Tech Stock News
Saturday, January 28, 2023
The California Air Resources Board (CARB) proposes that ridesharing companies should account for 90% of EVs (Electric Vehicles) by 2030. Already, LYFT Inc (NASDAQ:LYFT) and Uber Technologies Inc (NYSE:UBER) set a goal to switch to EVs by 2030. Ridesharing companies demand subsidies The clean air regulators in California proposed a rule that all Lyft […]
Uber Technologies (NYSE:UBER) has said that as offices reopen and people return to work, its employees can choose to work from home but for only two days. Uber adopting hybrid work model Interestingly, from September, Uber will shift its work model to a “hybrid model.” Nikki Krishnamurthy stated in a […]
Lyft Inc. (NASDAQ:LYFT) has unveiled a healthcare program, Lyft Pass for Healthcare, which will allow health care organizations to send patients prepaid passes they can use for rides during doctor’s appointments. Lyft Pass for Healthcare program allows patients to request a ride from the app Megan Callahan, Lyft Healthcare VP […]
An independent arbitrator is pushing Uber Technologies Inc (NYSE:UBER) to pay a blind passenger about $1.1 million about $1.1 million on discrimination claims. The arbitrator discloses that the company’s drivers have, on about 14 occasions, turned down her ride requests. Uber claims to be innocent Uber claims to be innocent, […]
Uber Technologies Inc (NYSE:UBER) and LYFT Inc (NASDAQ:LYFT) have operated independently in terms of how they go about decision-making and other managerial undertakings. However, according to sources, the two businesses will embrace a new approach in the deactivation of drivers. Deactivation data sharing The latest move isn’t the first time […]
The head of the Northern California chapter of the Teamsters union known as Aloise has been trying to bridge the gap between the companies and the labor union. The need to organize the drivers has taken the center-stage in the talks and might strike a deal soon. It was recently […]
Ridesharing company Uber Technologies (NYSE:UBER) has sold its flying taxi business Elevate to electric aircraft company Joby Aviation. The Elevate unit is the second business that the company has sold in a week as it seeks to excise its cash losing business to carve a path to profitability. The sale […]