Uber may be forced to shut down California ride services over new driver ruling
Uber Technologies Inc would be forced to shut down its ride-hailing operations in California if a court ruling that blocks it from classifying its drivers as independent contractors goes into effect, the company said in a court filing.
A California judge on Monday granted the state’s request for a preliminary injunction blocking Uber and rival Lyft Inc from classifying their drivers as independent contractors rather than employees.
Several hundred thousand “gig” workers, including many at ride-hailing companies and app-based food delivery services, are affected by the law known as Assembly Bill 5 (“AB5”), which took effect on Jan. 1.
The shutdown would irreparably harm Uber and the people who rely on its rides operations to generate income, the company said in its court filing on Tuesday.
“If the court doesn’t reconsider, then in California, it’s hard to believe we’ll be able to switch our model to full-time employment quickly,” Chief Executive Officer Dara Khosrowshahi was quoted as saying by CNBC on Wednesday.
Despite the huge shift in society’s current processes, there are many businesses that have adapted and are finding some success in this troubling time. We’ve compiled a list of the tactics businesses have been using to keep moving forward.
Chinese video app TikTok's practices are to be examined by an EU task force, the bloc's privacy watchdog said on Wednesday, which also warned EU police forces against using facial recognition software from U.S. company Clearview AI.
EU ready to go it alone on taxation of digital firms
The European Union is ready to go it alone with taxing digital services of firms like Google, Amazon, Facebook or Apple if there is no global deal on such a tax this year, European Economic Commissioner Paolo Gentiloni said on Thursday.
Exclusive: Netflix in talks to source Indian content from Reliance affiliate Viacom18 - sources
U.S. video streaming company Netflix is in talks with Viacom18, part of the Indian conglomerate Reliance Industries' media unit Network18, about a multi-year partnership to source content, three sources told Reuters