Lyft

Massachusetts examines Uber and Lyft over disability access

Massachusetts examines Uber and Lyft over disability access

It has been reported that an examination has been launched by the Massachusetts attorney general’s office into catering of Uber and Lyft to people having disabilities. It could lead to more regulatory issues for the ride-hailing companies.

Both the companies have been accused of refusing service to the disabled people. The Massachusetts investigation could be for the first time, when a state attorney general is looking into the matter.

Lyft to Pay $300,000 to Settle San-Francisco Case

Lyft to Pay $300,000 to Settle San-Francisco Case

Lyft, the San-Francisco based transportation network company, will be paying $300,000 to settle allegations that it violated state laws.

The state’s attorney general's office sued Lyft last summer for operating in the state without requiring its drivers to have commercial licenses or proper insurance.

As part of the settlement, Lyft has agreed to follow vehicle-for-hire laws in the state, Attorney General Eric Schneiderman's office said Thursday.

The company said in a statement that its drivers are ordinary people who agree to a background check and use their personal cars to pick up Lyft customers.

According to the state’s rule, Lyft cannot start providing services in that manner since the state requires the drivers to have a commercial license and insurance.

Carl Icahn takes $100 Million Stake in ride-sharing service Lyft

Carl Icahn takes $100 Million Stake in ride-sharing service Lyft

Providing a big boost to ride-sharing company Lyft Inc.'s expansion plans, activist investor Carl Icahn-led Icahn Enterprises LP has bought a stake in the company by investing $100 million.

In an unusual move, activist investor Carl Icahn's Icahn Enterprises LP has made a $100 million investment in Lyft Inc. This move has added momentum to the ride-sharing company's rapid expansion but left its cash pile far behind rival Uber.

Icahn has joined a long list of backers for the three-year old startup, including Andreessen Horowitz, New York-based technology hedge-fund Coatue Management, Chinese e-commerce giant Alibaba (BABA.N), and hedge fund Third Point Management.

Santa Monica Law Firm files Lawsuit against Lyft

Santa Monica Law Firm files Lawsuit against Lyft

A Santa Monica law firm filed a lawsuit against the ride service company Lyft late last week. The 22-page long complaint claims that the company failed to pay the promised bonuses to its new drivers and to the people who recruited them.

This lawsuit includes a recent promotion by Lyft that promised a $1,000 bonus to drivers in 15 major US cities they recruited by March 5.

The company sent an email to applicants on March 4 saying that some of the drivers might not qualify for the promotion because a background check could not be completed in time.

Attorney R. Rex Parris in a press release said, "Lyft took drivers for a ride by not providing timely background checks for new drivers making it impossible for them to give their first ride by the deadline imposed by Lyft".

Lyft and Uber to continue operations in Los Angeles

Lyft and Uber to continue operations in Los AngelesLyft and Uber have indicated that they will continue to provide their ridesharing service in Los Angeles even after the city's authorities have ordered the two companies to stop their services.

The Los Angeles Transportation Department has sent cease-and-desist letters to the two companies on Monday. The authority has said that the two companies as well as Sidecar do not have permits or licenses to operate and are violating the city's municipal laws. The companies are allowing users to request ride using their smartphone apps.




Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate


Syndicate content