California

Appeals court backs ruling that Uber, Lyft should treat drivers as employees

Uber and Lyft lost in court in Thursday, as the First Appellate District court in San Francisco affirmed a preliminary injunction placed against the companies last month. That ruling said there’s “overwhelming likelihood” the two companies are misclassifying their drivers as contractors instead of employees under the state’s AB5 law. However, for the time being …

Appeals court backs ruling that Uber, Lyft should treat drivers as employees Read More »

China’s BSN International integrates support for Tezos network

China’s government-backed blockchain project, the Blockchain Service Network, has announced the integration of the Tezos blockchain onto its international portal. According to an official announcement on Sept. 24, Tezos has been selected as the “one of the first batch of blockchains” to be integrated into the BSN International — a global platform providing access to …

China’s BSN International integrates support for Tezos network Read More »

INX Becomes the First SEC-Registered IPO to Accept Crypto

15th September 2020, New York, United States: INX will start accepting bitcoin (BTC), ether (ETH), and USDC stablecoin, starting today. INX said over 3,000 retail and accredited investors registered for the INX token offering during its first three days. Now that the minimum requirement INX has set to raise the first $7.5 million of its …

INX Becomes the First SEC-Registered IPO to Accept Crypto Read More »

A California wildfire nearly destroyed the historic Lick observatory

Enlarge / Lick Observatory Bill Dally | Getty Images On the morning of Sunday, August 16, freak summer thunderstorms rolled into the Bay Area, peppering the ultra-dry landscape with lightning, setting nearly 400 fires across Northern California. Ten miles to the north of the historic Lick Observatory, atop Mount Hamilton near San Jose, one such …

A California wildfire nearly destroyed the historic Lick observatory Read More »

California’s new emissions rules target diesel trucks and cargo ships

vitpho via Getty Images California air quality officials have passed two new measures aimed at reducing pollution from diesel trucks and ships. One rule introduces new emissions standards for heavy-duty diesel trucks, while the other requires more ships docked at ports to either plug into electric power or use other technology to reduce harmful emissions. …

California’s new emissions rules target diesel trucks and cargo ships Read More »

Uber CEO says his company can’t hire all of its drivers in California

PHILIP PACHECO via Getty Images Whatever the outcome of its ongoing legal spat with the state of California, Uber CEO Dara Khosrowshahi doesn’t believe his company can employ all the people who drive for the platform in California, at least not without a fundamental rethinking of its business. “We can’t go out and hire 50,000 …

Uber CEO says his company can’t hire all of its drivers in California Read More »

California Moves Forward With Digital Asset Bill

California’s Senate Banking and Financial Institutions committee has passed a bill seeking to define digital assets and measure its impact on the state and consumer protections.  Assembly Bill 2150, which can potentially influence how federal regulators approach digital assets, unanimously passed the Senate’s Banking and Financial Institutions committee. It will be discussed in the Committee …

California Moves Forward With Digital Asset Bill Read More »

California wins injunction against Uber, Lyft classifying drvers as contractors

Mike Blake / reuters California passed Assembly Bill 5 late last year in a bid to reclassify many gig economy workers as employees, and so far, Lyft and Uber have not done that. The state is suing them, and on Monday afternoon Judge Ethan Schulman of San Francisco Superior Court ruled in favor of granting …

California wins injunction against Uber, Lyft classifying drvers as contractors Read More »

‘Superman29’ to Do Time; California Resident Pleads Guilty to Laundering Millions Using Illegal Bitcoin ATMs

Kais Mohammad, a.k.a. “Superman29,” has agreed to plead guilty to federal charges he ran an unlicensed Bitcoin ATM network that laundered up to $25 million, including funds that originated in criminal activity.  According to a recent press release by the Department of Justice, the Orange County, California, resident is pleading guilty to one count each …

‘Superman29’ to Do Time; California Resident Pleads Guilty to Laundering Millions Using Illegal Bitcoin ATMs Read More »

T-Mobile asks California to soften 5G, job conditions for Sprint merger

Ronen Tivony/SOPA Images/LightRocket via Getty Images T-Mobile is hoping to ease some of the conditions it agreed to for its merger with Sprint. The carrier has asked California’s Public Utilities Commission to roll back three main requirements. It wants the CPUC to delay 5G coverage and speed targets for 2024 by two years, to use …

T-Mobile asks California to soften 5G, job conditions for Sprint merger Read More »