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Lime renews vows with Uber ahead of busy summer season

Lime renews vows with Uber ahead of busy summer season

Lime, the shared scooter and bike company, is getting ready for another busy summer by cozying up to one of its biggest supporters, Uber.

The two companies recently signed a new multiyear agreement that allows Uber to continue to feature Lime’s shared bikes and scooters on its ridehail app. As part of the deal, Lime’s rented bikes and scooters will continue to appear in Uber’s app in the markets in which they overlap, including the US, Canada, Europe, Australia and New Zealand. The previous agreement was set to expire later this year.

“We’re pleased to extend this fruitful relationship into the future so riders can discover and quickly book Lime on the Uber platform,” said Wayne Ting, CEO of Lime, in a statement. “Working with Uber has allowed us to reach even more people and provide more riders with shared, affordable, emissions-free transportation through one of the largest transportation platforms in the world. This deal further solidifies Lime as the go-to option for two-wheeled travel in cities.”

Uber also recently announced that Lime would be included as part of its Uber One subscription members, offering 10 percent cash back on all Lime rides.

As part of the deal, Lime’s rented bikes and scooters will continue to appear in Uber’s app

Uber and Lime first came together during the height of the scooter boom in 2018, with the ridehail giant joining a $335 million round of financing led by Alphabet’s venture arm, GV. That was the first time Lime’s bikes and scooters became available for rent on Uber’s app. During the covid pandemic, Uber threw a crucial lifeline to Lime, investing $170 million in the company in exchange for Lime acquiring Uber’s Jump bike and scooter business. Today, Uber holds a 29 percent stake in Lime.

And as the pandemic progressed, the deal positioned Lime to pull ahead of many of its struggling rivals. As other companies floundered, Lime scootered past all the mergers and bankruptcies, and now presents itself as the leading shared micromobility company in the world. Earlier this year, the company published its 2024 financial results, in which it touted a fourth consecutive year of over 30 percent growth, second consecutive year of positive free cash flow, and $810 million in gross bookings.

And as the summer busy season approaches, Lime is setting its sight on new markets. The company recently launched in Barcelona, and later this year plans on expanding into Mexico. Its also continuing to scale its latest vehicles, the LimeBike and pedal-less LimeGlider, with launches in nearly a dozen cities over the past two months. Of the two new bikes, Lime says it plans to reach a fleet of more than 15,000 deployed vehicles globally in 2025. (The Glider is only available in North America, as the EU requires that throttle-only e-bikes be classified as mopeds.)

Lime’s bullishness on its business comes as the company recently hit a new record for daily ridership, surpassing 1 million rides in a single day on May 31st — and then again on June 1st. Lime says riders also recently exceeded 10 billion minutes using the platform, across more than 800 million individual trips since Lime’s service began in 2017.

Lime’s decision to continue partnering with Uber comes as the ridehail company’s main rival, Lyft, hikes the prices of its main bikeshare service, Citi Bike in New York. Lyft had been exploring a possible sale of Citi Bike, but now says it plans on expanding the service in the outer boroughs later this year.

Uber says its deal with Lime helps get it closer to its goal to be a zero-emission platform by 2040. “Lime has been an impactful partner in our efforts to make transportation easier, more affordable, and more sustainable,” Dara Khosrowshahi, CEO of Uber, said in a statement. With widespread global use through Uber in over 200 cities, this next chapter is about scaling up together—and giving riders even more ways to get where they’re going without owning a car.”

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Nearly four years after the last version of Sennheiser’s Momentum headphones debuted with a redesign that traded a retro aesthetic for a more contemporary and comfortable design, the company has announced its Momentum 5 Wireless headphones. They look very similar to their predecessors, the Momentum 4, with large ear cups and a design that doesn’t quite stand out from the competition. But under the hood there are welcome upgrades, including improved ANC and, for the first time, a user-replaceable battery to extend their life.

The Momentum 5 Wireless will be available starting on June 30th for $399.99, a $50 price bump over the Momentum 4. The headphones feature the same 42mm drivers as the Momentum 3 and 4 models, but Sennheiser is introducing “Hi-Res Audio certification” and expanding the Momentum 5’s Bluetooth codec support to include AptX Lossless. That allows the headphones to stream 16-bit/44.1kHz CD-quality sound, but only from devices with a Qualcomm processor supporting that codec through the Snapdragon Sound platform. Smartphones from Sony and Motorola should be compatible, however Samsung, Google, and Apple devices won’t be.

