Lyft

Lyft, Inc. is a ridesharing company based in San Francisco, California and operating in 640 cities in the United States and 9 cities in Canada. It develops, markets, and operates the Lyft mobile app, offering car rides, scooters, and a bicycle-sharing system.

(source: lyft.com)

Lyft Highlights Improving July Figures After Q2 Ridership Plunges
Lyft Highlights Improving July Figures After Q2 Ridership Plunges
August 12, 2020  |  Earnings

Ride-hailing firm Lyft said Wednesday (Aug. 12) that its active ridership plunged 60 percent year over year during Q2 due to the coronavirus pandemic, but...

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What Uber And Lyft’s Court Loss Means For The Gig Economy’s Future
What Uber And Lyft’s Court Loss Means For The Gig Economy’s Future
August 12, 2020  |  Ridesharing

A California judge this week ordered Uber and Lyft to stop classifying their workers as independent contractors and start classifying them as employees, an order the...

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California Attorney General Says Uber, Lyft’s Tradeoff Between Flexibility And Benefits A ‘False Choice’
California Attorney General Says Uber, Lyft’s Tradeoff Between Flexibility And Benefits A ‘False Choice’
August 11, 2020  |  Gig Economy

The California judge who ruled that Uber and Lyft have to classify their workers as employees reportedly “saw straight through” the “bogus argument” that the...

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Today In Payments: Facebook Forms Facebook Financial For eCommerce; Execs Vow To Hire 100K Low-Income Minorities
Today In Payments: Facebook Forms Facebook Financial For eCommerce; Execs Vow To Hire 100K Low-Income...
August 11, 2020  |  News

In today’s top news, Facebook launched Facebook Financial to run the company’s eCommerce and payments projects, and more than two dozen top executives have pledged...

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Is There A ‘Third Way’ For Uber and Other Gig-Economy Firms To Classify Workers?
Is There A ‘Third Way’ For Uber and Other Gig-Economy Firms To Classify Workers?
August 11, 2020  |  Gig Economy

For gig-economy companies, is it time to make way for the third way? As reported Monday, Uber CEO Dara Khosrowshahi wrote in a New York Times op/ed...

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California Judge: Uber, Lyft Can’t Call Drivers Contractors
California Judge: Uber, Lyft Can’t Call Drivers Contractors
August 10, 2020  |  Legal

A California judge has passed an injunction to force Uber and Lyft to stop classifying their workers as independent contractors rather than employees, CNBC reported....

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Uber, Lyft Face California Lawsuit Alleging ‘Systematic Wage Theft’
Uber, Lyft Face California Lawsuit Alleging ‘Systematic Wage Theft’
August 06, 2020  |  Legal

Already reeling from the coronavirus, Uber’s and Lyft’s fortunes now face another big hit as California’s top labor official takes the ridesharing services to court...

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Deep Dive: Adapting Worker Payments To The On-Demand Era
Deep Dive: Adapting Worker Payments To The On-Demand Era
August 03, 2020  |  Faster Payments

Some accounts say Roman soldiers were periodically paid for their labors in salt, and while compensation methods have evolved considerably since then, the concept of...

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NY Federal Judge Orders Unemployment Payouts For Uber, Lyft Drivers
NY Federal Judge Orders Unemployment Payouts For Uber, Lyft Drivers
July 28, 2020  |  Ridesharing

New Yorkers may soon see a lot of smiles on the faces of Uber and Lyft drivers following a judge’s ruling on Tuesday (July 28)...

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