Search result for LYFT INC.
TOYOTO TO ACQUIRE LYFT’S SELF DRIVING DIVISION FOR $550 MILLION
Highlights –
- Toyota to acquire Lyft’s self-driving division for $550 million.
- Toyota will make the purchase via its unit engaging in software developments Woven Planet Holdings Inc.
- Toyota is also working with Aurora Innovation ...
CALIFORNIA APPEALS COURT HALTS LOWER COURT ORDER OVER UBER AND LYFT DRIVER-EMPLOYER ISSUE
Highlights –
- California appeals court halts lower court order over Uber and Lyft driver-employer issue.
- Drivers wish to continue working as independent contractors.
- The initial ruling forced the companies to treat their drivers as em...
UBER SACKS 23% OF WORKFORCE AMID COVID-19 CRISIS
Highlights
• Uber Technologies Inc. will sack 6,700 employees
• The newly planned measures are expected to bring in $1 billion in annual cost savings
According to an email sent by Uber Technologies Inc.’s chief executive officer Dara Khosrowshahi to e...