Lyft is paying $272.5M to settle lawsuit over how it classified drivers

By Kirsten Korosec · TechCrunch · Thursday, 1 October 2026 at 21:57 (1h ago) · Original article ↗

Today, gig economy drivers are classified as contractors. This settlement clears up a lingering lawsuit from 2020 when that was still an unanswered issue.

You're reading a preview. The full article is published by TechCrunch on their website.

Read the full story on TechCrunch

Business

Kevin Mandia’s new ‘agent swarm’ security startup Armadin raises $255.5M at $2.5B valuation

Kevin Mandia, best known as the founder of Mandiant, has a new startup that is using agent swarms to test and protect enterprises.

TechCrunch 1h ago

Business

World’s first enhanced geothermal power plant completed in just 23 months

Fervo Energy completed its first power plant in less than two years. The next phases promise to connect to the grid even quicker.

TechCrunch 4h ago

Business

This startup wants to turn idle car inventory into rental revenue

When Igor Dobrianskyi looks at a car dealership lot, he doesn't see rows of cars — he sees millions of dollars just sitting there, depreciating. Come see MyMonthlyCar in the Startup Battlefield 200 at TechCrunch Disrupt, taking place October 13 to 15 in San Francisco.

TechCrunch 6h ago

Lyft is paying $272.5M to settle lawsuit over how it classified drivers

More Business & Startups

Kevin Mandia’s new ‘agent swarm’ security startup Armadin raises $255.5M at $2.5B valuation

World’s first enhanced geothermal power plant completed in just 23 months

This startup wants to turn idle car inventory into rental revenue