Tag: transportation
Lyft is offering lower-cost rides if you’re willing to wait longer
In an attempt to slow the spread of COVID-19 and protect riders and drivers alike, Lyft has paused Shared Rides in all markets. But doing so eliminates its most affordable ride option and could create a financial strain for many users. So today, Lyft… Source
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Spin restarts scooter business in four markets
Spin, the electric scooter startup acquired by Ford in 2019 for nearly $100 million, has restarted operations in four U.S. markets as COVID-19 related closures begin to ease. The company has resumed operations in Orlando, Nashville, Columbus, Ohio and St. Louis. The ramp up of operations will depend on the…
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The Station: Audi punts on Level 3, Lyft layoffs and Nio’s $1 billion deal
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi readers. Welcome back to The Station, a weekly newsletter dedicated to the future (and present) of transportation. I’m your host Kirsten Korosec,…
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Uber drivers and riders will be required to wear face coverings
Uber is planning to require drivers and riders to wear face masks as it prepares to ramp its ride-hailing business back up after being hobbled by the COVID-19 pandemic. CNN was first to report that executives approved a new policy that would require drivers and riders to wear face masks…
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Lyft’s virtual internship gets further slimmed down: less pay, shorter program
Lyft has slimmed down its internship program from 12 weeks to eight weeks, cut some intern salaries by half and rescinded its housing stipend, TechCrunch has learned. The company confirmed that it has shortened the internship and that it only cut some intern salaries. It did not define which roles…
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Uber subsidiary Careem to slash workforce by 31%, suspends bus transport app
Careem, the Dubai-based ride-hailing and delivery company that was acquired by Uber last year, is cutting its workforce by 31% and suspending its mass transportation business due to affects from the COVID-19 pandemic. The layoffs will affect more than 530 employees. Employees who are laid off will receive at least…
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