Articles by tag: Lyft

Safety Concerns and a New Federal Law are Challenges Set to Drastically Impact Rideshare and Gig Economy Industries

experts discuss the state of rideshare and gig economy industries

The bustling world of rideshare and gig economy, such as Uber, Lyft, and DoorDash, has allowed convenience to hit the roads. However, safety has emerged as a growing concern. Late last year, a DoorDash driver in Washington D.C., narrowly escaped death after being shot in the back. And it was not an isolated incident…

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Articles
Are Uber & Lyft On the Road to Profit After Q2’s Earnings?

Earnings season is always a mixed bag, and Q2’s reports were no exception. Almost 50% of telecom companies missed their targets for the quarter, while companies like Home Depot, Salesforce and Spotify reported surprising over-performance. For leading rideshare companies, though, early August’s earnings were record-breaking and reframed a long-running narrative of persistently negative cash flow….

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Business Services
Can the Rideshare Business Model Address All of its Accessibility Concerns?

Key Points: Gig work transportation companies like Instacart, Lyft and Doordash have faced several ADA lawsuits for lack of application accessibility for the blind and visually impaired. Increasing accessibility for the blind and visually impaired is an issue facing all mobility providers. Rideshare companies fill a crucial gap in the market that can’t be filled…

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Transportation
Ridesharing Orgs Look to Boost Security around Sensitive Data

Data is everything these days, but it’s also extremely sensitive. In the wrong hands, your personal information can come back to have a powerful negative impact. So, how are ridesharing organizations like Uber and Lyft taking care of that data and boosting their security to ensure breaches don’t occur? MarketScale data guru TC Riley weighed…

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Business Casual
Uber & Lyft Get an AB-5 Update: Business Casual

On this Business Casual segment, hosts Daniel Litwin and Tyler Kern outline how an already struggling ridesharing industry – Uber reports that it’s lost nearly $2 billion over the past three months – is facing a second reckoning. Powered by RedCircle Officially codified in January, California Assembly Bill 5 looks to more equitably classify workers…

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Business Casual
Coronavirus Prompting Big-Box & Gig Job Employers to Tweak Sick-Leave Policies: Business Casual

As the spread of coronavirus continues to spike here in the U.S., both impacting our economy and leaving people sick and/or quarantined for prolonged amounts of time, it’s disconcerting to say the least, that our country has no federal paid sick-leave mandate that ensures affected employees are paid while recovering rather than having to…

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Podcasts
Lyft Gets into the Rental Car Game

Stock prices for Hertz and Avis fell in the wake of the news that rideshare company Lyft would be getting into the rental car game. What ways will Lyft look to innovate in an industry that hasn’t changed in a long time? Daniel Litwin and Tyler Kern take a look at the story and whether or not this will be…

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data-driven tools
Leverage Data-Driven Tools and Local SEO for Maximum Search Engine Rankings
July 26, 2024

As businesses continue to navigate the digital landscape, data-driven tools are more crucial than ever for effective SEO strategies. Understanding and implementing the proper SEO practices can make a significant difference with evolving algorithms and competitive markets. Given that 75% of users never scroll past the first page of search results, this statistic underscores…

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On-device AI
On-Device AI is Today’s Tech Innovation, Competition and Market Leadership Driver
July 26, 2024

On-device AI revolutionizes the tech landscape, making it a critical factor for industry dominance. This cutting-edge technology directly integrates advanced AI capabilities into devices, transforming consumer and enterprise applications. This shift stems from the need for improved performance, reduced latency, enhanced data privacy & security, and personalized user experiences. With advancements in neural processing…

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modern supply chains
The Role of AI in Modern Supply Chains: Insights from Aaron Hatfield at Arvist
July 26, 2024

Artificial intelligence rapidly transforms modern supply chains, with companies like Arvist leading the charge. In a recent episode of Hammer Down, hosted by Mike Bush, Aaron Hatfield, the Head of Sales at Arvist, sheds light on AI’s practical applications and benefits in enhancing supply chain operations. Is AI in the supply chain a double-edged…

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semiconductor manufacturing
Training New Semiconductor Manufacturing Professionals is Key to Meet Coming Domestic Manufacturing Demand
July 26, 2024

Over the past few years, the U.S. has made significant strides in semiconductor manufacturing, driven by substantial investments and strategic policies. With the CHIPS Act expected to triple domestic semiconductor manufacturing capacity by 2032, the need for a skilled workforce is more urgent than ever. This discussion explores the key question: What does the…

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Other Articles
California’s AB 5 and the Legal Battle Ahead: Ratified
November 5, 2019

California Assembly Bill 5 is a piece of legislation that holds massive ramifications for the gig economy, specifically rideshare companies like Uber and Lyft. It was signed into law on September 18, 2019 in an attempt to limit the ability to classify workers as independent contractors rather than employees of a company. Governor Gavin Newsom…

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Business Casual: Is Lyft Keeping Their Drivers in the Dark?
October 28, 2019

A change to the drivers’ app for Lyft has some wondering if the rideshare company is intentionally keeping their drivers in the dark about the way the company is splitting fares. Where there was once a “Ride Pays” section available for drivers to see on the app, there’s now only a link that directs…

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What Does the Future of Mobility in Cities Look Like?
October 11, 2019

Companies like Uber and Lyft have transformed how millions of people maneuver through both rural and urban areas. Ride-sharing apps offer on-demand services that public transit options do not, which has put pressure on cities to find a way to work with the private sector or offer new services themselves. Bob James, VP of Technology…

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Uber and Lyft Hit a Road Block in California
September 11, 2019

It’s official. California’s senate passed AB 5 on Tuesday, a bill that requires business to hire workers as employees rather than independent contractors. The controversial bill is setting new precedents for the gig economy after heated back-and-forths from lawmakers, union representatives, and gig companies like Uber and Lyft. Though the bill is still contingent on…

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Uber to Open a New Office in Dallas
August 29, 2019

Uber recently announced plans to open a new office in Dallas, Tx that will create 3,000 jobs in the area. Sergio Avedian, senior contributor for The Rideshare Guy, retired Wall Street professional with 18 years of experience under his belt, and an expert on the business backends of the rideshare industry, joined Daniel Litwin and…

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