The judge found no proof that the San Francisco-based company and its top executives intended to defraud anyone by reporting an incorrect profit margin
Uber, Lyft and other app-based services spent more than $200 million on a campaign to pass Prop 22 and have said that without it, the increased costs could force them to stop doing business
The firm mistakenly said that the margins will rise by 500 basis points. (bps). The actual figure was 50 bps
Here is the list of major companies that have said they are downsizing their workforce
Uber and Lyft, both based in San Francisco, are ride hailing's odd couple
More than half of adults over 65 own smartphones, the Pew Research Center has reported. Yet among adults 50 and older, only about a quarter used ride-hailing services in 2018
The court concluded that Washington state didn't authorise the Seattle measure specifically enough