Lyft

Uber Warns of California Shutdown After Legal Woes

Uber could shut down services in California as early as Friday as the ridesharing company continues to fight the state over a new law that requires its gig economy drivers to be re-classified as employees. The threat of a stoppage comes after Uber posted a whopping $1.8 billion loss during the second quarter as the Chinese coronavirus pandemic continues to take a financial toll on the company.

Uber CEO Dara Khosrowshahi on Wall Street

Bokhari: The Booming ‘Gig Economy’ Is a Plutocrat’s Paradise

In days past, if you were risking your life for low pay, that likely meant you were a soldier. The upside: survival skills, high status, a free college degree, and good benefits. These days, though, you can risk your life for low pay and get none of those benefits, as a member of the pandemic “Gig Economy.”

Instacart CEO Apoorva Mehta

Lyft Laying Off 17% of Employees

Rideshare company Lyft said it is laying off 982 employees, or 17 percent of its workforce, and is furloughing hundreds more due to financial pressure from the Chinese virus pandemic.

FILE - In this Monday, Jan. 26, 2015, file photo, Logan Green, co-founder and chief executive officer of Lyft, displays his company's "glowstache" during a launch event in San Francisco. On Monday, Jan. 4, 2016, General Motors Co. announced it is investing $500 million in ride-sharing company Lyft Inc. GM …

Lyft Forms ‘Safety Advisory Council’ in Response to Sexual Assault of Passengers

Ride-sharing company Lyft is reportedly putting together a council of experts to advise the company on various safety initiatives for passengers. The “Safety Advisory Council” is being formed in response to many problems between drivers and passengers, including the rape and sexual assault of women — 14 rape victims have sued Lyft claiming their drivers sexually assaulted them.

Early this year, Lyft expanded to a hundred more US cities, bringing the total to about 300

Uber, Postmates Sue California to Stop Gig Worker Law

Ride-sharing giant Uber and courier service Postmates have filed a lawsuit aimed at putting the brakes on California’s new law that will reclassify gig workers as employees, potentially burdening tech companies with millions of dollars in new personnel costs.

Uber CEO Dara Khosrowshahi, seen at a New York conference last month, said the ride-hailing service would no longer require arbitration in cases of allegations of sex abuse, allowing victims to speak openly and pursue claims in court

DC Attorney General’s Lawsuit: DoorDash Skimmed Tips

The attorney general of Washington, D.C. has just delivered a lawsuit to DoorDash, alleging that the popular food-delivery company skimmed tips from its drivers and misled customers into thinking that their gratuities would end up in drivers’ pockets.

DoorDash CEO Tony Xu