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Firms ask SEC’s permission to give stock to gig workers (San Francisco Chronicle)

October 22, 2018

The San Francisco Chronicle reports gig economy firms, including Uber and Postmates, have written to the Securities and Exchange Commission, urging it to revise rules so they can grant gig workers with stakes in their companies. However, some allege this could discourage gig workers from pursuing other rights, including whether they should be reclassified as employees rather than contract workers. Separately, Fortune reported Uber is rapidly expanding plans to use drones for food delivery, citing a Wall Street Journal article.