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California Suit Against Uber and Lyft Is a Game Changer, Aquent CEO Says

May.11 — Aquent Chief Executive Officer John Chuang says Uber Technologies Inc. and Lyft Inc. are shirking their responsibilities by misclassifying their workers. He speaks with Bloomberg’s Amanda Lang on “Bloomberg Markets.”

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May.11 — Aquent Chief Executive Officer John Chuang says Uber Technologies Inc. and Lyft Inc. are shirking their responsibilities by misclassifying their workers. He speaks with Bloomberg’s Amanda Lang on “Bloomberg Markets.”

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10 Comments

10 Comments

  1. CaliforniaMISC

    May 11, 2020 at 7:05 pm

    AB5 needs to be enforced

  2. Tony Montana

    May 11, 2020 at 7:30 pm

    People are like “I’m my own boss, and I can’t work a 9-5,” but at the same time want benefits.

    • Joan Tron

      May 11, 2020 at 8:09 pm

      Tony Montana asshole

    • TrendThis

      May 11, 2020 at 8:31 pm

      Yeah that’s the big issue. It’s gray.

    • Knight of Christianity

      May 12, 2020 at 1:06 am

      No one wants to slave for greedy conglomerates, humans aren’t machines.

  3. Brenthon Villegas

    May 11, 2020 at 7:46 pm

    CA making it harder for businesses to thrive.

    • Monis Siddiqui

      May 12, 2020 at 12:05 am

      Businesses or psychopaths?

  4. Joan Tron

    May 11, 2020 at 8:10 pm

    Workers Unite!!

  5. sparkle sparkles

    May 11, 2020 at 9:08 pm

    Well it’s just another reason for automation/self-driving.

  6. WizZard

    May 11, 2020 at 10:22 pm

    UBER drivers be like…. “yeah, I’m actually a Doctor……. but I do this a few hours a week cause I just really like to drive, and like to hang out with really cool people like you,”

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Bloomberg Technology

Rocket Explosion Deals Blow to Blue Origin’s Space Ambitions

Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a test on a Florida launchpad Thursday evening, dealing a major setback to the Jeff Bezos-backed firm in its efforts to challenge a dominant SpaceX. Blue Origin and Amazon founder Jeff Bezos said it was too early to determine the cause of the…

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Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a test on a Florida launchpad Thursday evening, dealing a major setback to the Jeff Bezos-backed firm in its efforts to challenge a dominant SpaceX. Blue Origin and Amazon founder Jeff Bezos said it was too early to determine the cause of the explosion and described it as “a very rough day” in a post on X. Bloomberg Intelligence analyst Matt Bloxham joined Caroline Hepker to discuss the implications.
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SpaceX Lowers IPO Valuation Target | Bloomberg Tech 5/29/2026

Bloomberg’s Tim Stenovec breaks down why SpaceX is coming back down to Earth with a slightly lower valuation in its IPO. Plus, Anthropic closes a funding round at a whopping $965 billion valuation, surpassing OpenAI for the first time in the AI race; and Dell surges after the hardware giant’s outlook far surpassed Wall Street…

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Bloomberg’s Tim Stenovec breaks down why SpaceX is coming back down to Earth with a slightly lower valuation in its IPO. Plus, Anthropic closes a funding round at a whopping $965 billion valuation, surpassing OpenAI for the first time in the AI race; and Dell surges after the hardware giant’s outlook far surpassed Wall Street estimates.

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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

Anthropic Valuation of $965 Billion Passes OpenAI

Anthropic raised $65 billion in a funding round that valued the AI company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time. Bloomberg’s AI reporter Shirin Ghaffary joins Tim Stenovec on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes…

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Anthropic raised $65 billion in a funding round that valued the AI company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time. Bloomberg’s AI reporter Shirin Ghaffary joins Tim Stenovec on “Bloomberg Tech.”
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