July 11, 2014
Lyft Lifts Off in NY
Just two days before it’s planned launch in Brooklyn and Queens, Lyft—the ridesharing app—received word that their service is in violation of local taxi ordinances and as such is illegal...
June 06, 2014
VA Waves Bye-Bye To Uber And Lyft
In a war that has been escalating nationally and locally between ride-sharing services like Lyft and Uber that are entering and disrupting local taxi markets, The Commonwealth of Virginia has...
May 23, 2014
Uber Approaching $12 Billion Valuation
The little ride-sharing company that changed the face of transportation, Uber, is reportedly in talks to begin a monstrous $500 million dollar funding round – which, if successful, would place...
May 16, 2014
Is Uber Worth $10 Billion?
Uber, the ride-sharing service that allows mobile users to connect with a fleet of local drivers, is hoping to raise several hundred million dollars in a new funding round with...
May 12, 2014
Alibaba: The Other 550M Gorilla in Payments
While everyone in payments has been focused on another player out west whose name begins with an “A” no one has really paid much attention to the other one even...
May 07, 2014
Alibaba’s Eye-Popping IPO
It's official! Chinese e-commerce juggernaut Alibaba has filed for a U.S. IPO, and by all analyst predictions it is going to be a monster. With the filing comes many answers...
April 28, 2014
Police Targeting Uber And Lyft Drivers?
It’s not easy being an innovator, as Lyft and Uber drivers in place likes Pennsylvania and Wisconsin are finding out as the police are issuing thousands of dollars in citations...
April 22, 2014
US: FTC scrutinizes Chicago stance on ride-sharing market
The Federal Trade Commission is taking a stern look at Chicago’s attempts to regulate the city’s ride-sharing industry, warning state regulators to not harm competition as Chicago looks to preserve...
April 08, 2014
Smartphones And The Changing Face Of Tipping
When it comes to eating out, the payment part of the meal is the part that most people would like to make as invisible as possible. Calculating a tip, splitting...