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Uber, Lyft Ready Shutdown Friday In California

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Unless an appeals court intervenes at the last minute, Uber Technologies Inc. are ready to suspend their ride-hailing services in California on Thursday (Aug. In a blog post , Lyft said its rideshare operations in California would be suspended at 11:59 a.m. We don’t want to suspend operations. and Lyft Inc.

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Nuro Gets California Permit For Autonomous Deliveries

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Nuro has received the first-ever autonomous vehicle deployment permit from the state of California, according to a press release. The California DMV is a leader in safety standards, and we appreciate their collaboration and safety-first approach to AV regulation,” he said, according to the release.

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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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Coronavirus Refunds: California Universities Sued Over Campus Fees; SXSW Faces Suit For No-Refund Rule

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Two large university systems in California have been sued over their alleged refusal to provide reimbursements for fees in the wake of the COVID-19 pandemic, according to a press release from DiCello Levitt. CSU, on the other hand, operates 23 campuses in California with an endowment of almost $2 billion. University Fees.

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Fundation Digitizes SMB Loans For Banc Of California

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In a press release , Fundation said it is collaborating with Banc of California to develop a streamlined, digital small business lending and line of credit solution that the bank can offer to its small business clients. SMBs can use the tool to apply for financing through an online application on the Banc of California website.

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Today In Payments Around The World: Oracle Appointed TikTok US 'Technology Provider'; Alibaba Mulls Investment In Grab

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has said that it was chosen to be ByteDance’s “trusted technology provider” that will take over TikTok's American operations, and Alibaba is considering an investment in Grab. Technology Provider’. California-based Oracle Corp. California-based Oracle Corp. Oracle Officially Named As TikTok’s U.S. 14) after U.S.