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California Cops Enlist Drones For Lockdown Enforcement

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A police department in California is going to use drones equipped with loudspeakers to help enforce the state lockdown orders imposed due to the coronavirus, according to a report by the Financial Times. The Chula Vista PD has purchased two drones worth $11,000 each.

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California Tells Uber And Lyft Their Drivers Are Employees

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The California agency that regulates ride-hailing companies Uber and Lyft said their drivers are considered employees under the state’s new gig work law, the latest development in the fight over drivers’ status, Reuters reported. Later this year, a ballot initiative sponsored by Uber, Lyft and DoorDash will ask voters to rescind the law.

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Today In Payments: California Proposes Financial Watchdog; Germany Launches Investigation Into Amazon

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In today’s top news, California lawmakers propose a financial watchdog at the state level, and Germany launches an antitrust investigation into Amazon. California Proposes Financial Watchdog Agency. Plus, the Federal Reserve is working with MIT to explore the use of digital currency. Just Eat Takeaway to End Its Gig Worker Model.

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Uber Readies Q3 Earnings As California Voters Give The Firm A Big Boost

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5) just as the company’s stock is soaring on the election victory of Proposition 22, a California referendum to exempt ridesharing companies from the state’s AB 5 gig worker law. Shares of Uber and other gig economy companies were rallying a day after California voters backed Prop 22. London Reprieve.

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California Moves Forward On Effort To Bank Marijuana Businesses

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California is pressing forward with efforts to provide legal banking services to marijuana businesses as cannabis companies struggle to get banked. Reports in The San Francisco Chronicle said California policymakers introduced a bill last Thursday (Jan.

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Employee Or Contractor? California Freight Enters The Worker Classification Debate

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Labor Department classified these gig workers not as employees, but as contractors, in a case that enabled an unnamed company hiring these gig workers to not have to pay federal minimum wage, overtime or Social Security taxes. California Trucking Weighs In. State governments are grappling with this debate, too.

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Tanium Secures $6.5 Billion Valuation For Enterprise Security Tech

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Tanium, which provides organizations with an IT security platform, raised $200 million from Wellington Management, Baillie Gifford & Company and Adage Capital Management, pushing Tanium’s valuation up to $6.5 According to reports, Tanium addresses security friction within businesses caused by a disparate security strategy.

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