California Governor Gavin Newsom and state lawmakers have come to an agreement with rideshare companies Uber and Lyft to allow drivers to join a union and collectively bargain for better wages and benefits. This compromise represents a significant step in the ongoing battle between labor unions and tech companies, with the potential for more than 800,000 rideshare workers in California to join a union while still being classified as independent contractors.

The legislative package includes measures to reduce insurance requirements for accidents caused by underinsured drivers, ultimately lowering costs for passengers. This move towards collective bargaining rights for rideshare drivers highlights the importance of empowering workers and addressing key issues such as fair pay, basic protections, and benefits.