*By Amanda Weston and Bridgette Webb*
New York City's decision to institute [a minimum wage for drivers of ride-hailing apps like Uber and Lyft](http://fortune.com/2018/08/08/new-york-freeze-ride-sharing-vehicles-minimum-wage-lyft-uber/), will be a boon for drivers, and may prompt other cities considering how to handle the rise of for-hire vehicles to act similarly.
"It's a very big win ー huge," said Aziz Bah, a steward for the Independent Drivers Guild and an Uber driver. "We have been fighting for the longest \[time\]."
The City Council [approved a package of rules](https://www.nytimes.com/2018/08/08/nyregion/uber-vote-city-council-cap.html) Wednesday that included a guaranteed minimum wage for drivers and a one-year cap on most new licenses, so the city can study the effects of the industry's explosive growth.
"The most positive thing for drivers is the pay floor, which amounts to a 22.5 percent raise in overall take home pay," Bah said Thursday in an interview with Cheddar.
Uber opposed the Council's rules, saying it would make rides less reliable and more expensive. Bah said the new rules should be a clear message to the ride-hailing companies.
"Treat drivers better," he said. "Because no one is making any legislation or rules with the drivers' livelihood in mind. We want these guys to finally put the drivers first."
The popularity of the wage guarantee [among drivers](https://www.nytimes.com/2018/08/06/nyregion/taxi-and-uber-drivers-are-united-in-backing-a-cap-on-ride-hail-vehicles.html) and the willingness of a city the size of New York to act may embolden other cities, said Alison Griswold, a reporter at Quartz.
"\[Seattle\] passed legislation that allowed drivers to unionize, which is still tied up in litigation, and there's also been interest among the city officials for raising the wage for Uber drivers," Griswold said Thursday in an interview with Cheddar. "So, you could see a city like Seattle picking up what New York has done on setting a wage floor. Then in San Francisco there's a lot of talk about congestion and how things have gotten worse for just everyone in the city driving around."
It remains to be seen how the cap on new licenses will affect traffic.
"We'll just have to wait to see," said Griswold. "It was widely opposed by transit advocates and editorial boards across the city. It's for a year. And you know, with the subway the way it is, I think everyone wants as many transit options as possible."
For more on this story, [click here](https://cheddar.com/videos/nyc-pumps-the-brakes-on-ride-hailing).
Rapper and singer T-Pain is teaming up with Google this holiday season to encourage shoppers to support Black-owned businesses on Black Friday. Stephanie Horton, the director of marketing for Google Shopping, joined Cheddar to provide some details about T-Pain's new song, featuring Normani, in a new shoppable interactive film for the promotion. She also explained how Google worked with local artists in various states to create shoppable murals, where products seen in the artwork are discoverable online by simply pointing your camera at it.
Jill and Carlo cover the developing story out of suburban Milwaukee, where a speeding SUV careened through a Christmas parade. Looters get more brazen in San Francisco, the missing Chinese tennis star resurfaces, and more.
Alternative asset, sports cards-focused platform Alt recently raised $75 million in a Series B round. Alt's platform lets users research, trade, and securely store sports cards and other high-value assets. Right now, the company has more than $70 million worth of cards in its vault. The company is also hoping to get into other assets, including NFTs. Alt CEO Leore Avidar joins Cheddar News' Closing Bell to discuss.
Michael Tubbs, former Mayor of Stockton, California and author of 'The Deeper the Roots,' joined Cheddar Movers to talk all about his new memoir, and his ongoing fight to make meaningful change in his community.
Streaming platform Roku announced plans to develop more than 50 original shows in a bid to become a destination for free content amid growing competition in the space. Shelly Kramer, co-founder and lead analyst at Futurum Research, spoke to Cheddar about the new offering "The transition here from hardware to adding a software component by way of original content, I think is smart," she said. "And it's all about the Benjamins." Kramer also noted that she doesn't necessarily think Roku is entering the content game too late.
Ameeth Sankaran, CEO of the emmy-winning media company Religion of Sports, joined Cheddar to talk about the "Man in the Arena: Tom Brady" docuseries that premiered on ESPN+ earlier this week. Sankaran noted Brady and former NFL star Michael Strahan as co-founders and discussed the origin of the company and its goal to tell stories about sports figures beyond their roles on the court or field.
The behind-the-scenes story of HBO's history is chronicled in the new book 'Tinderbox: HBO's Ruthless Pursuit of New Frontiers.' The book tells the true story of how HBO came to dominate the television industry as we know it. The man behind the book has interviewed over 700 key sources to uncover a bottomless trove of secrets, surprises, and never before heard stories. James Andrew Miller joins Cheddar News to share more.
In an all-new podcast, one sports journalist takes listeners through never-before-heard tapes of a teenage Kobe Bryant as he explores his thoughts, his dreams, his goals at the start of his path to becoming an NBA icon. Journalist at the Philadelphia Inquirer and host of the podcast, "I Am Kobe" from Diversion Podcasts Mike Sielski, joined Cheddar to discuss more.
As the world of trading in cryptocurrency gets more popular experts say competition in the space could get bigger within the next year. CEO of Onramp Invest Tyrone Ross, joined Cheddar to discuss more.