November 09, 2020
Lyft Prepares For Q3 Earnings With Prop 22 Win, Boost...
Lyft is set to report its Q3 results on Tuesday (Nov. 10), as its stock surged more than 26 percent on Monday (Nov. 9) amid news that Pfizer announced what seemed to be...
November 04, 2020
Prop 22 Passes To Keeps Uber/Lyft Workers As Contractors In...
On Tuesday (Nov. 3), California voters gave the nod to statewide ballot initiative Proposition 22, which allows app-based companies, such as ride-hailing firms and other gig economy firms, to classify...
October 05, 2020
Uber CEO’s 900,000 Reasons Why AB5 Shouldn’t Fly
California Assembly Bill 5 (AB5) — and its now famed (and feared) three-part test as to whether a worker could be classified as an independent contractor or must by law...
September 30, 2020
Gig Apps Work It In Latest Provider Ranking
In a bid to add clarity around booming freelance markets, PYMNTS has reported on the U.S. Department of Labor recently offering guidelines and even “tests” that help determine whether a worker...
August 25, 2020
Gig Apps Work It On Latest PYMNTS Provider Ranking
Unemployment has always been a leading economic indicator, and by many accounts, the economy is in for a couple of years of recessionary behavior. Thank goodness for gigs. Gigs, as...
August 18, 2020
Uber Mulls Switching To Franchise Model In California
Uber Technologies Inc., facing a Thursday (Aug. 20) deadline to reclassify its freelance drivers in California as employees, is considering licensing its brand to independently operated franchises. Bloomberg News reported...
August 13, 2020
Freelance And Food Lead Latest Gig Economy Apps Ranking
Of the seismic workforce changes that have reshaped the economy in recent years, gig work is perhaps the most meaningful. As successive disasters and economic collapses converge with digital collaboration,...
August 12, 2020
Lyft Highlights Improving July Figures After Q2 Ridership Plunges
Ride-hailing firm Lyft said Wednesday (Aug. 12) that its active ridership plunged 60 percent year over year during Q2 due to the coronavirus pandemic, but said signs of recovery are...
June 11, 2020
California Tells Uber And Lyft Their Drivers Are Employees
The California agency that regulates ride-hailing companies Uber and Lyft said their drivers are considered employees under the state’s new gig work law, the latest development in the fight over...
