Uber Technologies, Inc.'s expansion plan is solid, including partnerships with big AV players and expansion in low dense ...

The modern workforce includes two primary categories of workers: employees and independent contractors. Both provide services in exchange for compensation, but the legal and tax implications could not ...

Lyft’s ( NASDAQ: LYFT) Q4 results demonstrated its effective cost discipline, pricing dynamics, and consistent rider growth, ...

Shares in Lyft are tumbling in premarket trading Wednesday after the ride-hailing company projected first-quarter bookings that lagged estimates amid an ongoing price war with rival Uber Technologies.

Lyft said it was expecting gross bookings between $4.05 billion and $4.20 billion in the first quarter, below estimates of $4 ...

TLC Commissioner David Do on Wednesday called the rideshare companies’ practice of freezing drivers out of the app “harmful, ...

Lyft is a North American-based marketplace network that connects drivers (supply-side) to riders (demand-side) and individual customers to two-wheel modes of transportation. The firm makes money by ...

If the new rules went into effect, Golden said, Lyft would “have to remove the equivalent of over 1,200 full-time drivers to maintain 2024 utilization rates.” Josh Gold, a spokesman for ...

The Taxi and Limousine Commission proposed changes to its minimum-pay formula that it says will boost driver pay — and keep Uber and Lyft from locking drivers out to keep pay low. TLC ...

Lyft and Anthropic are teaming up to bring AI powered apps and tools to Lyft products. The announcement comes months after rival company Uber announced a similar deal with OpenAI. The companies ...

Federal law and the policies of both companies prevent drivers from refusing to transport service dogs and their owners, so ...

Uber had approximately $6 billion of cash and approximately $9 billion of debt on its balance sheet of which $500 million is near-term debt tied to the partial redemption of 2027 senior notes. The ...