California

Bitcoin Daily: China Expands Digital Cash Pilot; California Bill Defining Digital Assets Moves Forward
Bitcoin Daily: China Expands Digital Cash Pilot; California Bill Defining Digital Assets Moves Forward
August 16, 2020  |  Bitcoin

China’s Ministry of Commerce is moving forward with its plan for a digital currency, according to a report by The Wall Street Journal (WSJ). The plan...

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What Uber And Lyft’s Court Loss Means For The Gig Economy’s Future
What Uber And Lyft’s Court Loss Means For The Gig Economy’s Future
August 12, 2020  |  Ridesharing

A California judge this week ordered Uber and Lyft to stop classifying their workers as independent contractors and start classifying them as employees, an order the...

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Uber Plans To Temporarily Shutter Ride-Hailing Service In California
Uber Plans To Temporarily Shutter Ride-Hailing Service In California
August 12, 2020  |  Ridesharing

Faced with the prospect of classifying its drivers as employees rather than independent contractors, Uber Technologies Inc. is threatening to shut down temporarily in California....

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California Attorney General Says Uber, Lyft’s Tradeoff Between Flexibility And Benefits A ‘False Choice’
California Attorney General Says Uber, Lyft’s Tradeoff Between Flexibility And Benefits A ‘False Choice’
August 11, 2020  |  Gig Economy

The California judge who ruled that Uber and Lyft have to classify their workers as employees reportedly “saw straight through” the “bogus argument” that the...

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Is There A ‘Third Way’ For Uber and Other Gig-Economy Firms To Classify Workers?
Is There A ‘Third Way’ For Uber and Other Gig-Economy Firms To Classify Workers?
August 11, 2020  |  Gig Economy

For gig-economy companies, is it time to make way for the third way? As reported Monday, Uber CEO Dara Khosrowshahi wrote in a New York Times op/ed...

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California Judge: Uber, Lyft Can’t Call Drivers Contractors
California Judge: Uber, Lyft Can’t Call Drivers Contractors
August 10, 2020  |  Legal & Regulation

A California judge has passed an injunction to force Uber and Lyft to stop classifying their workers as independent contractors rather than employees, CNBC reported....

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Study: California Sees More Than Half Of Unemployment Applicants A Second Time
Study: California Sees More Than Half Of Unemployment Applicants A Second Time
August 06, 2020  |  Economy

Evidence of the U.S. economic recovery’s unpredictability in the wake of the coronavirus pandemic is on display in California. More than half, or 57 percent of the...

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California Bill Offers Banking Support For Cannabis Businesses
California Bill Offers Banking Support For Cannabis Businesses
July 27, 2020  |  Bank Regulation

A proposed new California bill, AB 1525, would give banking institutions and accountants the green light to work with cannabis businesses. The bill will be addressed...

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New Class Action Lawsuit Alleges Plaid Violated User Privacy
New Class Action Lawsuit Alleges Plaid Violated User Privacy
July 20, 2020  |  Cybersecurity

Plaid is facing a lawsuit which alleges that it has violated users’ privacy and used customers’ private data in inappropriate manners for years, affecting over...

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