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Why Lyft Backs Prop 30

Lyft Co-Founder and President John Zimmer joins Emily Chang after its earnings report showing weaker-than-expected growth in riders. He also discusses the company’s second round of layoffs of the year, and shares his thoughts on Proposition 30 in California. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of…

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Lyft Co-Founder and President John Zimmer joins Emily Chang after its earnings report showing weaker-than-expected growth in riders. He also discusses the company’s second round of layoffs of the year, and shares his thoughts on Proposition 30 in California.
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Hurtling around a race track outside Beijing, Xiaomi’s SU7 Ultra is as disconcerting as it’s quick. The company is preparing its expansion abroad, where it could pose a threat in the EV market.
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