Morning links — October 2, 2026
California says Lyft will pay $272.5M to resolve driver-pay claims <California Labor Commissioner>
The state calls it its largest wage-and-hour settlement; 87% is slated to go directly to drivers over alleged 2016–20 violations, before Proposition 22 changed the rules.
Reddit is closing the free pipes to its data <TechCrunch>
RSS ends November 13 and public API access in March 2027; meanwhile, Reddit’s “other revenue” rose 24% to $43 million as licensing grows—leaving moderators, researchers and third-party tools to find another route in.
Bending Spoons’ acquisition machine lifted revenue to $1.31 billion <Euronews Next>
Most of the company’s revenue jump since 2023 came from acquisitions, while subscriptions supplied 84% of first-quarter sales; the roll-up still has to keep users through post-deal changes.
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