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An earnings typo sent Lyft's stock price into the stratosphere
A typo in an earnings report made Lyft’s stock price rise by up to 70 percent, before settling down to within the normal range. The company’s CEO has taken the blame for the incident.
Uber raises its minimum age for California drivers to 25
Uber has raised its minimum driver age in California to 25, up from 21, as initially reported by The Associated Press. The company allegedly changed the policy because of climbing commercial auto insurance costs in the state. However, it only affects new signups; drivers already approved before Wednesday will remain eligible.
Uber adds 14 new cities to its EV rideshare service
Uber announced today that it’s adding 14 new markets to Comfort Electric, its EV rideshare service. It’s another step forward in the company’s pledge to reduce environmental impact and phase out gas-powered vehicles by 2030.
Court temporarily blocks NYC Uber drivers' scheduled pay raise
A judge temporarily halted NYC Uber drivers' scheduled pay raise.
Lyft’s latest EV incentives include an earnings bonus for California drivers
Lyft has announced a new set of incentives to encourage drivers to switch to an electric vehicle.
Uber files lawsuit to block NYC driver pay increase
NYC Uber and Lyft drivers were supposed to get a pay increase starting on December 19th, but now the former filed a lawsuit to block the new rates from taking effect.
Waze shuts down its carpool service due to fewer commuters
Waze shuts down carpool service due to pandemic
Uber will bring back shared rides to nine US cities this summer
The company has relaunched its carpooling service after a two-year hiatus.
Bird is reportedly laying off almost a quarter of its staff
Bird, the rental service for electric scooters, is one of the latest companies in the tech industry to lay off quite a big percentage of its workforce.
Uber is ditching the 'split fare' feature in April
But it's not gone forever.
Arrival offers an early look at its first electric car
Arrival's first car is designed for rideshare drivers.
Uber's audio recording safety feature is coming to the US
Other new measures include audible seat belt alerts and RideCheck enhancements.
Uber, PayPal and Walgreens set up a Vaccine Access Fund
Anyone can donate and help to cover the cost of rides to COVID-19 vaccination sites.
SpaceX launches a record 143 satellites into orbit
SpaceX has successfully launched a record 143 satellites into orbit in its first SmallSat Rideshare Program mission.
Lyft settles with Justice Department over disability lawsuit
Lyft has settled with the Justice Department in a lawsuit alleging the company discriminated against customers with disabilities. Now, drivers will be required to help fold and stow wheelchairs and walkers for customers. The rideshare company has also been ordered to educate its drivers as well as pay complainants and a $40,000 civil penalty.
Lyft commits to all electric vehicles by 2030
Lyft has announced the rideshare company will transition to 100 percent electric vehicles (EV) by 2030. The change will affect drivers’ personal cars and vehicles in every other Lyft program.
Lyft will deliver essential items for governments and businesses
To help meet an increased need for deliveries and provide its drivers with work, Lyft is launching a pilot program in which government agencies, nonprofits, businesses and healthcare organizations can request on-demand deliveries via Lyft drivers.
Uber's app update offers message translations and makes pickups clearer
Uber is introducing a couple of new features designed to make ride pickups easier for both drivers and passengers. Firstly, the app interface has had a refresh to put more focus and transparency on ride arrival status, and secondly, a new translation tool has arrived, making it easier for riders to communicate with drivers that don't speak their language.
Uber passengers in California can 'favorite' drivers
Uber is getting some new features in California. While the favorite driver option has been live in the UK for some time, passengers in CA will, from early 2020, have the option to bookmark drivers they'd like to ride with again. Drivers will also now be given more trip information upfront -- such as a passenger's ultimate destination -- allowing them to make more informed decisions about the rides they accept. Finally, drivers will be able to accept only the trips they want to take without it affecting their Uber Pro status.
Uber reportedly tells its staff not to disclose potential crimes
Uber has faced numerous sexual assault charges against its drivers in its time, but has repeatedly assured its users that it's taking steps to strengthen security for riders. Now, The Washington Post has revealed that despite these measures, Uber's customer service department is reportedly skewed in favor of the company, no matter how serious the complaints -- the majority of which involve sexual assault.