Sennheiser has also doubled the number of microphones on the Momentum 5, which now feature four on each side to improve noise cancellation. The company claims its latest headphones are up to three times more effective at reducing the sound of voice chatter and the drone experienced in airplane cabins. The upgraded ANC and added mics also help improve call quality, both when it comes to picking up your voice and ensuring you can hear the person you’re talking to.

The Momentum 5’s battery life lasts up to 57 hours. It’s a small hit from the Momentum 4’s 60 hours, but still nearly double what you’ll get from the Sony WH-1000XM6, which can only muster up to 30 hours with ANC turned on. Other Momentum 5 upgrades include a new carrying case that’s 20 percent smaller, support for Dolby Atmos and spatial audio with head tracking, and the ability to upgrade from Bluetooth 5.4 to Bluetooth 6.0 with a future firmware update, although Sennheiser didn’t share a timeline for that.

#Sennheisers #Momentum #headphones #upgraded #ANC #replaceable #batteryAudio,Gadgets,Headphones,News,Tech">Sennheiser’s new Momentum 5 headphones have upgraded ANC and a replaceable batteryNearly four years after the last version of Sennheiser’s Momentum headphones debuted with a redesign that traded a retro aesthetic for a more contemporary and comfortable design, the company has announced its Momentum 5 Wireless headphones. They look very similar to their predecessors, the Momentum 4, with large ear cups and a design that doesn’t quite stand out from the competition. But under the hood there are welcome upgrades, including improved ANC and, for the first time, a user-replaceable battery to extend their life.The Momentum 5 Wireless will be available starting on June 30th for 9.99, a  price bump over the Momentum 4. The headphones feature the same 42mm drivers as the Momentum 3 and 4 models, but Sennheiser is introducing “Hi-Res Audio certification” and expanding the Momentum 5’s Bluetooth codec support to include AptX Lossless. That allows the headphones to stream 16-bit/44.1kHz CD-quality sound, but only from devices with a Qualcomm processor supporting that codec through the Snapdragon Sound platform. Smartphones from Sony and Motorola should be compatible, however Samsung, Google, and Apple devices won’t be.Sennheiser has also doubled the number of microphones on the Momentum 5, which now feature four on each side to improve noise cancellation. The company claims its latest headphones are up to three times more effective at reducing the sound of voice chatter and the drone experienced in airplane cabins. The upgraded ANC and added mics also help improve call quality, both when it comes to picking up your voice and ensuring you can hear the person you’re talking to.The Momentum 5’s battery life lasts up to 57 hours. It’s a small hit from the Momentum 4’s 60 hours, but still nearly double what you’ll get from the Sony WH-1000XM6, which can only muster up to 30 hours with ANC turned on. Other Momentum 5 upgrades include a new carrying case that’s 20 percent smaller, support for Dolby Atmos and spatial audio with head tracking, and the ability to upgrade from Bluetooth 5.4 to Bluetooth 6.0 with a future firmware update, although Sennheiser didn’t share a timeline for that.#Sennheisers #Momentum #headphones #upgraded #ANC #replaceable #batteryAudio,Gadgets,Headphones,News,Tech

Sennheiser’s Momentum headphones debuted with a redesign that traded a retro aesthetic for a more contemporary and comfortable design, the company has announced its Momentum 5 Wireless headphones. They look very similar to their predecessors, the Momentum 4, with large ear cups and a design that doesn’t quite stand out from the competition. But under the hood there are welcome upgrades, including improved ANC and, for the first time, a user-replaceable battery to extend their life.

The Momentum 5 Wireless will be available starting on June 30th for $399.99, a $50 price bump over the Momentum 4. The headphones feature the same 42mm drivers as the Momentum 3 and 4 models, but Sennheiser is introducing “Hi-Res Audio certification” and expanding the Momentum 5’s Bluetooth codec support to include AptX Lossless. That allows the headphones to stream 16-bit/44.1kHz CD-quality sound, but only from devices with a Qualcomm processor supporting that codec through the Snapdragon Sound platform. Smartphones from Sony and Motorola should be compatible, however Samsung, Google, and Apple devices won’t be.

