Posts filtered by tags: Uber Lyft[x]


 

The CEO of a scooter startup owned by Ford explains why it's a good thing that his employees are unionizing — and how it could help Spin get a leg up on Bird and Lime

Forty workers who manage Spin's fleet of scooters in December voted to unionize.  Even before the decision, the Ford-owned startup had classified the workers as employees instead of independent contractors, giving them access to the associated benefits that come with employment.  In an interview, Spin's founder explained why the investments in training and benefits may help the company win in the long fight against competitors Bird, Lime and more.  Click here for more BI Prime stories. Contra...
Tags: Apple, Lyft, California, San Francisco, Trends, Tesla, Nasa, Ford, Washington Dc, Bird, Silicon Valley, Teamsters, Lime, Poon, Uber Lyft, Euwyn Poon


Co-op helps Uber, Lyft drivers use data to maximize earnings

As we have previously reported, an increasing number of startups are exploring cooperative business models where workers (and sometimes users) are owners in the company. Driver’s Seat, which participated in the first batch of the Start.coop accelerator, is one such example.  Driver’s Seat is designed to help gig workers own and use their data so they can maximize their income. It works by first requiring ride-hail drivers to install an app that educates them about how the co-op collects a...
Tags: Startups, Transportation, Tech, Seat, Gig Economy, Uber Lyft, Cooperative, Start.coop, Driver 's Seat, Hays Witt


There's one word likely to dominate Uber's earnings report. Here's why anxious investors are so keen to hear it. (UBER)

Uber will report its fourth-quarter 2019 earnings on Thursday following the closing bell.  Wall Street expects the ride-hailing giant to remain deeply unprofitable, while slowly shoring up its bottom line.  The industry is quickly becoming more "rational," analysts say, as Uber and Lyft wean customers off coupons and discounts they used to grow over the past decade.  Click here for more BI Prime stories. There's one topic executives at Uber — and even its smaller competitor Lyft — can't seem ...
Tags: Lyft, Uber, US, Trends, Bloomberg, Green, Chicago, United States, Ubs, Dallas, Zomato, Jpmorgan, Uber Lyft, Dara Khosrowshahi, Nelson Chai, Logan Green Lyft


Rationalization is the one word likely to dominate Uber's earnings report. Here's why anxious investors are so keen to hear it. (UBER)

Uber will report its fourth-quarter 2019 earnings on Thursday after the closing bell.  Wall Street expects the ride-hailing giant to remain deeply unprofitable while slowly shoring up its bottom line.  The industry is quickly becoming more "rational," according to analysts, as Uber and Lyft wean customers off coupons and discounts they used to grow over the past decade. Click here for more BI Prime stories. There's one topic executives at Uber — and even its smaller competitor Lyft — can't se...
Tags: Lyft, Uber, Wall Street, US, Trends, Bloomberg, Green, Chicago, Ubs, Dallas, Zomato, Jpmorgan, Uber Lyft, Dara Khosrowshahi, Nelson Chai, Logan Green Lyft


California’s gig-worker law faces push-back, even from some it’s intended to help

Hector Castellanos was on his way to pick up a passenger for Lyft ride-share service in the Bay Area in 2017 when another car slammed into his Toyota Prius. He needed shoulder surgery and couldn’t work for eight months after the accident. But since drivers for Lyft and many other similar services are independent contractors and not employees, Castellanos didn’t have worker’s compensation insurance. With no wages coming in, his daughter had to drop out of college for two semesters to help the fam...
Tags: Lyft, Craigslist, Supreme Court, Abc, California, Court, Los Angeles, Sport, Soccer, Glendale, San Diego, California Supreme Court, Vox Media, Gavin Newsom, Bay Area, Northern California


Airbnb quietly acquired Eliot, an on-demand rental pricing tool, in 2018

Airbnb quietly acquired Eliot, a real-time pricing calculator for rental property owners, in a previously unreported 2018 deal, an Airbnb spokesperson confirmed to Business Insider. Airbnb had already rolled out a similar tool to Eliot in 2015 called "Smart Pricing." Airbnb did not disclose how much it paid for the deal or what it did with Eliot's team or product. Airbnb has acquired more than two dozen startups in its journey toward becoming a public company, which it said it plans to do in...
Tags: Trends, Airbnb, Eliot, Uber Lyft, Tabet, Edouard Tabet


