Lyft

Lyft is an app-based ride-sharing service. Founded in 2012, the company has quickly grown to become a major player in the transportation industry. David Risher serves as CEO. Competitors include Uber and traditional taxi services.

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The Briefing

Big Tech's New Layoffs Phase is Underway

By Martin Peers · Apr 23, 2026 5:00pm PDT
We’re in a tech layoff era again—although a more accurate term may be an “employee replacement” phase. Meta Platforms told staff on Thursday it plans to lay off 10% of its staff, or about 8,000 people, next month. (The next few weeks won’t be fun at Meta!) The latest layoffs follow Meta’s cuts of about 2,000 people earlier this year and a spate... We’re in a tech layoff era again—although a more accurate term may be an “employee replacement”...
Elon Musk. Fabrice Coffrini/AFP/Getty Images.
The Briefing

Elon Musk Strikes Unusually Cautious Tone on Tesla Call

By Theo Wayt · Apr 22, 2026 5:00pm PDT · 1 comment
Tesla’s earnings calls are usually freewheeling affairs, with pulsating electronic music and wildly optimistic projections from CEO Elon Musk, who often likes to crack crude jokes and giggle. Today was different. Instead of the typical sci-fi rhapsodies about self-driving vehicles taking over the world and robots solving poverty, Musk spent much... Tesla’s earnings calls are usually freewheeling affairs, with pulsating electronic music and...
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Deep Research

How Tech M&A Is Filling AI Gaps

By The Information Staff · Apr 22, 2026 12:25pm PDT
AI upgrades are a hot spot in technology dealmaking. An analysis by The Information’s Deep Research shows tech companies are leaning on M&A to bolster industry-specific capabilities—and turn AI into products people can actually use. That pattern is playing out across deals of all sizes. SpaceX’s potential $60 billion acquisition of... AI upgrades are a hot spot in technology dealmaking. An analysis by The Information’s Deep...
The Amazon Alexa+ Super Bowl commercial starring Chris Hemsworth. Screenshot via YouTube/Amazon Alexa.
The Briefing

What to Expect from Spotify, Lyft and Pinterest Earnings This Week

By Martin Peers · Feb 8, 2026 3:00pm PST
After the crush of tech news last week, including a big AI-fueled stock sell-off, things might calm down a bit in the next few days. With any luck, we’ll have time to debate which of the tech companies’ Super Bowl ads running Sunday night were the best and which were the worst. My vote for best is the Amazon Alexa spot, by the way, although the... After the crush of tech news last week, including a big AI-fueled stock sell-off, things might...