UPDATE: This article has been updated with compensation package information for Green, Zimmer and Risher. Lyft co-founders, CEO Logan Green and president John Zimmer, are stepping down from their role
In appearance at TechCrunch Disrupt, John Zimmer spoke on slow AV rollout and why Lyft hasn’t banned drivers from using Autopilot.
Welcome back to Human Capital. In this week’s edition of HC, you’ll read about the latest labor struggles at Amazon and the Chan Zuckerberg Initiative, President-Elect Joe Biden’s promises to gi
Lyft said Wednesday that every car, truck and SUV on its platform will be all-electric or powered by another zero-emission technology by 2030, a commitment that will require the company to coax driver
A glimpse at Lyft’s stock price Wednesday, which soared as much as 16.77% after first-quarter earnings were reported, suggested all was well in the ride-hailing company’s world. In this CO
For a seemingly tough pitch, Light has had little trouble getting noticed. The company has run two successful crowdfunding campaigns for a pair of minimalist phones designed to augment or replace the
Lyft is offering to the public a set of autonomous driving data that it calls the “largest public data set of its kind,” containing over 55,000 3D frames of captured footage hand-labeled b
In its first-ever earnings report as a public company, Lyft (Nasdaq: LYFT) failed to display progress toward profitability. The ride-hailing business, which raised $2 billion in a March initial public
Lyft launched its scooter business in Denver on Thursday, the first market for the company as it expands beyond ride-hailing and into other means of transportation. Lyft is one of a handful of compani
Lyft is partnering with Magna, one of the largest tier-one automotive industry suppliers in the world, on autonomous vehicle technology. Lyft CEO and co-founder Logan Green explained that this will h
Lyft is seeking to raise an additional $500 million, over and above the $1 billion it raised in a round led by Alphabet venture arm CaptialG last month. The $500 million is an extension of that round,
All 50 states offer some form of Lyft service but now even rural areas in most states can catch a Lyft. According to a company statement out today, Lyft can now pick up customers in 94 percent of the
Ride-hailing company Lyft is celebrating a milestone -- it just launched in 10 additional U.S. markets, making for 100 cities added to the list of places it's available in 2017. That was the target Ly
The U.S. regulatory agency overseeing transportation at the federal level has announced a new official committee on automation, be it autonomous driving, drones or other self-guided modes of getting a
The ridesharing company says more than 1 million new customers gave the service a spin last month. It previously told TechCrunch it had picked up 17 million rides in October, more than 2.4x’s t
Lyft launched an aggressive marketing campaign in Spring that seems to be paying off. The rideshare company says it delivered 17 million rides this month (so far), more than 2.4x’s the amount th
Back in 2007 co-founders John Zimmer and Logan Green envisioned a new kind of mass transportation carpooling system connecting riders and drivers across the nation. They called it Zimride. But it turn
Lyft is now allowing third-party developers to build on its platform, starting with Facebook Messenger today. Uber opened its API to third-party developers more than 18 months ago, announcing a partn
Earlier this week I benefitted from a drop in Uber Pool pricing, noting my ride was a whole Starbucks medium-size latte less than Lyft Line. Lyft, fresh with a new billion dollars in funding, is now d
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