The gig economy is below the heist, but it's not the first time – Record Sheet – My Blog

Rapidly shifting in opposition to brilliant 21st century labor arbitration in Silicon Valley, California Senate-accredited laws on Wednesday were intended to reclassify many extra workers as workers. Honest one day after approval by the general assembly, the vote sent the bill, identified simply as AB5, which could be unrivaled to restructure Governor Gavin Newsom's well-known economic table-show system for his signature.

However, sooner than Newsom made a pass, surely one of the bill's main targets – Uber's applied sciences – had some problems to claim.

"Contrary to some rhetoric we hear, AB5 does not automatically automatically reclassify drivers from part of the employee neutral contractor sprint," Uber's chief attorney Tony West, said newshounds at a convention. “The AB5 no longer features advantageous drivers. The AB5 no longer offers drivers the wonderful collective use. Currently, currently, the invoice says nothing about the sprint part drivers. "

Uber, Lyft, and others that have application-based empires, built mostly, organizing legions of neutral contractors tried unsuccessfully for months To negotiate a crude exemption, however, I will leave West's straight arguments (which revolve around Uber's true exact change) to additional legal entities.

My history-obsessed mind followed every other route, thinking of reducing to when all the other big names in the tech universe battled the government for systems on how to classify their workers. We are in the self-discipline of reaching the 23rd anniversary of Decision of the Court of Appeal in the case identified as Vizcaino / Microsoft. Donna Vizcaino helped to compose Microsoft application manuals from a cubicle at Microsoft headquarters, the suite that used to be run by its boss at Microsoft. However, it has not acquired any completely different benefits, health protection or advantages from employees. In those days before the Web, it was not a fragment of the economic show system. It used to be a permatemp, and Microsoft and some tech companies have been able to count on hundreds of such companies to … expand their earnings. This ended in a fight with the IRS in the 1990s and, within the destruction, several employees sued. The courts took sides with the staff and, in December 2000, Microsoft has agreed to pay them almost $ 100 million. This lowered the standard despite the proven reality that or not quieter a controversial train at the moment.

The elephantine distinction between then and now is that companies forced to reclassify temporary workers as downsizing has been successful – extraordinarily successful – while essentially the most contemporary cut of show-dependent startups is profoundly useless. Like the state's extra equipment, as the California instance observes, the show's economic system is being encircled.

Aaron Pressman

On twitter: @ampressman

E-mail: aaron.pressman@Fortune.com

NEWS

Need to know the base. Oracle CEO Mark Hurd is take leave for health-related causes, the company said on Wednesday without providing few additional impressions. The company had not previously reported Hurd's disease. Founder Larry Ellison and co-CEO Safra Catz will slide the camouflage from the show in Hurd's absence. The company also released mediocre quarterly results. Oracle's share label, which had previously increased 26 percent in 2019, lost 3 percent in pre-market trading on Thursday.

Inflation conception. With recent gains in your stock, Apple returned to the ranks of companies with a market stamp of over $ 1 trillion. Also within the members from Thursday morning: Microsoft. Participants used Amazon and Google are shrinking by just $ 900 billion in market capitalization.

The land of shadows. On completely different potentially controversial issues, the border security startup of Fb Oculus founder Palmer Luckey Anduril (what's up with technicians and Lord of the Rings?) increased extra effort capital in a deal that valued the company at more than $ 1 billion, reports CNBC. Investors consist of Andreessen Horowitz. And the immigration and customs inspection agency signed a deal price of up to $ 35 million with those of Israel Cellebrite for “universal forensic extraction devices” and training. Cellebrite is identified worldwide for its ability to break the protection of any mobile phone.

Mediated, I will miss these harbor lights. While Uber and his brothers discuss their fight against California's new laws, startup fintech Square goes an additional step and suing the metropolis of San Francisco. Technology companies pay a lower tax rate than financial products and corporations, and Square says it is positively the division, not later, whatever the metropolis looks opposite.

Double pain. These who force electric cars clearly does not pay gasoline taxes that improve road maintenance. So 26 states own taxes electric car taxes, Private Studies reports. The trick is that in 11 of these states, the tax is higher than what we pay for gasoline-like cars, occasionally more than double what is incomparable. And 10 extra states are thinking of doing the same.

Pronounce de-deposit. Cloud Payroll Product and Business Provider MyPayrollHR it was poof this week, leaving workers in hundreds of small businesses without pay. And after an unexplained additional problem, workers at some client companies found that their bank accounts were debited (!) And no longer credited with the amount of their payment. Speaking of crazy financial transactions, any individual closing week transferred a price over $ 1 billion bitcoins– that's 94,505 bitcoins for you and me – and they don't use an explanation. The pass used to be flagged by Twitter Alert whale story.

FOOD FOR THOUGHT

This week used to be the 20th anniversary of the release of the traditional David Fincher. Strive in opposition to the Association starring Ed Norton and Brad Pitt. According to Chuck Palahniuk's radical, the film tells the story of a secret boxing group led by Pitt's personality, Tyler Durden. The Economist explores how the movie turned into a revered manual for the existence in the ugliest corners of the web in the meantime:

However, twice in a row, the movie has become a cutout for web trolls. On sites similar to Reddit, 4chan and 8chan, some forums domesticate misogyny and worldwide violence, "male rage" movies similar to "American Psycho" and "Strive in Opposition to Membership" are praised in most cases. Durden's personality is occasionally cited by male clients unhappy with his anti-consumer rhetoric ("Issues you no longer sleep for owning you"), his critique of the feminization of society ("I am questioning whether all other women are really answering we want ”) and their rejection of liberal individualism (“ You are no longer a phenomenal attempt and an unknown snowflake ”). 4chan customers, the first scoring rule is "You don't discuss / b /" anymore, referring to 4chan's popular "random" board that lives in your most compelling posts.

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The true technique of Apple TV is not competing with Netflix. Honest needs some of your time By Dan Reilly

Values ​​are our group's binding principles, says the CEO of this tool. By Damanick Dantes

BEFORE YOU GO

It doesn't have a fabulous name like Oumuamua but nevertheless, wait. Astronomers have spotted all other objects passing during the solar system of completely different aspects of the galaxy. Before the whole lot known as gb00234, this second interstellar traveler is simply no longer out of the beam to advance on Earth in December. This should allow additional detailed commentary on what Oumuamua obtained.

This edition of the Records Sheet used to be curated by Aaron Pressman. Rescue previous pointsand registration for completely different Fortune newsletters.

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