Day: October 4, 2020

Home / Day: October 4, 2020

Sam Harnett:

Absolutely. So, you know, this the issue that’s playing out in California over where, how to classify these drivers is playing out in every other state in the country and actually global and different in different countries around the world. So everyone is looking to California to see what’s going to happen.

Now, the thing is that the way the propositions were written is that it only applies to people working on platforms, doing delivery or transportation companies like Uber, Lyft, also Postmates, DoorDash.

So it’s limited in who it’s targeting now. But if you create this precedent of having a basic third option between employee and contractor, this kind of contractor, and we didn’t explain this, but the proposition would give them contractor status with slightly improved benefits, slightly better wages, some health supplements, some insurance to drive a certain amount of hours. So the point is,

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Nearly 23,000 new cases of coronavirus were reported for the UK as officials admitted that thousands of positive tests dating back more than a week had been not been counted due to an IT error.



Dido Harding, James Bethell are posing for a picture


© Provided by The Independent


Boris Johnson puts sharp spike in coronavirus cases down to ‘computing issue’

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Health officials said the latest figures – a new daily record – were “artificially high” as a result of the error in its Covid data dashboard and admitted that contact tracing had been delayed.

However they insisted that those affected by the glitch between 25 September and 2 October had all received their results and that lockdown decisions in local areas had not been affected.

Labour criticised the situation as “shambolic” and shadow health secretary called on Matt Hancock to come to the House of Commons to face questions.

It came hours after

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Christine Chapman and Stephen HarrisImage copyright
Stephen Harris

Image caption

Christine Chapman was helped by her brother-in-law Stephen Harris

With little more income than the state pension, Christine Chapman is careful with her money.

The 70-year-old keeps paperwork meticulously in a filing cabinet and knows what is coming in and going out.

Her bills were cut by hundreds of pounds a year, simply by switching insurance, phone and mobile suppliers.

It all sounds like an advert for competition and the benefits of shopping around.

But Mrs Chapman was lucky.

Misplaced trust?

The widow, from County Durham, does not have a computer and does not know how to operate one. Her smartphone is only used for calls and messages to family and friends. She had no way of shopping around for better deals.

What she does have is a caring brother-in-law who taught IT and, after a conversation at a family gathering, realised Mrs Chapman

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What happened

Shares of 2U, Inc. (NASDAQ:TWOU) fell 18.6% in the month of September, according to data from S&P Global Market Intelligence. The online education provider cooled off after the stock had run up over the first eight months of the year, like much of the technology sector. 2U did recently sell shares to the public, but that was back in August after a strong second quarter earnings report.

Additionally, the company may have suffered from some guilt-by-association after another online education rival came under scrutiny by a short-seller.

A college-aged woman take an online class  on her laptop.

Image source: Getty Images.

So what

In the second week of September, online education rival K12 (NYSE:LRN) fell after the Miami-Dade schools district cut ties with K12 after trying it out. Short-selling firm Safkhet Capital applauded the decision and called K12 an “education vulture.”

The heightened scrutiny of K12 might have affected how investors view the risk of other companies in

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(Bloomberg) — Daisuke Sasaki has seen his cloud-based accounting company’s valuation swell to $3.7 billion despite having yet to show a profit, but he’s not letting that pressure him.

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Shares of Freee K.K. have quadrupled since going public on the Tokyo Stock Exchange in December, along with rising demand for cloud services amid the remote-working trend.

“We don’t have a set timeframe for when the company will swing to profits,” Sasaki, founder and chief executive of Freee, said in an interview on Aug. 17. “Our business is about subscription.”

The Tokyo-based firm’s stock is one of the many technology names that have surged during Covid-19, fueled by investor euphoria over stay-at-home and DIY themes. While the pandemic roiled the outlook for companies around the world, U.S. accounting software giant Intuit Inc. beat recent earnings estimates, helped by better-than-expected growth for its cloud-based service for small businesses.



chart: Shares of cloud accounting firm have nearly quadrupled since IPO


© Bloomberg

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President Trump’s Twitter page.


Jaap Arriens/NurPhoto via Getty Images

As news of President Donald Trump’s positive COVID-19 diagnosis spread, social media companies warned their users that content wishing for the president to die won’t be allowed on their platforms.

After the president revealed on Thursday that he and first lad Melania Trump had tested positive for the virus, many people took to social media to wish him a speedy recovery, but many others said they hoped for the opposite outcome.

A Facebook spokesperson Friday such post violate the social media giant’s user policies and will be removed.

“To be clear, Facebook is removing death threats or content targeted directly at the president that wishes him death, including comments on his posts or his page – in addition

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For the past four years, Swedish startup Einride has captured interest, investment and even a few customer contracts for its unusual-looking pods — electric and autonomous vehicles that are designed to carry freight. But progress in developing, testing and validating autonomous vehicles — particularly ones that don’t even have space for a driver and rely on teleoperations — is an expensive and time-consuming task.

The company has made some progress with its T-Pod vehicles; four of them are on public roads today and even carry freight for customer Oatly, the Swedish food producer. Now, a year after raising $25 million, the company said it has another $10 million coming in from its existing investors.

The announcement comes ahead of a new vehicle the Einride will unveil October 8. Not much is known about the vehicle; Einride has only supplied a short and obscure teaser video.

Einride said the $10 million

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SHANGHAI (Reuters) – Chinese chipmaker Semiconductor Manufacturing International Corporation has undertaken “preliminary exchanges” with the U.S. Bureau of Industry and Security regarding export restrictions, the company said on Sunday in a filing.

FILE PHOTO: FILE PHOTO: A security officer stands outside a building of Semiconductor Manufacturing International Corporation (SMIC) during its grand opening in Shanghai November 22, 2001./File Photo

“The Company is conducting assessments on the relevant impact of such export restrictions on the company’s production and operation activities,” the filing to the Hong Kong Stock Exchange said.

SMIC also said it has been operating in compliance with the relevant laws and regulations of all jurisdictions where it performs its businesses.

The company also advised shareholders and potential investors “to exercise caution when dealing in the securities of the Company.”

In September, Reuters reported that the Bureau of Industry and Security under the Department of Commerce had issued letters informing

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Circle Network, a country music channel co-owned by the Grand Ole Opry’s parent company and station group Gray Television, said it has signed distribution deals with four big streaming platforms: Roku, Samsung’s TV Plus, Vizio’s SmartCast, and Comcast-owned Xumo.

The four outlets collectively claim 76 million monthly average users, and represent a big jump in audience accessibility for the 10-month-old network, said Circle’s General Manager Drew Reifenberger. Opry Entertainment Group, a subsidiary of Ryman Hospitality Properties, is a co-owner of the network with Gray, one of the nation’s biggest broadcast station groups.

The channel has been anchored by Saturday night broadcasts of performances on Opry Live from the Grand Ole Opry’s storied stage in Nashville, Tenn., continuing even through the pandemic’s strictures, though without live audiences.

The Opry “has had shows, with no audience, for 32 weeks now,” Reifenberger said. “The Opry is

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