As Airbnb prepares to go public, here are the five things things investors will be focused on

Airbnb announced last September that it plans to go public in 2020 in what will be one of the most highly anticipated IPOs of the year. Founded in 2008, Airbnb has gone from renting out air mattresses to a global travel company last valued by private investors at $31 billion. But after a year of startups failing to impress investors and WeWork's disastrous IPO attempt, Airbnb could face more intense scrutiny. Investors will be paying attention to Airbnb's profits (or losses), marketing ...
Tags: Google, California, Ipo, Trends, New Orleans, Miami, Airbnb, WeWork, Tripadvisor, Brian Chesky, Phocuswright, Rinne, EBITDA, Chesky, Uber Lyft, Mahaney


Tech companies are at the center of a major shift in the relationship between workers, consumers, and businesses — and executives are reacting (GOOG, GOOGL, AMZN, FB, UBER, PWC)

Tech executives' top concerns for 2020 are workforce issues, healthcare, and data privacy, according to a recent survey from PricewaterhouseCoopers. Their priorities reflect how workers and consumers' relationships with tech companies are changing, driven in part by new business models — from digital ads to the sharing economy — that many companies have come to rely on. Google, Facebook, Amazon, Uber, and other tech giants have faced growing criticism — both internally and externally — for thi...
Tags: Google, Amazon, Facebook, Mark Zuckerberg, Europe, New York, Microsoft, California, Trends, Eu, Healthcare, Uber Lyft, Uber and Lyft, Google Facebook Amazon Uber, Alison Kutler, Kutler


Uber's fight against California's new gig-worker law is a legal headwind that's not likely to go away anytime soon (UBER, LYFT)

Uber and Postmates filed a lawsuit Monday opposing California's Assembly Bill 5, which is set to become law on January 1. Thw new rules, which were approved by lawmakers in September, could have disastrous financial effects for Uber, Lyft, and other gig-economy companies who rely on independent contractors.  It's the latest milestone in what's likely to be a lengthy fight between the companies and lawmakers, that could have implications well beyond California.  Follow all of the impacts of AB5...
Tags: Lyft, Labor, California, US, Trends, C, Barclays, The New York Times, A, Ives, Wedbush Securities, Uber Lyft, B, Daniel Ives, California s Assembly Bill


California takes lead on laws affecting gig economy, privacy

By DON THOMPSON SACRAMENTO — California’s long tradition of advancing nation-leading legislation continues into the new year, with laws reining in the gig economy, boosting online privacy and discouraging shootings by police, among other potential trend-setters. The laws have sent businesses including Uber, Lyft and Google scrambling, not to mention President Donald Trump. The state dominated by Democrats has delighted in tweaking the Republican president on immigration and other issues, though ...
Tags: Health, Google, Facebook, Uber, Business, News, Supreme Court, California, Oregon, Uncategorized, California News, Sacramento, America, San Francisco, Sport, Soccer


California's new contractor bill goes into effect this week, taking aim at Uber and Lyft. Here's how it could cause much bigger problems for food-delivery startups.

On Wednesday, a new California law reclassifying part-time 'gig workers' as employees will go into effect after state legislators voted to approve it in September. Assembly Bill 5 was widely opposed by companies like Lyft and Uber, which rely on gig workers for the very core of their businesses. The companies argued that the new law would be detrimental to drivers and customers alike because it would drive up prices of the service and the company would have to scale back on the number of gig...
Tags: Lyft, California, Senate, Trends, Louisiana, Cnbc, Vox Media, Doordash, Gavin Newsom, Assembly, Uber Lyft, Rowland, Jobber, Micah Rowland, Shawn Cadeau, Ribbit Capital and Silicon Valley Bank


California Takes Lead On Laws Affecting Gig Economy, Privacy

SACRAMENTO, Calif. (AP) — California’s long tradition of advancing nation-leading legislation continues into the new year, with laws reining in the gig economy, boosting online privacy and discouraging shootings by police, among other potential trend-setters. The laws have sent businesses including Uber, Lyft and Google scrambling, not to mention President Donald Trump. The state dominated by Democrats has delighted in tweaking the Republican president on immigration and other issues, though leg...
Tags: Google, Facebook, Uber, Supreme Court, California, Oregon, California News, America, San Francisco, Ap, New Jersey, Vaccinations, Rent Control, California Supreme Court, Donald Trump, Gig Economy