Sennheiser has also doubled the number of microphones on the Momentum 5, which now feature four on each side to improve noise cancellation. The company claims its latest headphones are up to three times more effective at reducing the sound of voice chatter and the drone experienced in airplane cabins. The upgraded ANC and added mics also help improve call quality, both when it comes to picking up your voice and ensuring you can hear the person you’re talking to.

The Momentum 5’s battery life lasts up to 57 hours. It’s a small hit from the Momentum 4’s 60 hours, but still nearly double what you’ll get from the Sony WH-1000XM6, which can only muster up to 30 hours with ANC turned on. Other Momentum 5 upgrades include a new carrying case that’s 20 percent smaller, support for Dolby Atmos and spatial audio with head tracking, and the ability to upgrade from Bluetooth 5.4 to Bluetooth 6.0 with a future firmware update, although Sennheiser didn’t share a timeline for that.

#Sennheisers #Momentum #headphones #upgraded #ANC #replaceable #batteryAudio,Gadgets,Headphones,News,Tech">Sennheiser’s new Momentum 5 headphones have upgraded ANC and a replaceable battery

Nearly four years after the last version of Sennheiser’s Momentum headphones debuted with a redesign that traded a retro aesthetic for a more contemporary and comfortable design, the company has announced its Momentum 5 Wireless headphones. They look very similar to their predecessors, the Momentum 4, with large ear cups and a design that doesn’t quite stand out from the competition. But under the hood there are welcome upgrades, including improved ANC and, for the first time, a user-replaceable battery to extend their life.

The Momentum 5 Wireless will be available starting on June 30th for $399.99, a $50 price bump over the Momentum 4. The headphones feature the same 42mm drivers as the Momentum 3 and 4 models, but Sennheiser is introducing “Hi-Res Audio certification” and expanding the Momentum 5’s Bluetooth codec support to include AptX Lossless. That allows the headphones to stream 16-bit/44.1kHz CD-quality sound, but only from devices with a Qualcomm processor supporting that codec through the Snapdragon Sound platform. Smartphones from Sony and Motorola should be compatible, however Samsung, Google, and Apple devices won’t be.

Sennheiser has also doubled the number of microphones on the Momentum 5, which now feature four on each side to improve noise cancellation. The company claims its latest headphones are up to three times more effective at reducing the sound of voice chatter and the drone experienced in airplane cabins. The upgraded ANC and added mics also help improve call quality, both when it comes to picking up your voice and ensuring you can hear the person you’re talking to.

The Momentum 5’s battery life lasts up to 57 hours. It’s a small hit from the Momentum 4’s 60 hours, but still nearly double what you’ll get from the Sony WH-1000XM6, which can only muster up to 30 hours with ANC turned on. Other Momentum 5 upgrades include a new carrying case that’s 20 percent smaller, support for Dolby Atmos and spatial audio with head tracking, and the ability to upgrade from Bluetooth 5.4 to Bluetooth 6.0 with a future firmware update, although Sennheiser didn’t share a timeline for that.

#Sennheisers #Momentum #headphones #upgraded #ANC #replaceable #batteryAudio,Gadgets,Headphones,News,Tech
AI’s biggest champions have argued for some time that the technology will usher in an era of unprecedented productivity gains, richly rewarding workers who harness it while displacing those who don’t.

Zeb Evans, CEO of the collaboration software startup ClickUp, claims that this shift is imminent. Last Thursday, Evans announced on X that the company, which was last valued in 2021 at $4 billion, had laid off 22% of its workforce yet characterized that reduction as not a cost-cutting measure, but rather a radical embrace of AI that will propel the company to the next level.

“Most savings from this change will flow directly back into the people who stay. We’ll be introducing million-dollar salary bands. If you create outsized impact using AI, you’ll be paid outside of traditional bands,” Evans wrote.

ClickUp recently introduced roughly 3,000 internal AI agents to handle a wide range of complex tasks on behalf of its employees, according to a Fortune article published several days ago. Instead of performing the work themselves, staff members are now expected to direct these agents and ultimately review the output to ensure it meets the company’s standards.

Evans’s goal, according to his X post, is for AI to turbocharge ClickUp into a “100x org.”  

ClickUp is not alone in its hope that AI agents will provide massive productivity gains.

In fact, according to a recent Gartner survey, about 80% of companies using autonomous tech have cut jobs. However, the study found that workforce reductions aren’t necessarily translating into meaningful financial returns.

While Gartner’s findings suggest some companies use unproven AI as an excuse to downsize, ClickUp maintains it is not one of them.

