Tag - lyft

 
 

LYFT

Japan Times
BUSINESS / Tech
Aug 16, 2022
Peloton, Calm and LinkedIn add to growing list of tech layoffs
According to Layoffs.fyi, a website tracking job cuts at startups and recently public companies, more than 37,000 positions were eliminated at 467 firms globally in the second quarter.
Japan Times
BUSINESS / Companies
Jul 29, 2020
Uber and Lyft drivers win unemployment insurance payments in New York
A federal judge ruled Tuesday that New York Department of Labor was taking too long to make payments, citing a backlog of claims by the ride-share drivers.
Japan Times
BUSINESS / Companies
Aug 8, 2019
Japan's Rakuten swings to quarterly loss on Lyft and mobile service
Rakuten Inc. reported an unexpected quarterly loss Thursday, hit by the depressed value of its investment in ride-hailing firm Lyft Inc. and heavy spending on a new wireless service.
Japan Times
BUSINESS / Companies
Jun 21, 2019
Slack valuation hits $21 billion in debut after firm shuns IPO
While a parade of initial public offerings from Silicon Valley have garnered mixed receptions from investors so far this year, Slack Technologies Inc. took a different route Thursday and saw its shares soar as it went public without an IPO.
Japan Times
BUSINESS
May 13, 2019
All eyes on Uber's second day of trading after debut flop amid Trump trade war and Lyft's drag
Uber's bruised investors have had the weekend to prep for what looks like a rough Monday for markets, partly because the escalation of President Donald Trump's tariff spat with China is set to hammer sentiment.
Japan Times
BUSINESS / Companies
May 11, 2019
Weak Uber market debut augurs poorly for other Silicon Valley unicorns
Uber Technologies Inc.'s conservative initial public offering could not keep its shares from sinking in their trading debut on Friday, fueling debate on Wall Street over whether the outcome of the most anticipated listing since Facebook would weigh on other Silicon Valley unicorns.
Japan Times
BUSINESS / Companies
Mar 25, 2019
Uber reportedly poised to declare $3.1 billion deal to acquire Mideast rival Careem this week
Uber Technologies Inc. will announce a $3.1 billion cash-and-shares deal to acquire its Dubai-based rival Careem Networks FZ as early as this week, according to sources with knowledge of the matter.
Japan Times
BUSINESS / Markets
Mar 2, 2019
Rakuten's Hiroshi Mikitani set to be big winner in Lyft's impending initial public offering
A Japanese retail billionaire, rather than a Silicon Valley wunderkind, is the biggest beneficiary of Lyft Inc.'s impending initial public offering.
Japan Times
BUSINESS
Aug 9, 2018
New York City votes to cap Uber and Lyft vehicle licenses amid explosive growth
The New York City Council on Wednesday agreed to cap the number of licenses for ride-hailing services such as Uber for one year, dealing a blow to the companies that have relied on the largest U.S. metro area for a major source of their revenue.
BUSINESS
May 30, 2018
San Francisco subpoenas Uber and Lyft over how they classify drivers, with eye to boosting their status
San Francisco's city attorney has subpoenaed Uber Technologies Inc. and Lyft Inc. to turn over records relating to how the ride-hailing firms classify drivers, as well as driver wages, health care and other benefits in the latest probe in the city's year-long investigation into the companies.
Japan Times
BUSINESS
Apr 11, 2018
U.S. ride-hailing provider Lyft considers offering services in Japan
U.S. ride-hailing firm Lyft Inc. is considering providing its services in Japan, a market where rival Uber Technologies Inc. has so far seen limited success due to regulatory hurdles.
Japan Times
BUSINESS / Tech
Mar 28, 2018
Lyft co-founder: Fatal crash of autonomous Uber taxi should have been prevented
The co-founder of ride hailing company Lyft Inc. said on Tuesday a fatal collision in which an Uber Technologies Inc. self-driving vehicle struck a pedestrian could have been prevented.
Japan Times
BUSINESS / Tech
Nov 21, 2017
Volvo looks to supply Uber with up to 24,000 self-driving cars
Uber plans to buy up to 24,000 self-driving cars from Volvo, marking the transition of the U.S. firm from an app used to summon a taxi to the owner and operator of a fleet of cars.
Japan Times
BUSINESS / Companies
Jan 5, 2016
Detroit-Silicon Valley crossover: GM antes up $500 million to forge self-driving car partnership with Lyft
General Motors Inc. and Lyft Inc. on Monday set out plans to develop an on-demand network of self-driving cars as the U.S. No. 1 automaker announced it would put $500 million into the ride-sharing service's latest $1 billion fundraising round.

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