Page 18 - Rideshare Guy News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Indigo Tech Raises Capital, Adds Leadership, and Announces Partnership to Deliver Ultraefficient EVs News provided by Share this article BOSTON, May 24, 2021 /PRNewswire/ --  Indigo Technologies, a lightweight electric vehicle OEM, founded by MIT professor Ian Hunter, and inventor of the world's first robotic wheel with integrated electric suspension and propulsion, announces the company has closed additional funding, now exceeding $110 million in total capital raised. Finally, the wheel reinvented. The robotic IndiWheel™ is the world’s first all-in-one powertrain with simultaneous in-w...

Originally posted May 04, 2019  The casualisation of work is no aberration of capitalism. It is the logical outcome of a system based on profit. Precarious work is the product of processes within capitalism that Karl Marx described over 150 years ago. In the first volume of his seminal work on economics, Capital, Marx explains how the bosses obtain profit from the exploitation of workers: Capital is dead labour, that, vampire-like, only lives by sucking living labour, and lives the more, the more labour it sucks. The time during which the labourer works, is the time during which the capital...

Uber, Lyft struggle to meet resurgent demand Chris Mills Rodrigo © Getty Images Uber, Lyft struggle to meet resurgent demand Demand for ridesharing services is beginning to pick back up as Americans get vaccinated against coronavirus, but many eager riders are running into the same problem: a lack of drivers. Both Uber and Lyft have acknowledged the mismatch between demand for rides and supply of drivers, which is resulting in longer waits and higher fares for consumers. Uber has announced that it is investing $250 million into bringing back past, and recruiting new, driver...

The pandemic drove Uber and Lyft drivers away. Many are in no rush to get back. Faiz Siddiqui, The Washington Post May 7, 2021 FacebookTwitterEmail Uber and Lyft are facing a supply shortage, as returning and newly vaccinated customers again flood the apps, only to find out there aren't enough drivers to serve them.Getty Images /Alastair Pike SAN FRANCISCO - When the pandemic pushed him to quit driving for Uber, Steve Gregg didn't know he might be done with the ride-hailing apps for good. But he was exhausted from the daily stress of driving, after taking passengers on more than 15,000 trips...

Provided by Dow Jones By Laura Forman The great ride-share recovery is no freeway. Shares of ride-hailing companies fell Wednesday following Lyft's first-quarter report and went even lower after hours on Uber's earnings release that came 24 hours later. Uber said its full ride-share recovery in places like Australia and Hong Kong has been offset to some degree by continued weakness in places like India and Brazil, where Covid-19 case counts remain high. Meanwhile Lyft, which operates the majority of its business in the U.S., says its ride-share ride recovery pea...