Lyft gets approval to test self-driving cars on public roads in California

 Lyft is the latest company to be added to the ever-growing list of those permitted to test their self-driving technology on California state public roads. The California Department of Motor Vehicles added Lyft to the list recently (via Axios), following Lyft’s foundation of a self-driving technology development center earlier this year, and its announcement that it would work on both its… Read More

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Uber data breach from 2016 affected 57 million riders and drivers

 Uber faced a data breach in 2016 that affected some 57 million customers, including both riders and drivers, revealing their names, email address and phone numbers. That affected group included 50 million riders and 7 million drivers; around 600,…

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Lyft acquihires the Kamcord team for engineering talent

 Ride hailing provider Lyft has brought in 12 members of the Kamcord team, essentially acquiring its engineering talent, though not any of the broadcast live streaming app’s technologies. The goal of the acquihire is to help build out its transportation service, the Kamcord team said in a Medium post announcing the news. Kamcord had been focused on delivering mobile game streaming, and… Read More

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Unpacking Lyft’s projected financials

 Last Friday, Bloomberg reported a sheaf of Lyft’s financials that paint a reasonably-sharp picture of the ridesharing company’s past and expected business performance. The short version, as you certainly expected, is that Lyft is growing quickly and loses money. The company, as you certainly expected, also expects to keep expanding its revenue while slowing its losses,… Read More

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Crunch Report | Apple could give us a bigger iPhone X, Lyft goes to Canada

 Today’s Stories 

Apple could give us a bigger iPhone X next year
Lyft heads to Toronto, Canada in December, the first city outside the United States
SoftBank might not do the deal with Uber after all

Credits
Written by: Sarah Buhr
Hosted by: Sarah Buhr
Filmed by: Joe Zolnoski
Edited by: John Murillo

Notes:

Tito’s continues his journey out in the Outback this week so… Read More

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Lyft’s first market outside the U.S. will be Canada with a December launch in Toronto

 Lyft is growing beyond its home market of the U.S., with a launch planned next month in Toronto, the largest city in Canada. Residents in the greater Toronto area (and nearby Hamilton will be able to hail vehicles from five of its service options…

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Do cities still want a sharing economy?

 Cities make the sharing economy work, and the urban environment is the critical differentiator for experimentation, change, and scale. In just a few years, the sharing economy has grown from a niche service only found in tech hubs to a larger share of the economic pie — and it has significantly impacted the local economies of cities. Read More

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