Category: lyft
Transportation on the ballot, Softbank parks its money in REEF and Tesla Tequila arrives
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to…
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Human Capital: The gig economy in a post-Prop 22 world
Welcome back to Human Capital and congrats on making it through one of the hardest weeks of the longest year. Now that the Associated Press has called the election in favor of Joe Biden, it should be good news for DEI practitioners, who expressed some worry they’d be out of…
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Daily Crunch: Social media confronts election misinformation
You may have heard that the United States had a presidential election yesterday, with plenty of implications for the tech world, particularly with social media as one of the battlegrounds in the fight over the results. Meanwhile, major tech-relevant ballot measures, like California’s Proposition 22, also passed. I’ll do my…
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Shares of Uber, Lyft soar on expected passage of California gig-labor ballot measure
Shares of American ride-hailing giants Uber and Lyft are sharply higher in pre-market trading this morning on the expected passage of Proposition 22, a California ballot measure that allow tech-enabled, on-demand companies to continue classifying gig-workers as independent contractors. Shares of Uber are up 11.88% in pre-market trading, while shares…
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California votes to strip employee protections from Uber and Lyft drivers
Uber and other ride-hailing and delivery companies in California have prevailed in a $220 million dollar gambit to keep workers as independent contractors. Proposition 22, a side ballot to overturn a California law that made drivers full employees, p… Source
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CA ballot measure that keeps gig workers as independent contractors is projected to pass
Uber, Lyft, Instacart and DoorDash — the major backers of California’s Proposition 22 — are getting their way. The proposition, which will keep gig workers classified as independent contractors, is projected to pass. The Associated Press called the race with 67% of precincts partially reporting. At the time of publication,…
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