In win for Uber, Lyft, judge strikes down New York City's cruising cap

A New York state judge on Monday ruled in favor of Uber Technologies Inc and Lyft Inc in a lawsuit against New York City, striking down a new rule limiting how much time drivers for ride-hailing services can spend cruising streets in busy areas of Manhattan without passengers.
Tags: New York, Finance, New York City, Article, Manhattan, Reuters, Uber Technologies Inc, FBN, Lyft Inc, Uber Lyft, Fbn/markets, Fox-business/industries/auto, Fox-business/organization/uber, Fox-business/organization/lyft, Fox-business/lifestyle/cars, 267aa970-69a4-5487-b9c0-eecef4c008c4


DoorDash, the $12.7 billion food-delivery startup, could make or break tech IPOs in 2020. Early investors explain why they backed the company and its founder. (GRUB)

DoorDash is one of the most valuable private startups and has recently emerged as the leader in the food-delivery industry. It's also reportedly gearing up for a public offering as soon as next year. Early investors in the company aren't shocked by its success. Even when the company was less than a year old, its business plan and management team impressed them and suggested it had a big future ahead of it, they told Business Insider. Click here for more BI Prime stories. Paul Buchheit was wor...
Tags: Amazon, California, Stanford, Softbank, US, Trends, Palo Alto, Canada, Silicon Valley, WeWork, Louisiana, Khosla Ventures, Sv Angel, Business Insider, Paul Buchheit, James Currier


Despite IPO flameouts, 2019 sets record for U.S. unicorn births

Unicorns like Uber, Lyft and Slack may have had disappointing IPOs, but U.S. venture capital firms gave birth to a record number of unicorns in 2019.
Tags: Money, businessNews, Uber Lyft


California Freelance Journalists Sue Over New State Law

SACRAMENTO, Calif. (AP) — Freelance writers and photographers on Tuesday filed the second legal challenge to a broad new California labor law that they say could put some independent journalists out of business. The law taking effect Jan. 1 aims to give wage and benefit protections to people who work as independent contractors. While the public focus has been largely on ride-share companies such as Uber and Lyft, the lawsuit brought by the American Society of Journalists and Authors and the Nati...
Tags: News, California, California News, Los Angeles, Ap, San Diego, California Supreme Court, Vox Media, Gig Economy, Brown, National Press Photographers Association, Sacramento Calif, Pacific Legal Foundation, SB Nation, Uber Lyft, Lorena Gonzalez


3 Trans Rights Organizations to Donate to this Giving Tuesday

Travel blog by Travels of Adam (Hipster Blog) – Travels of Adam (Hipster Blog) - Are you in New York City? I regularly co-host a “Queer Travel Social” event with my friend Ashton (@gayographer) for LGBTQ travelers. Learn more about the Meetup group here, or make sure to join for our next event on Tuesday, December 3. It’s the season of giving! Sure, it’s a great time to save on deals with Black Friday and Cyber Monday, but if you’re looking for an alternative way to spread joy this holiday,...
Tags: Travel, Facebook, New York, White House, New York City, United States, Travel Tips, Ashton, Adam, Julius, Uber Lyft, Sylvia Rivera Law Project, Helvetica Neue Helvetica Arial, Georgia Palatino, Trans Rights Organizations, Ashton @gayographer


Passengers in Lyft and Aptiv's self-driving cars have given their rides an average rating of 4.97 out of 5. A Lyft VP gives 3 reasons why. (LYFT)

Lyft has received enthusiastic feedback from the 75,000 rides it has given in Las Vegas using self-driving cars run by Aptiv's technology. Those passengers have given their rides an average rating of 4.97 points out of five, Taggart Matthiesen, Lyft's vice president of product for autonomous technology, told Business Insider in October. Matthiesen said he thought that rating was higher than the average rating given by riders in Lyft's human-driven vehicles, but a Lyft public-relations employee...
Tags: Lyft, US, Trends, Avis, Belarus, Las Vegas, Bmw, Louisiana, Business Insider, Gett, San Francisco Bay Area, Concord, Mercedes Benz, Uber Lyft, Palo Alto For, Taggart Matthiesen Lyft


