Lyft might once again drop its shared rides offering, just one of several changes the company’s newly appointed CEO could make in a bid to focus on its core ride-hailing business and become profitable. David Risher, who is taking over as Lyft’s CEO in mid-April, told TechCrunch in a wide-ranging interview that other features may…
Online used vehicle retailer Shift Technologies cut its workforce by 30% in the first quarter as the company sought to reduce costs and eliminate duplicate positions following its merger with CarLotz, CEO Jeff Clementz said during an earnings call. The layoffs came as the company saw its revenue plummet in the fourth quarter and its…
Workers are being bombarded with data from a variety of sources. If the point is to make people more productive, as the volume increases, the more difficult it is to find the information you need to do your job. AI thrives in large data environments and can help cut through the noise, move across applications,…
As of this writing, more than 1,100 signatories, including Elon Musk, Steve Wozniak, and Tristan Harris of the Center for Humane Technology, have signed an open letter that calls on “all AI labs to immediately pause for at least 6 months the training of AI systems more powerful than GPT-4.” Says the letter: Contemporary AI…
Yesterday, the ride-sharing company Lyft said its two co-founders, John Zimmer and Logan Green, are stepping down from managing the company’s day-to-day operations, though they are retaining their board seats. According to a related regulatory filing, they actually need to hang around as “service providers” to receive their original equity award agreements. (If Lyft is sold…
Sophie Alcorn Contributor Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Ask Sophie: Which visas will allow…
The Turntable wars were one of the more fascinating stories to emerge in 2021 startup land (though I suspect those involved might dispute the matter). After years away, the beloved but bygone collaborative music streaming service returned for a population that had been stuck inside for a year thanks to a global pandemic. Things got…
GitHub, the popular developer platform, has laid off virtually its entire engineering team in India in an unusual move as the Microsoft-owned firm cuts its expenses amid the weakening global market conditions. The developer firm has eliminated over 100 jobs in the South Asian market, a person familiar with the matter said. GitHub informed the…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Happy Monday Crunch, our Crunch-a-licious friends! Our favorite part of Lorenzo’s excellent piece on how the feds busted a cybercrime forum: “In a spectacular snafu on the hacker’s part . . .…
Late last week, Turo, a startup that allows consumers to rent their cars to one another, updated its IPO filing to include full-year data from 2022, giving us a better understanding of its post-COVID performance. Turo, a venture-backed company that has raised hundreds of millions while private, filed privately to go public back in 2021.…
