Ride-hailing company Lyft plans to cut at least 30% of its workforce. It comes days after a new CEO officially took over. Can the changes and new leadership help Lyft compete with its biggest rival Uber? WSJ ride-hailing reporter Preetika Rana joins host Zoe Thomas to explain what’s going on inside Lyft.



Correction: An earlier version of this podcast incorrectly stated that Lyft was planning to lay off 12,000 workers instead of 1200. (Corrected April 26.)

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Lyft to Cut at Least 1,200 Jobs, Struggles to Keep Up with Rival Uber

Tech News Briefing is your guide to what people in tech are talking about. Every weekday, we’ll bring you breaking tech news and scoops from the pros at the Wall Street Journal, insight into new innovations and policy debates, tips from our personal tech team, and exclusive interviews with movers and shakers in the industry. Hosted by Zoe Thomas

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In October 2021, Facebook announced it was changing its name to Meta. For a company that had built its business on social media, it was a gamble to seemingly pivot to a future version of the internet that didn’t yet exist and wasn’t well understood. On this first episode of our special series on the metaverse, host Alex Ossola takes you back to the vision that CEO Mark Zuckerberg laid out for the metaverse, what was going on at the company at the time of the name change and how people reacted both inside and outside the company.

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From Facebook to Meta: Zuckerberg's Big Bet—The Beginning

Plus: Apple stock rallies the day after the company reported earnings. And shares of Coinbase fall. Alex Ossola hosts.

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TNB Tech Minute: EV Makers Get Tax-Credit Extension

EV maker Tesla announced this week that it was laying off much of the team responsible for the company’s Supercharger network, the largest and most successful EV charging network in the U.S. The move caught employees, and others in the industry, by surprise. WSJ reporter Ryan Felton tells host Alex Ossola what a Tesla pullback in charging could mean for the broader U.S. EV market. Plus, how did an iPhone survive a fall out of an airplane, but others crack when they get tipped off the kitchen counter? WSJ senior personal technology columnist Joanna Stern took on an experiment to find out.

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Tesla’s Supercharger Layoffs Could Ripple Across the EV Industry

Plus: Universal Music and TikTok reach a new agreement. And Microsoft plans to invest over $2 billion in Malaysia. Alex Ossola hosts.

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TNB Tech Minute: Apple’s Quarterly Revenue Declines

Tasks like streaming movies or generating answers from artificial intelligence systems require a lot of computing power. So more, bigger data centers are cropping up in an effort to meet the demand. And that means more energy. Local energy companies are turning to natural gas and even coal to keep them going. WSJ energy reporter Jennifer Hiller tells host Alex Ossola what that means for the country’s energy transition. Plus, rebooting your device works for everything from computers to trains. WSJ personal tech reporter Cordilia James talks about why it became our go-to tech fix.

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Lyft to Cut at Least 1,200 Jobs, Struggles to Keep Up with Rival Uber

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