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Despite a strong January-March performance, Lyft Inc. (LYFT.O) forecast a disappointing second quarter on Thursday, casting doubts on its ride-share turnaround amid competition from...
Wall Street awaits new CEO David Risher’s turnaround strategy as Lyft Inc. (LYFT.O) revenue growth is expected to trail Uber Technologies Inc. (UBER.N) for...
As part of a reorganization strategy geared at rebuilding its core ride-hailing product and increasing revenues, Lyft announced Thursday that it would lay off...
In an email Friday, Lyft’s new CEO David Risher announced a major labor reduction. In addition, Risher said Lyft is revamping to “better meet...
Lyft’s new CEO may eliminate shared rides again to focus on its ride-hailing business and become profitable. Lyft’s new CEO David Risher warned TechCrunch...
Yesterday, Lyft announced that its co-founders, John Zimmer and Logan Green, will step away from running the company but remain on the board. However,...
On Wednesday, August 15th, 2018, NYC Legislators moved to limit the number of new Uber and Ride Service licenses that can be approved within...
In Chicago’s Martin Luther King Drive, a rendering created by The Driverless City Project and Illinois Institute of Technology, the traditional asphalt layout of...
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