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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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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panasonic pt-rq18 laser projectors
Rentex Welcomes the Powerful Panasonic PT-RQ18 Laser Projectors!
June 23, 2024

More Panasonic PT-RQ18 laser projectors with cages have just arrived at Rentex. As the exclusive subrental provider of the RQ18, Rentex offers this state-of-the-art projector, known for its 16,000 lumens at 208v and 15,000 lumens at 110v. The PT-RQ18 is the smallest and lightest 16,000 lm 3-Chip DLP™ 4K projector in its class, delivering unparalleled…

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DMX Controllers
Rentex Unveils Jands DMX Controllers and Cases for Rental!
June 23, 2024

Rentex has just added the cutting-edge Jands DMX controllers and sturdy cases to their rental lineup. These high-performance controllers deliver precise lighting control, perfect for making any event unforgettable. The durable cases ensure your gear stays protected, ready to perform wherever your gig takes you. Rentex continues to provide top-tier AV equipment for all professional…

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panasonic th-55eq2 4k monitors
Panasonic TH-55EQ2 4K Monitor Gets the Royal Treatment!
June 22, 2024

One of the Panasonic TH-55EQ2 4K monitors is currently undergoing a meticulous quality check at Rentex. This 55″ professional display features 4K Ultra HD resolution, ensuring stunning image clarity and color accuracy. The Rentex team ensures the monitor meets all performance standards and is in perfect condition for its next rental. This process underscores Rentex’s…

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panasonic uc4000 4k eng camera
Panasonic UC4000 4K ENG Camera: QC, Process, and Storage
June 22, 2024

The Rentex team is conducting a thorough quality check on the Panasonic UC4000 4K ENG Camera, ensuring it meets our high standards. This comprehensive process includes checking for any necessary repairs and optimizing the camera’s performance. Once maintenance is complete, the camera will be meticulously stored, ready for its next rental. Rentex’s commitment to quality…

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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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