NYC Mayor Mamdani announced support for the Delivery Protection Act, which would restrict the use of contractor labor for last-mile delivery services in the city. Amazon has already begun opposing the measure.
Mayor Mamdani's endorsement marks a significant push toward labor protections in New York's gig economy. The Delivery Protection Act targets the widespread use of independent contractors by major delivery platforms, particularly for final-leg package deliveries.
Amazon's resistance underscores the tension between established logistics models and proposed worker safeguards. The company has built its delivery infrastructure heavily on contractor relationships, allowing flexibility while reducing direct employment obligations.
The measure would require companies to treat delivery workers differently, potentially increasing operating costs for major platforms. Supporters argue the act protects workers from wage theft, unsafe conditions, and lack of benefits.
Details on the bill's specific requirements and implementation timeline remain unclear. The move reflects growing momentum among city officials to regulate gig economy practices, following similar efforts in other major cities.
GameStop is abandoning its acquisition pursuit of eBay in favor of a potential partnership, according to sources briefed on the company's strategy. CEO Ryan Cohen could leverage GameStop's 1,600 US stores to provide eBay with physical retail presence.
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DeepX CEO Lokwon Kim detailed the chip designer's business strategy and announced new funding in a Bloomberg interview, signaling continued investment in the semiconductor sector.
Google co-founder Sergey Brin has donated an additional $20 million to Building a Better California, bringing his total contributions to $102 million in opposition to California's proposed wealth tax.