Lyft

Uber and Lyft Could Ditch Minneapolis Over $0.51 Wage Hike

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Uber and Lyft threatened to go away Minneapolis after the town council authorised a minimal wage for drivers that might pressure the tech corporations to pay drivers $1.40 per mile and $0.51 per minute throughout rides. The ordinance, which handed the Council 7-5 on Thursday, may nonetheless be vetoed by Minneapolis Mayor Jacob Frey, who … Read more

Lyft co-founder Logan Inexperienced retains board seat regardless of shareholder opposition

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Logan Inexperienced, the co-founder and former CEO of ride-hailing platform Lyft, will stay on the corporate’s board regardless of opposition from some shareholders, in response to preliminary outcomes from the corporate’s annual shareholder assembly Thursday. The SOC Funding Group, a corporation that claims it holds companies and management accountable for irresponsible and unethical company habits, … Read more