Lyft
Lyft adds wait-time fees, nearly seven years after Uber
Lyft has introduced wait-time fees — in other words, charges incurred if a Lyft driver has to wait for you upon pickup. The rideshare platform hasn’t had these previously, despite…
Shared electric scooters came onto the scene five years ago with a promising vision of getting people out of cars and on to greener modes of transportation. Yet despite billions…
2022 was the kind of year that made us think, “What a time to be alive and reporting on transportation.” This year was absolutely dominated by conversations around the realities…
The fight over whether gig workers are independent contractors or employees has been heating up this week on both state and federal levels. The stakes? A once disruptive business model…
Lyft, Redwood Materials partner to recycle shared e-bike and e-scooter batteries
Lyft is partnering with Redwood Materials, a battery recycling company founded by ex-Tesla co-founder JB Straubel, to ensure the batteries from its fleets of shared electric bikes and scooters don’t…
Uber and Lyft will have to increase the minimum pay rates for drivers in New York City by the end of the year, Engadget reports. The fare increase comes amid…
California voters shot down a plan to make electric vehicles more affordable for some residents, dealing a blow to Lyft and the EV industry alike. Proposition 30 would have taxed…
Californians vote ‘No’ on Lyft-backed Prop 30, a plan to tax the rich and fund EVs
This article has been updated to reflect the final ballot count. Californians have voted against a proposal on the midterm election ballot that would have taxed the wealthiest Californians to help…
Ride-hailing company Lyft lost $135.7 million in the third quarter due to the shutdown of autonomous vehicle company Argo AI, in which Lyft had a small stake. Late last month,…
Lyft lays off 13% of workforce as it tries to slash operating expenses
Lyft said Thursday it is laying off 13% of its workforce as it tries to reduce operating expenses, according to a securities filing. The ride-hailing company described the cuts as…
Ride-hail giant Lyft has relaunched Lyft Pink, its monthly subscription plan, at half of its previous price. At $9.99 per month or $99 per year, the new membership offers perks…
Arrival restructures (again), Bird shrinks and highlights from Disrupt
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in…
Lyft co-founder says autonomous vehicles won’t replace drivers for at least a decade
In appearance at TechCrunch Disrupt, John Zimmer spoke on slow AV rollout and why Lyft hasn’t banned drivers from using Autopilot.
Lyft increases service fees for riders amid rising insurance costs
Lyft is increasing the service fees its riders in the U.S. pay for each ride. The rise in cost, which will go directly to Lyft, aims to cover the higher…
Federal gig worker proposal tanks Uber, Lyft and DoorDash stocks
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…
Lyft’s John Zimmer to talk AVs, growth and profit at Disrupt
When the economy tightens and the cost of driving new initiatives cramps growth and profitability, sometimes you just need to overhaul your strategy. Case in point, when ride-hail giant Lyft…
Geely’s Europe expansion continues, Argo robotaxis on the Lyft app and Tesla AI Day takeaways
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in…
Argo AI’s robotaxis officially available via Lyft in Austin
Ride-hailing giant Lyft and autonomous vehicle technology company Argo AI are now officially offering public robotaxi service in Austin, Texas. This is the second city in which Lyft and Argo…
Lyft freezes hiring in the US amid economic instability
Lyft has been canceling job interviews this week and is reportedly on a hiring freeze in the U.S., according to anonymous professional network Blind and a report from Bloomberg. The…
VC Ann Miura-Ko is looking to help more students answer the question: Is this idea big enough?
One could probably argue that Floodgate, the Bay Area-based seed-stage venture firm, punches above its weight. The roughly 15-year-old firm has just around $500 million in assets under management —…
This Week in Apps: Apple’s event brings a ‘Dynamic Island,’ new widgets and iOS 16
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. Global app spending reached…
Lyft sued by drivers, passengers claiming company failing to protect users from assault
Lyft is facing a fresh batch of lawsuits from drivers and passengers who say they were sexually and physically assaulted during rides and accused the ride-hailing company of failing to…
Motional launches autonomous Hyundai IONIQ 5s on Lyft network in Las Vegas
Motional, the Aptiv-Hyundai joint venture that’s working to commercialize autonomous driving technology, has launched its new all-electric IONIQ 5-based robotaxi for driverless ride-hail operations on the Lyft network in Las…
Daily Crunch: ‘Winter may be longer’ because unicorns won’t accept down rounds, says SoftBank leader
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Lyft has created a new business unit to beef up its digital advertising business across its tablets, mobile app, rooftops and bicycles, producing the potential to add billions of dollars…
Lyft rides post-COVID recovery to record earnings, but faces inflationary headwinds
Ride-hail giant Lyft reported strong second-quarter earnings Thursday. Earlier this year, investors had been skeptical of Lyft’s ability to offset the costs of increased investments to attract and retain drivers.…
Lyft assured no layoffs were coming — now employees are scrambling for their next gig
The day before Lyft shut down its in-house rental service and laid off close to 60 employees, the team in charge of the program was consumed by what they thought…
This startup just raised $320M to make long-term care inside hospitals obsolete
Cera, a U.K. provider of healthcare inside people’s homes augmented by a platform that allows carers to monitor a patient’s health and potentially flag problems, has raised $320 million (£260…
Ride-hail startup Alto thinks the current gig worker-based market is inherently broken. Drivers’ salaries are squeezed by the costs of owning and maintaining a vehicle; riders aren’t guaranteed a high-quality…
Lyft lays off about 60 employees, shutters in-house car rentals program
Lyft has joined the ranks of tech companies trimming its workforce. The news of the layoffs, initially spotted in LinkedIn posts by now-former Lyft employees, has been confirmed by the…