Evans told TechCrunch via email that the startup is indeed seeing productivity gains from AI agents. Not only is ClickUp measuring those efficiencies internally, but it’s also apparently gearing up to include them in a forthcoming product for its customers.   

“Instead of gamifying token cost, we gamify value created and time saved,” Evans wrote.

In recent months, a growing number of companies have started monitoring employee token consumption, using it as a metric to see who is actually adopting AI tools. But critics argue that “tokenmaxxing”—as this concept is known—is the wrong metric because it simply racks up AI expenses.

“The people that automate their jobs with AI will always have a job,” Evans claimed in his post. But if AI keeps taking over more tasks, ClickUp will eventually need fewer and fewer people, eliminating those who fail to automate their functions well.

Tech circles have long theorized about this scenario.

One extreme example of a high-profile startup using AI automation to the max already exists. Polsia, a one-year-old startup that claims to handle all software operations for solopreneurs, is run by just one person: its founder and CEO, Ben Broca. That efficiency is apparently paying off: Polsia just raised $30 million at a $250 million valuation.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

#ClickUps #mass #layoff #tells #future #work #TechCrunchlayoff,ClickUp">What ClickUp’s mass layoff tells us about the future of work | TechCrunch
AI’s biggest champions have argued for some time that the technology will usher in an era of unprecedented productivity gains, richly rewarding workers who harness it while displacing those who don’t.

Zeb Evans, CEO of the collaboration software startup ClickUp, claims that this shift is imminent. Last Thursday, Evans announced on X that the company, which was last valued in 2021 at  billion, had laid off 22% of its workforce yet characterized that reduction as not a cost-cutting measure, but rather a radical embrace of AI that will propel the company to the next level.







“Most savings from this change will flow directly back into the people who stay. We’ll be introducing million-dollar salary bands. If you create outsized impact using AI, you’ll be paid outside of traditional bands,” Evans wrote.

ClickUp recently introduced roughly 3,000 internal AI agents to handle a wide range of complex tasks on behalf of its employees, according to a Fortune article published several days ago. Instead of performing the work themselves, staff members are now expected to direct these agents and ultimately review the output to ensure it meets the company’s standards.

Evans’s goal, according to his X post, is for AI to turbocharge ClickUp into a “100x org.”  

ClickUp is not alone in its hope that AI agents will provide massive productivity gains.

In fact, according to a recent Gartner survey, about 80% of companies using autonomous tech have cut jobs. However, the study found that workforce reductions aren’t necessarily translating into meaningful financial returns.


While Gartner’s findings suggest some companies use unproven AI as an excuse to downsize, ClickUp maintains it is not one of them.

Evans told TechCrunch via email that the startup is indeed seeing productivity gains from AI agents. Not only is ClickUp measuring those efficiencies internally, but it’s also apparently gearing up to include them in a forthcoming product for its customers.   

“Instead of gamifying token cost, we gamify value created and time saved,” Evans wrote.







In recent months, a growing number of companies have started monitoring employee token consumption, using it as a metric to see who is actually adopting AI tools. But critics argue that “tokenmaxxing”—as this concept is known—is the wrong metric because it simply racks up AI expenses.

“The people that automate their jobs with AI will always have a job,” Evans claimed in his post. But if AI keeps taking over more tasks, ClickUp will eventually need fewer and fewer people, eliminating those who fail to automate their functions well.

Tech circles have long theorized about this scenario.

One extreme example of a high-profile startup using AI automation to the max already exists. Polsia, a one-year-old startup that claims to handle all software operations for solopreneurs, is run by just one person: its founder and CEO, Ben Broca. That efficiency is apparently paying off: Polsia just raised  million at a 0 million valuation.


When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.#ClickUps #mass #layoff #tells #future #work #TechCrunchlayoff,ClickUp

announced on X that the company, which was last valued in 2021 at $4 billion, had laid off 22% of its workforce yet characterized that reduction as not a cost-cutting measure, but rather a radical embrace of AI that will propel the company to the next level.

“Most savings from this change will flow directly back into the people who stay. We’ll be introducing million-dollar salary bands. If you create outsized impact using AI, you’ll be paid outside of traditional bands,” Evans wrote.

ClickUp recently introduced roughly 3,000 internal AI agents to handle a wide range of complex tasks on behalf of its employees, according to a Fortune article published several days ago. Instead of performing the work themselves, staff members are now expected to direct these agents and ultimately review the output to ensure it meets the company’s standards.

