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BOSTON, Feb. 2, 2021 /PRNewswire-PRWeb/ Blackbird Technologies settles with ELB Electronics, Inc.
In 2015, Blackbird Technologies filed a patent infringement lawsuit in the United States District Court for the District of Delaware (15-cv-00056), concerning LED retrofit bulbs for fluorescent lighting fixtures. This technology is ubiquitously used to replace fluorescent tube bulbs in commercial and residential spaces. The patent at issue is United States Patent No. 7,086,747. After almost six years of litigation, including a successful appeal to the Federal Circuit to reverse a claim construction, Blackbird Technologies settled the case with ELB.
Wendy Verlander, President and CEO of Blackbird Technologies, stated, After so many hard-fought years of litigation, we are pleased that this case has come to a successful conclusion.
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In November’s election, it was easy for investors to have overlooked another voting matter: California’s Proposition 22. On election day, the state’s voters passed a ballot measure allowing ride-hailing companies to categorize workers as contractors rather than full-time employees.
This is a massive win for Lyft.
That’s because it creates a roadmap for the company and its competitors to build out a gig economy workforce. Under the new rules, workers now have access to a “middle-path” employment status that gives part-timers guaranteed minimum payments, healthcare, occupational insurance and life insurance benefits.
The news comes at a pivotal moment for Lyft. Unlike its larger competitors, Lyft stayed in ride-hailing instead of diversifying into food delivery. That meant its ride-sharing business suffered far more during the pandemic revenue shrank from $867 million in the second quarter of 2019 to just $339 million in Q2 o