Lyft Inc. and Uber Technologies Inc. received an emergency stay that will allow them to continue operations in California rather than shut down or be forced to reclassify drivers as employees instead of independent contractors. Shares of both companies surged on the news after initially trading...
Uber and Lyft are both facing another lawsuit from the office of the California Labor Commissioner alleging wage theft. Filed today, the suits argue both Uber and Lyft are misclassifying their drivers as independent contractors and aim to enforce the labor practices set forth by...
By Leonardo Gannio, Founder & CEO of MAGIIS “Never let a good crisis go to waste” goes the popular saying. We are living through unprecedented times, but instead of focusing on the threats and what is no longer possible, let’s do the exercise of finding those...
Uber and Lyft have ramped up their lobbying power in recent years as they face a potential death blow in California with the state’s Assembly Bill 5, which went into effect in January and requires the ridesharing giants to reclassify their independent contractors as employees. Uber and Lyft initially resisted the...
What is MAGIIS? MAGIIS is the first digital technology platform as a service for people transportation companies in Latin America. How does it work? The platform is aimed at entrepreneurs and people transportation companies wishing to fully automate their business, with zero upfront investment, to concentrate...
There is an undeniable reality in recent years, thanks to the widespread use of smartphones, the increase in usability and accessibility to the Internet, and the benefits and comforts brought by applications. People’s habits and types of consumption have also changed, as well as their...