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Californians vote on the future of Uber
EVEN A HALF-EATEN apple shoved in Dara Khosrowshahi’s face by his young son during a Zoom interview does not ruffle Uber’s boss. “Not now, sweetheart,” was his calm response. Mr Khosrowshahi needs all the unflappability he can muster. Besides picking their president, on November 3rd Californians will vote on a ballot initiative, Proposition 22, that will shape the future of the ride-hailing firm and other gig-economy platforms. The companies have spent nearly $200m promoting the measure, in an effort to preserve their business model. At issue is whether their freelance drivers, couriers and other gig workers should be treated as employees, entitled to benefits such as unemployment insurance and sick leave. More fundamentally, “Prop 22” is a stab at balancing worker protections with the gig industry’s flexibility, which lets people work when they want while ensuring that customers never have to wait long for a ride or a meal delivery. Founded 11 years ago, Uber created the template for the gig economy. Its software matches demand and supply in real time. At first riders and drivers benefited, as Uber and Lyft subsidised rides in a battle for market share. In the past few years the
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Obama targeted as Trump train rolls on
If United States President Donald Trump wins a second term, it will be because of people like 33-year-old Nicholas van Orden, whose carpentry and house-frame business began thriving when the real estate tycoon won the White House in 2016. It will also be because of people like Vietnamese-American Eric Le, 55, who fled communism and now owns a nail salon - and appreciates that Mr Trump is taking a stand against communist China. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* *Terms and conditions apply.
Pandemic, 5G drive up gaming interest
Pandemic, 5G drive up gaming interest Economic malaise caps user spending The global number of gamers has surged 36.9% since the outbreak. The pandemic and 5G roll-out are expected to drive up the number of gamers in Thailand, though economic woes still weigh on their spending per person, says one of the promoters of Thailand Game Show 2020, scheduled for next month. "The pandemic ushers in positive aspects and challenges in the game industry," said Torboon Puangmaha, managing director for digital and media platform Online Station under True Digital Group, which is a key supporter of the show. The global number of gamers has surged 36.9% since the outbreak, helping the home entertainment business, while game downloads have jumped 20%. There is no official data on the segment in Thailand, but it is likely to follow the global trend, Mr Torboon said. This is a challenging year for the country's game industry, as gamers' per-person spending is likely to fall in line with the economic woes. Mr Torboon expects the whole gaming
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