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Lyft sees ride revenues recover by nearly 50% in just three months

Lyft sees ride revenues recover by nearly 50% in just three months Shares of Lyft are riding high, popping more than 7% in after-hours trading today after the American ride-hailing giant reported its Q3 earnings. Lyft, which competes with Uber for rideshare, reported revenues of $499.7 million in third-quarter, a 48% drop […]

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Human Capital: The gig economy in a post-Prop 22 world

Human Capital: The gig economy in a post-Prop 22 world Welcome back to Human Capital and congrats on making it through one of the hardest weeks of the longest year. Now that the Associated Press has called the election in favor of Joe Biden, it should be good news for DEI practitioners, […]

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Shares of Uber, Lyft soar on expected passage of California gig-labor ballot measure

Shares of Uber, Lyft soar on expected passage of California gig-labor ballot measure Shares of American ride-hailing giants Uber and Lyft are sharply higher in pre-market trading this morning on the expected passage of Proposition 22, a California ballot measure that allow tech-enabled, on-demand companies to continue classifying gig-workers as independent contractors. […]

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CA ballot measure that keeps gig workers as independent contractors is projected to pass

CA ballot measure that keeps gig workers as independent contractors is projected to pass Uber, Lyft, Instacart, DoorDash — the major backers of California’s Proposition 22 — are getting their way. The proposition, which will keep gig workers classified as independent contractors, is projected to pass. The Associated Press called the race […]

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Daily Crunch: Uber and Lyft defeated again in court

Daily Crunch: Uber and Lyft defeated again in court A California court weighs in as Prop. 22 looms, Google removes popular apps over data collection practices and the Senate subpoenas Jack Dorsey and Mark Zuckerberg. This is your Daily Crunch for October 23, 2020. The big story: Uber and Lyft defeated again […]

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CA appeals court upholds ruling that Uber and Lyft must classify drivers as employees

CA appeals court upholds ruling that Uber and Lyft must classify drivers as employees Uber and Lyft must classify their drivers as employees, an appellate court ruled yesterday evening. However, the decision will be stayed for 30 days after the court issues the remittitur, which has not happened yet. That means depending […]

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I’m a software engineer at Uber and I’m voting against Prop 22

I’m a software engineer at Uber and I’m voting against Prop 22 Kurt Nelson Contributor Share on Twitter Kurt Nelson is a mobile engineer at Uber based in San Francisco. These are his personal views. I’ve been a software engineer at Uber for two years, and I’ve also been a ride-hail driver. […]

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Human Capital: The battle over the fate of gig workers continues

Human Capital: The battle over the fate of gig workers continues Welcome back to Human Capital, where we unpack the latest in tech labor and diversity and inclusion. This week, we’re looking at the latest developments in the battle over the classification of gig workers, the rise of labor unions in tech […]

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Hear from Lyft, Cruise, Nuro and Aurora about the road ahead for driverless vehicles

Hear from Lyft, Cruise, Nuro and Aurora about the road ahead for driverless vehicles Autonomous vehicles have yet to become mainstream, but companies like Lyft, Cruise, Nuro and Aurora are still fighting the good fight. The AV space has always faced its share of regulatory and development hurdles, but this year brought […]

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Waymo’s Boris Sofman and TuSimple’s Xiaodi Hou to join us at TC Sessions: Mobility 2020

Waymo’s Boris Sofman and TuSimple’s Xiaodi Hou to join us at TC Sessions: Mobility 2020 One of the areas of autonomous driving technology with the most potential to have a near-term and dramatic impact remains trucking: There’s a growing lack of drivers for long-haul routes, and highway trucking remains a relatively uncomplicated […]

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