Evans’s goal, according to his X post, is for AI to turbocharge ClickUp into a “100x org.”  

ClickUp is not alone in its hope that AI agents will provide massive productivity gains.

In fact, according to a recent Gartner survey, about 80% of companies using autonomous tech have cut jobs. However, the study found that workforce reductions aren’t necessarily translating into meaningful financial returns.

While Gartner’s findings suggest some companies use unproven AI as an excuse to downsize, ClickUp maintains it is not one of them.

Evans told TechCrunch via email that the startup is indeed seeing productivity gains from AI agents. Not only is ClickUp measuring those efficiencies internally, but it’s also apparently gearing up to include them in a forthcoming product for its customers.   

“Instead of gamifying token cost, we gamify value created and time saved,” Evans wrote.

In recent months, a growing number of companies have started monitoring employee token consumption, using it as a metric to see who is actually adopting AI tools. But critics argue that “tokenmaxxing”—as this concept is known—is the wrong metric because it simply racks up AI expenses.

“The people that automate their jobs with AI will always have a job,” Evans claimed in his post. But if AI keeps taking over more tasks, ClickUp will eventually need fewer and fewer people, eliminating those who fail to automate their functions well.

Tech circles have long theorized about this scenario.

One extreme example of a high-profile startup using AI automation to the max already exists. Polsia, a one-year-old startup that claims to handle all software operations for solopreneurs, is run by just one person: its founder and CEO, Ben Broca. That efficiency is apparently paying off: Polsia just raised $30 million at a $250 million valuation.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

#ClickUps #mass #layoff #tells #future #work #TechCrunchlayoff,ClickUp">What ClickUp’s mass layoff tells us about the future of work | TechCrunch

AI’s biggest champions have argued for some time that the technology will usher in an era of unprecedented productivity gains, richly rewarding workers who harness it while displacing those who don’t.

Zeb Evans, CEO of the collaboration software startup ClickUp, claims that this shift is imminent. Last Thursday, Evans announced on X that the company, which was last valued in 2021 at $4 billion, had laid off 22% of its workforce yet characterized that reduction as not a cost-cutting measure, but rather a radical embrace of AI that will propel the company to the next level.

“Most savings from this change will flow directly back into the people who stay. We’ll be introducing million-dollar salary bands. If you create outsized impact using AI, you’ll be paid outside of traditional bands,” Evans wrote.

ClickUp recently introduced roughly 3,000 internal AI agents to handle a wide range of complex tasks on behalf of its employees, according to a Fortune article published several days ago. Instead of performing the work themselves, staff members are now expected to direct these agents and ultimately review the output to ensure it meets the company’s standards.

Evans’s goal, according to his X post, is for AI to turbocharge ClickUp into a “100x org.”  

ClickUp is not alone in its hope that AI agents will provide massive productivity gains.

In fact, according to a recent Gartner survey, about 80% of companies using autonomous tech have cut jobs. However, the study found that workforce reductions aren’t necessarily translating into meaningful financial returns.

While Gartner’s findings suggest some companies use unproven AI as an excuse to downsize, ClickUp maintains it is not one of them.

Evans told TechCrunch via email that the startup is indeed seeing productivity gains from AI agents. Not only is ClickUp measuring those efficiencies internally, but it’s also apparently gearing up to include them in a forthcoming product for its customers.   

“Instead of gamifying token cost, we gamify value created and time saved,” Evans wrote.

In recent months, a growing number of companies have started monitoring employee token consumption, using it as a metric to see who is actually adopting AI tools. But critics argue that “tokenmaxxing”—as this concept is known—is the wrong metric because it simply racks up AI expenses.

“The people that automate their jobs with AI will always have a job,” Evans claimed in his post. But if AI keeps taking over more tasks, ClickUp will eventually need fewer and fewer people, eliminating those who fail to automate their functions well.

Tech circles have long theorized about this scenario.

One extreme example of a high-profile startup using AI automation to the max already exists. Polsia, a one-year-old startup that claims to handle all software operations for solopreneurs, is run by just one person: its founder and CEO, Ben Broca. That efficiency is apparently paying off: Polsia just raised $30 million at a $250 million valuation.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

#ClickUps #mass #layoff #tells #future #work #TechCrunchlayoff,ClickUp

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