Quest Pro VR Headset: Price, Specs, Details
Motional and Uber cooperate for 10 years
Aptiv and Hyundai’s company, Motional, struck a 10-year commercial agreement with ride-hailing service provider Uber. motional is an association of aptive and Hyundai, which are common especially in Las Vegas offer a robot taxi service. You are already competing with them Via, but also with lyft have already worked together. Now you are cooperating with… Continue reading Motional and Uber cooperate for 10 years
Ride Hailing Services Market to observe USD 44.17 Bn incremental growth; Beijing Xiaoju Technology Co. Ltd., BMW AG, and Carshare Australia Pty Ltd. emerge as key vendors — Technavio
NEW YORK, Oct. 10, 2022 /PRNewswire/ — The global ride hailing services market size is expected to grow by USD 44.17 billion between 2020 and 2025. However, the growth momentum in the market is expected to decelerate at a CAGR of 13.53% during the forecast period. The report identifies Beijing Xiaoju Technology Co. Ltd., BMW… Continue reading Ride Hailing Services Market to observe USD 44.17 Bn incremental growth; Beijing Xiaoju Technology Co. Ltd., BMW AG, and Carshare Australia Pty Ltd. emerge as key vendors — Technavio
Windows 11 Now Offers Automatic Phishing Protection
The latest September 2022 version 22H2 update for Windows 11 includes a new feature designed to keep you even safer than before from phishing attacks: the practice of bad actors attempting to get you to reveal your usernames and passwords so they can log in rather than break in to your accounts. These sneaky deceptions… Continue reading Windows 11 Now Offers Automatic Phishing Protection
The Physics of Smashing a Spacecraft Into an Asteroid
There are a couple of things to notice. First, after the collision DART is moving backwards, because it bounced. Since velocity is a vector, that means that it will have a negative momentum in this one-dimensional example. Second, the kinetic energy equation deals with the square of the velocity. This means that even though DART… Continue reading The Physics of Smashing a Spacecraft Into an Asteroid
The best gaming laptops for 2022
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing. For a few years now, gaming laptops have… Continue reading The best gaming laptops for 2022
Former Uber executive joins Yulu as Head of operations and revenue
New Delhi: The leading Shared Electric Mobility and Battery-as-a-Service (BaaS) company, Yulu, said it has appointed Pradeep Puranam as Head – Revenue and Operations. In this role, Pradeep will focus on driving revenue growth and building efficient operations for the People, Enterprise, and Goods mobility segments using Yulu’s products and services, the company said on… Continue reading Former Uber executive joins Yulu as Head of operations and revenue