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Explained: What passage of Proposition 22 means for Uber, Lyft, their workers in California
November 12, 2020 10:54 am
While last week’s vote only affects labour law in California, it is expected to lay out a path for similar initiatives across the country.
California appeals court rules Uber, Lyft must reclassify drivers as employees
October 23, 2020 1:44 pm
California in May sued Uber and Lyft for not complying with AB5. A California judge in August ordered the companies to reclassify their drivers as employees, a ruling the companies appealed under the threat of leaving the state altogether.
Lyft valued at $24.3 billion in first ride-hailing IPO
March 29, 2019 8:26 am
Lyft's valuation makes it the biggest company to go public since Alibaba Group Holding Ltd in 2014. It paves the way for other Silicon Valley companies seeking to float in the stock market this year.
Lyft rider arrested in killing of pregnant driver in Arizona
February 06, 2019 4:19 pm
Durazo allegedly attacked Howato when they arrived at an apartment complex about a half-mile away and he fled in her SUV. Howato suffering from multiple stab wounds. She was transported to a hospital where both she and the unborn baby died.
Lyft, auto parts maker Magna partner on autonomous vehicles
March 15, 2018 2:18 pm
Ride-hailing service Lyft has also entered a partnership for self-driving cars, by signing an agreement with auto parts supplier Magna.
CES 2018: Lyft, Aptiv to partner on driverless ride-hailing services
January 05, 2018 6:53 pm
Uber's US competitor, Lyft has partnered self-driving tech developer Aptiv. The two companies will showcase their upcoming driverless cab at the CES 2018.
Ford to test new self-driving vehicle technology in 2018
December 08, 2017 6:18 pm
Ford gets ready to test out self-driving cars in 2018 by partnering with Lyft and Dominos Pizza
Uber hacking scandal could force loyalists to other ride-hailing services
November 23, 2017 3:34 pm
Riders and business experts say that Uber's stolen data hits people directly and could make them mad enough to delete the app.
Uber CEO Dara Khosrowshahi says Lyft rivalry will force US market losses
November 10, 2017 2:02 pm
Uber Technologies Inc will continue to lose money in its home market for at least the next six months as rival Lyft Inc poses a fierce competitive challenge, Chief Executive Dara Khosrowshahi said on Thursday
Google parent Alphabet leads $1 billion Lyft investment, deepening Uber rift
October 20, 2017 3:17 pm
Google's parent company is throwing its financial support behind ride-hailing service Lyft, deepening its rift with market leader Uber.
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