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Uber Reports Record Ridership and Second Straight Quarterly ProfitRevenue was up 11 percent from a year earlier, helping to generate $221 million in net income. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kellen Browning
Uber Reports Record Ridership and Second Straight Quarterly Profit Read More »
San Francisco Officials Hesitant to Expand Driverless Car ServicesLocal officials are worried that state regulators are too eager about a plan by the companies Cruise and Waymo to offer round-the-clock driverless taxi services. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Yiwen Lu
San Francisco Officials Hesitant to Expand Driverless Car Services Read More »
Uber Posts 14% Rise in Revenue as Growth SlowsThe company’s growth decelerated as the rebound from the pandemic normalized and its freight business declined. It also swung to a profit. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Yiwen Lu
Uber Posts 14% Rise in Revenue as Growth Slows Read More »
Minnesota Governor Vetoes Gig Worker Pay BillGov. Tim Walz said the legislation would have raised costs for ordering an Uber or Lyft too high, potentially pricing out Minnesota customers.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kellen Browning Powered by WPeMatico
Minnesota Governor Vetoes Gig Worker Pay Bill Read More »
Uber’s Revenue Up 29% as U.S. Ride-Hailing Business ImprovesThe company said its financial results in the most recent quarter were about in line with the expectations of investors.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kellen Browning Powered by WPeMatico
Uber’s Revenue Up 29% as U.S. Ride-Hailing Business Improves Read More »
Lyft Employees Told to Return to Office as New C.E.O. Lays Out VisionA day after nearly 1,100 people were laid off, the struggling company told its remaining workers to prepare for a series of changes.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kellen Browning Powered by WPeMatico
Lyft Employees Told to Return to Office as New C.E.O. Lays Out Vision Read More »
Lyft Will Lay Off About 1,200 People as It Looks to Cut CostsThe cuts come as the company tries to lower prices and remain competitive with Uber, its larger rival.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kellen Browning Powered by WPeMatico
Lyft Will Lay Off About 1,200 People as It Looks to Cut Costs Read More »
Lyft Co-Founders to Resign; David Risher Is Named CEOLyft has been slow to bounce back from early pandemic problems even as the business of its much bigger rival, Uber, has improved.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kellen Browning Powered by WPeMatico
Lyft Co-Founders to Resign; David Risher Is Named CEO Read More »
Lyft’s Financial Woes Thrust It Into the SpotlightLyft recovered from pandemic restrictions slower than Uber, and critics said it lacked the kind of ambitious investments that could distinguish itself from its rival.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kellen Browning Powered by WPeMatico
Lyft’s Financial Woes Thrust It Into the Spotlight Read More »
Uber’s Revenue Is Up 72 Percent From Last Year, but It Posts a LossThe company had strong revenue growth but lost money in part because of its investments in other ride-hailing businesses.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Kalley Huang Powered by WPeMatico
Uber’s Revenue Is Up 72 Percent From Last Year, but It Posts a Loss Read More »