New York CNN — Lyft and Uber threatened to stop doing business in Minneapolis after the city council adopted a new rule Thursday that would set a minimum…
Read more Lyft and Uber say they will leave Minneapolis if the mayor signs a minimum wage bill for drivers | CNN BusinessReuters — Lyft (LYFT) on Thursday forecast current-quarter revenue below Wall Street estimates, blaming extremely cold weather in some of its major markets and lower prices, especially during…
Read more Lyft shares fall nearly 25% after forecasting revenue below estimates | CNN BusinessCNN — Federal law enforcement officials are investigating a US Navy veteran’s allegation that Rep. George Santos raised money for a lifesaving surgery for his dying dog only…
Read more Federal agents interview veteran who alleges George Santos took thousands from dying dog’s GoFundMe | CNN PoliticsHong Kong Reuters — China will soon launch a state-backed platform for transport which includes services of ride-hailing, cargo trucking, road transport, railway, ferry and flight services, Chinese…
Read more China to launch state-backed transport platform for ride-hailing, trucking | CNN BusinessCNN — A New Jersey woman has been sentenced to three years in state prison for her role in scamming more than $400,000 from GoFundMe donors, by claiming…
Read more Woman sentenced to three years in state prison for collecting $400,000 in viral GoFundMe scam | CNNNew York CNN — Anyone getting paid for their goods and services through apps like Venmo, PayPal or CashApp, or platforms like Etsy and Airbnb, just got a…
Read more IRS delays rule change for people who get paid on Venmo, Etsy, Airbnb and other apps | CNN BusinessNew York CNN — Airbnb on Tuesday said it has found a “meaningful difference” in the booking success rate for users who are perceived to be White compared…
Read more Airbnb finds people have more trouble booking stays if hosts think they are Black | CNN BusinessNew York CNN Business — Ridehailing giant Uber is now offering Las Vegas riders the option on its app to hail a self-driving taxis developed by another company,…
Read more Uber launching self-driving cars in Las Vegas | CNN BusinessCNN — After years of seemingly unstoppable growth, the tech industry is now facing the “ultimate reality check” as it confronts broader economic uncertainty and waves of layoffs,…
Read more Airbnb CEO on the tech downturn: ‘It’s like we’re all in a nightclub and the lights just came on’ | CNN BusinessCNN Business — Lyft on Thursday said it will lay off 13% of its staff, or nearly 700 employees, as it rethinks staffing amid rising inflation and fears…
Read more Lyft to lay off 13% of staff | CNN BusinessCNN — Lyft announced on Monday that Amazon veteran David Risher will join as chief executive next month, and that co-founders Logan Green and John Zimmer will step…
Read more Lyft announces new CEO, says co-founders will step aside from management positions | CNN BusinessCNN — For years, Lyft positioned itself as the “nice guy” in the ride-hailing industry. It let rival Uber do most of the dirty work fighting regulators and…
Read more How Uber left Lyft in the dust | CNN BusinessCNN — Lyft may have a bumpy road ahead to recovery. The ride-hailing company reported revenue of $1 billion for the quarter ending in March, marking a 14%…
Read more Lyft stock plunges nearly 15% on weaker than expected revenue forecast | CNN BusinessCNN — David Risher had a rocky first week at his job. Days after taking over as the new CEO of Lyft (LYFT) last month, Risher announced plans…
Read more How Lyft’s new CEO is ‘copying’ his former boss Jeff Bezos to turn around the company | CNN BusinessHong Kong CNN — One of Southeast Asia’s most well-known female entrepreneurs is to step down from her operational roles at Grab, the ride-hailing giant she helped found…
Read more One of Asia’s top female entrepreneurs is stepping down at Grab, the ride-hailing company she helped found | CNN Business