The Comfort-Loving Cult of the Lincoln Town Car

Even with the advent of Uber, Lyft and Priuses, a model discontinued in 2011 has its loyalists.
Tags: News, Lincoln, Uber Lyft, Car Services and Livery Cabs, Lincoln Motor Co, Taxicabs and Taxicab Drivers


Morning Headlines: Gannet, GateHouse Shareholders Approve Merger; Browns Brawl Overshadows Win

Here are your morning headlines for Friday, Nov. 15: Gannet, GateHouse shareholders approve merger; Browns brawl overshadows win against Steelers; Governor: Ohio plan to clean Lake Erie will work, take time; Uber, Lyft urge Ohio to resume requiring front license plate; City, county to pay $1.3M to man after conviction overturned; Police find motive in Canton teen shooting; Cleveland finds new headquarters for police station; Gannet, GateHouse approve merger deal Gannet and GateHouse Media shareh...
Tags: Steelers, Ohio, Lake Erie, Cleveland, Gannett, Northeast Ohio, 3m, Browns, Canton, Akron Beacon Journal, Uber Lyft, GateHouse Media, GateHouse, Gannet GateHouse


Uber is set to report 3rd-quarter earnings on Monday. Here's what 6 Wall Street analysts are saying ahead of the report. (UBER)

Uber reports third-quarter results after market close on Monday, November 4.  After Lyft's rosy results, Wall Street is expecting that Uber will have a similarly strong quarter as the competitive landscape cools for both ride-sharing companies Still, analysts caution investors that Uber's post-initial public offering lockup period expires November 6, which could lead to further stock-price volatility. Here's what six analysts said about Uber before earnings.  Watch Uber trade live on Markets I...
Tags: Lyft, Uber, Europe, Wall Street, India, US, Trends, Bloomberg, Raymond James, Wedbush, Davidson, Robinson Humphrey, RBC Capital Markets, Bank of America Merrill Lynch, Tom White, Uber Lyft


Weekly Roundup, Friday 1 November, 2019

Beautiful Bordeaux is a magnificent World Heritage city and a great place for our 2020 French tour to be based in. Good morningI hope your Halloween was happy.  As is usually the case, my long dark driveway proved too difficult for the local children, and so yet again, the major beneficiary of the candy purchased will be my daughter – and perhaps me too.Or maybe this year there just weren’t as many people out due to the much more difficult decision about what costume to wear.  The killjoys hav...
Tags: Travel, Facebook, Lyft, Asia, South Korea, UK, London, Ge, Nbc, France, Scotland, China, Russia, Miscellaneous, Cars, US


A titanic battle over work in California looms

It would be difficult to name an issue of more fundamental, far-reaching importance than how we earn our livings — and a titanic political battle is about to erupt. This week, a coalition of companies that use on-call drivers with their own vehicles to transport passengers and goods — Uber and Lyft most famously — filed an initiative ballot measure to overturn a new, union-supported law that would compel their workers to become payroll employees. That law, Assembly Bill 5, signed by Gov. Gavin N...
Tags: Supreme Court, Abc, California, Opinion, Sacramento, Sport, Soccer, Gavin Newsom, Capitol, Legislature, AB, Dan Walters, Uber Lyft, Newsom, John Kabateck, Dynamex


Delayed spending, fewer promotions, and 'rationalization': How Lyft surprised Wall Street as it continues to gain ground on Uber. (LYFT)

Lyft on Wednesday surprised analysts with a smaller-than-expected loss on Wednesday.  But cutting costs came at a price. The company moved certain major expenses to the fourth quarter, and took a major insurance hit (a business it's considering a partial sale of, executives said.) Still, Lyft could outshine Uber this quarter, thanks to increased "rationalization," a word that industry insiders can't seem to get enough of.  Click here for more BI Prime stories.  There's one word that ride-hail...
Tags: Lyft, Uber, Trends, Tesla, Vancouver, Travelers, Roberts, Wedbush, Davidson, Brian Roberts, Tom White, Uber Lyft, Daniel Ives, Now Lyft, Still Lyft


