CHANDAN KHANNA/AFP via Getty Images Joe Biden's presidency is likely good news for Uber and Lyft. The companies won big in California with Prop. 22, a law the President-elect was vocally opposed to. With the new gig-work model in place, companies are likely to try and replicate it in other states. Federal efforts to classify drivers or couriers as employees are likely to fall flat thanks to a divided congress, experts say. Visit Business Insider's homepage for more stories.
DoorDash, the U.S. food delivery startup backed by SoftBank Group, made public on Friday its regulatory filing for a listing on the New York Stock Exchange, setting the stage for a blockbuster IPO before the end of the year. Fred Katayama reports.
Voters in California look to have backed a ballot proposal by Uber and its allies that cements app-based food delivery and ride-hail drivers' status as independent contractors, not employees, according to a projection by data provider Edison Research. Emer McCarthy reports.
Tennis legends Andre Agassi and Steffi Graf spoke at the 18th edition of the Hindustan Times Leadership Summit. The stalwarts of the game spoke on their playing days and life away from the spotlight. Agassi spoke about the impact of the Covid pandemic on their lives players and tennis players across the globe. The duo also spoke about issues such as mental health, pay parity and the Andre Agassi Charitable foundation. Watch the full video for all the details.
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Slack rocketed as much as 32% higher on Wednesday after Dow Jones reported Salesforce.com is in talks to acquire the workspace-communications company. Such a deal would likely value Slack at more than the $17 billion market cap it held before shares jumped. There's no guarantee the talks will lead to a takeover, and Salesforce could target another company for an acquisition, sources familiar with the matter told Dow Jones.