https://arstechnica.com/tech-policy/2020/11/california-votes-against-granting-uber-and-lyft-drivers-employee-status/

California voters decisively approved a ballot measure Tuesday allowing ride-hail services like Uber and Lyft to treat their drivers as independent contractors, not employees. With 72 percent of the vote counted, Proposition 22 is winning by a 58-percent to 42-percent margin. That's a big enough lead for the Associated Press to project its passage.

Uber's stock rose 14 percent in Wednesday trading. Lyft is up 12 percent.