Uber and Lyft reveal their alternative proposal to California's new gig-economy law (UBER, LYFT)

Uber and Lyft took a major hit in California last month when lawmakers passed Assembly Bill 5, which could dramatically reshape the state's gig-economy.  On Tuesday, a coalition of the companies, as well as drivers and other workers, unveiled a ballot proposal to take their fight to California voters.  The group argues that the new law will strip drivers of the flexibility they value as part of their jobs driving or couriering for the apps. California Gov. Gavin Newsom signed the bill into law...
Tags: Amazon, Lyft, California, New York City, Sacramento, Trends, Barclays, Social Security, Healthcare, Medicare, Gavin Newsom, Uber Lyft, DoorDash Postmates Instacart Uber Lyft, Jermaine Brown


LAX officially ends curbside pickup, moves Uber, Lyft, taxis to new area

LAX is to move the pickup area for both taxi and ride app users away from the terminal curbsides entirely to a new area, dubbed “LAX-it,” just east of Terminal 1.         [Author: USA TODAY]
Tags: Usa, News, Usa Today, Uber Lyft


This is the gig worker ballot initiative Uber, Lyft and DoorDash are backing

A group of Lyft, Uber and DoorDash drivers are announcing a statewide ballot measure for the November 2020 ballot this morning in Sacramento. Called the Protect App-Based Drivers & Services Act — funded by Uber, Lyft and DoorDash — the measure aims to ensure drivers and couriers can continue to be independent contractors with flexible work hours. The ballot measure looks to implement an earnings guarantee of at least 120% of minimum wage while on the job, 30 cents per mile for expenses, a ...
Tags: TC, Transportation, Lyft, Uber, California, Sacramento, Tech, Policy, Doordash, AB, Uber Lyft, Tony West, Greg Epstein, Annette Rivero, Edan Alva


This is the gig worker ballot initiative Uber, Lyft, DoorDash and Instacart are backing

A group of Lyft, Uber and DoorDash drivers are announcing a statewide ballot measure for the November 2020 ballot this morning in Sacramento. Called the Protect App-Based Drivers & Services Act — funded by Uber, Lyft and DoorDash — the measure aims to ensure drivers and couriers can continue to be independent contractors with flexible work hours. The ballot measure looks to implement an earnings guarantee of at least 120% of minimum wage while on the job, 30 cents per mile for expenses, a ...
Tags: TC, Transportation, Lyft, Uber, California, Sacramento, Tech, Policy, Instacart, Doordash, AB, Uber Lyft, Tony West, Greg Epstein, Annette Rivero, Edan Alva


European scooter startup Tier says its big advantage over Silicon Valley rivals is a more efficient use of capital and careful scaling

Electric scooters have proliferated rapidly over the last three years as investors and entrepreneurs look at seemingly climate-friendly options for getting around cities. Silicon Valley firms such as Bird and Lime have raised billions to flood city streets with scooters, but are also facing questions about how long their scooters last, safety, and profitability. European scooter startup Tier is positioning itself against these big US firms, and says its business model is more sustainable than ...
Tags: Europe, UK, London, Germany, Berlin, US, Trends, Nico Rosberg, Chile, Peru, Bird, Silicon Valley, Estonia, WeWork, Uae, Goodwater Capital


California's Assembly Bill 5 drastically affects gig economy companies like Uber and DoorDash. This is what an independent contractor actually is, and how it's classified under the new law.

California lawmakers passed Assembly Bill 5, adopting a narrow definition of independent contractor that could force Uber and other gig economy businesses to choose between reclassifying workers as employees or risking significant liability for misclassification. The move serves as a reminder to businesses to be careful when classifying workers as contractors.  Classifying independent contractors falls into two main categories: the "right to control" test (often called the "IRS test") and the ...
Tags: Lyft, Uber, Abc, California, US, Trends, Irs, Stewart Butterfield, Raleigh North Carolina, Uber Lyft, Assembly Bill, Massachusetts New Jersey, Instead Uber, Wyrick Robbins Yates Ponton LLP, Ann Margius