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Lyft has been cutting fares in order to secure more riders, and it’s working. Bu that success has come with a (literal) cost. The ride-hail company reported Tuesday during its second quarter 2023 earnings an increase in riders and decrease in revenue per active rider. That discrepancy was fueled by a decision by the company to […]

Lyft made less money per active rider in the second quarter — something that might normally give investors pause. Yet, the ride-hailing giant’s stock price initially rocketed nearly 14% in after-hours trading following its Q2 2023 earnings report. The stock then shed its after-hours gains shortly before this story went live. Lyft’s enthusiastic investors seemed […]

Among the fined banks, Wells Fargo faces the steepest penalty at $125 million.

What should startups do when their runway is ending, investors are disappearing, and options for more capital dwindle?

Rivian gained positive momentum in the second-quarter and beat Wall Street expectations as the company ramped up EV sales, narrowed losses, reduced costs and shored up its supply chain. Rivian struck a confident tone in its second-quarter earnings, which was released after markets closed Tuesday, even raising its production guidance for the year from 50,000 […]

Instead of interrogating my little one, media trainer and PR expert, Jessica Abo, took a more curious approach when her 5-year-old cut her hair. Here’s what the lesson can teach us.

Is your email marketing not getting much traction, although you’re working hard on it? Try these tactics to build an email list you can nurture, engage — and monetize.

The new jackpot would exceed the current Mega Millions record of $1.537 billion.

A clothing designer is warning others about what happened to her with one sneaky customer.

Sendy, a Kenyan logistics scale-up that enabled retailers to purchase FMCGs directly from manufacturers, among other services, is shutting down its operations and exploring a sale of its assets, TechCrunch has learned. Meshack Alloys, Sendy co-founder, confirmed the sale to TechCrunch without offering more details, saying: “We are in the middle of an acquisition process. […]