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A Look Back at the CNBC Disruptor 50: 8 Years, 209 Companies
A brief history of the CNBC Disruptor 50 list, with details on every start-up that made the list between 2013 and 2020.
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For Mental Health Start-Up Modern Health, Pandemic-Fueled Growth Created Whole New Set of Anxieties
Modern Health founder and CEO Alyson Watson had to remind employees that their mental health comes first during a year of anxiety amid the coronavirus pandemic.
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This 23-Year-Old Earns $25,000 a Year—Here's Why He Still Invests as Much as He Can
Despite keeping a tight budget, Gillespie makes investing a priority because he views it as a path to financial security and future wealth.
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Two Travel-Related Stocks Look Like Buys as Airlines, Hotels and Cruises Sell Off, Trader Says
“We like the hybrid approach,” said trader Quint Tatro, naming Uber and Lyft as two of his favorite plays.
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Buying an Electric Scooter Was the Best Thing I Did in 2020 — Here's Why
At the start of 2020, I found myself riding around on electric scooters in lieu of more costly Uber and Lyft rides, so in February, I decided to bite the bullet and buy my own.
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This 23-Year-Old Uber Driver Earns $25,000 a Year—Here's His Biggest Splurge
Although Jerone Gillespie sticks to a tight budget, he doesn’t hesitate to splurge on books. He believes investing in knowledge will pay off down the road.
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Facebook-Backed Libra Association Has Been Renamed Diem
It follows Facebook’s rebranding of its digital wallet earlier this year to Novi from Calibra.
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DoorDash Settles With DC AG for $2.5 Million Over Claims It Misled Users on Driver Tips
The settlement comes less than two weeks after DoorDash filed its prospectus to go public.
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Investors Finally Reward General Motors' Shift to EVs Even as It Cuts Emerging Mobility Plans
As GM profitably guides itself through the coronavirus pandemic, Wall Street is paying more attention to its bottom line than unprofitable mobility efforts.
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Companies Gear Up for Biden Administration With Lobbyist Hiring Spree
Over a dozen companies are gearing up for Joe Biden to enter the White House with a recent hiring spree of lobbyists.
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Stopping Tech Giants From Monopolizing Data Could Help Smaller Start-Ups, Says Venture Cap Investor
Smaller start-ups find it hard to access user data that big tech companies have, essentially creating a data monopoly, according to Lu Zhang from Fusion Fund.
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How the Passage of California's Prop 22 Can Affect You and the Future of Employment
Uber and Lyft scored a major win in California when voters passed a ballot measure to exempt them from classifying their drivers as employees. California Assemblymember Lorena Gonzalez drafted the labor law that Prop 22 now partially repeals. She joined LX News to discuss how Prop 22 can affect independent workers nationwide, and potentially strip some of their key protections...
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Uber, Lyft Spend Big, Win in California Vote About Drivers
Uber, Lyft and other app-based ride-hailing and delivery services spent $200 million in a winning bet to circumvent California lawmakers and the courts to preserve their business model by keeping drivers from becoming employees eligible for benefits and job protections.
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Why California's Proposition 22 Matters and What it Means for You if it Passes or Fails
Uber and Lyft together have spent nearly $100 million on the ballot initiative to overturn the state law that would compel them to classify drivers as employees. That may sound like a lot, but the two ride-hailing companies would each face more than $392 million in annual payroll taxes and workers’ compensation costs even if they drastically cut the number...
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California Court Says Uber, Lyft Drivers Are Employees
A California appeals court has upheld an order requiring Uber and Lyft to treat their California drivers as employees instead of independent contractors, less than two weeks before voters will be asked to exempt the ride-hailing giants from the state’s gig economy law.
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Ride-Hailing Apps Cracking Down on Repeat Violators Who Don't Wear Masks
Ride-hailing apps like Uber and Lyft have required drivers and riders to wear masks for the last several months because of the pandemic. Now, these companies are using special technology to crack down on reported violators. “Riders, they don’t really want to wear a mask, some of them,” said Uber driver Fabio Saenz. “They get mad when you tell them you can’t...
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State Appeals Court Puts the Brakes on a Ride Service Shutdown in California
A state appeals court intervened Thursday in an ongoing legal battle involving Lyft and Uber, granting an emergency order to prevent a planned shutdown of ride services in California. Lyft announced in a blog post earlier Thursday that the company will suspend its operations Thursday night across California. Operations were expected to halt beginning at 11:59 p.m. Thursday, the company…
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Florida Man Attacks Lyft Driver Over Protective Coronavirus Barrier
A 36-year-old man in Florida is charged with battery and child abuse after he tore down a plastic safety partition and attacked a Lyft driver. According to a sheriff’s press release, the man was charged with child abuse because a 7-year-old boy was riding in the car and the attack put him in danger.
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Rideshare Companies Navigating Pandemic to Keep Drivers and Riders Safe
The rideshare industry is making drastic changes to the way you ride.
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Actor Will Smith Goes Undercover as Lyft Driver in Miami
The actor was in Miami promoting his new movie, “Bad Boys for Life,” over the weekend. He picked up four riders in a 2020 Porsche Taycan, occasionally getting into the attitude of his movie character detective Mike Lowry and encouraging passengers to do their best Bad Boys imitation as his partner in crime.