Author: Ziad Reslan

Freelancers rights come of age as gig economy booms

Gig workers, freelancers, sharing economy workers — call them what you want to, but the millions who drive you around in Lyfts, drop off your Seamless delivery or work on piecemeal projects from home have become a staple of the American workforce — and their numbers are only set to grow. A report out today says 56.7 million Americans worked as freelancers in the last year. That is more than 1 out of 3 of the entire labor force. For full-time employees, a whole array of protections exists to make sure they get paid, are not discriminated against and...

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Egypt and Thailand: When the military turns against free speech

Ziad Reslan Contributor More posts by this contributor Elon Musk deserves tougher love from the SEC Solve, MIT’s take on social innovation challenges, may be different enough to work Wael Abbas, a human rights activist focused on police brutality in Egypt has been under arrest since May on charges of spreading fake news and “misusing social media.” Andy Hall, a labor rights researcher, has been fighting charges under Thailand’s computer crime laws because of a report published online that identified abuses of migrant workers. You wouldn’t normally mention Egypt and Thailand in the same breath. But both countries underwent military...

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Elon Musk deserves tougher love from the SEC

Four Elon Musk tweets. One Securities and Exchange Commission lawsuit. Two settlement offers. Then some more Musk tweets taunting the SEC. While Tesla continues to prove its doubters wrong as an automotive and energy business, the ongoing social media sideshow hangs over its finances. The stock rose to $310.70 per share on Monday, after Musk agreed to settle with the SEC last weekend. But the company ended this Friday around where it had been a week before, at $261.95 per share, seemingly driven by investor fears over the chief executive’s ongoing Twitter problem. The SEC needs to help creative but impulsive entrepreneurs like Musk get off of social media and focus on building their companies—by being fair but firm. So far, it’s been too easy, and that’s setting the wrong precedent. When companies go public, they’re agreeing to put the interests of their shareholders first. Impulsive tweeting breaks that bargain. Once Musk rejected the first settlement, the SEC could have proceeded with its lawsuit and set an example. Musk’s tweets were just the kind of egregious behavior that would have been an easy win in court. The SEC wouldn’t have needed to prove any intent by Musk to defraud. It would’ve just had to prove that it was more likely than not that Musk had disclosed a materially false fact or a misleading one without context—not a high bar...

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