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Tag: Uber

WSJ is Too Old to Appreciate Venture Capital

WSJ is Too Old to Appreciate Venture Capital

With the Wall Street Journal turning 125 years old this week, it is humorous that its tech writer, Christopher Mims, chose to dismiss the lack of “net social benefits” by venture capital (VC) in an article titled “Is Silicon Valley

Silicon Valley Still King of Venture Capital

Silicon Valley Still King of Venture Capital

Silicon Valley in northern California remained the center of the earth for venture capital in the second quarter of 2014 according to PitchBook data. Of the $21.6 billion of venture capital (VC) investment worldwide, $9 billion, or 41.6%, went into

Uber Under Assault in California State Capitol

Uber Under Assault in California State Capitol

Nothing speaks more to the sheer power of the free marketplace than innovation – and changes in the way we do business.  There may be no better example today of swift moving, fundamental change than the rise of transportation network

San Francisco to App: Curb Parking Space Auctions

San Francisco to App: Curb Parking Space Auctions

SAN FRANCISCO (AP) — San Francisco’s new crackdown on a mobile app that allows people to auction off their public parking spots marks yet another clash between innovative technologies and regulators trying to maintain law and order, public safety and

UberX, Lyft Fight Taxis, Regulators in CA

UberX, Lyft Fight Taxis, Regulators in CA

The citizen chauffeurs of UberX and Lyft are battling insurance companies, taxicabs and limousines over whether UberX and Lyft drivers should be required to obtain permits from the airports they serve as well as carry $1 million in insurance even when they

Abbott: No Common Core in Texas

Abbott: No Common Core in Texas

No Common Core in Texas is essentially what Texas Attorney General Greg Abbott said in an opinion he rendered on the use of the Common Core State Standards in the Lone Star State on June 17, 2014. Abbott’s opinion was prompted

Washington Targets Cupertino

Washington Targets Cupertino

This article originally appeared in City Journal Silicon Valley innovators love to talk about “disruptive innovation,” the iconic phrase coined by Harvard’s Clayton Christensen. But today, the innovators’ dilemma–to borrow from Christensen again–is how best to confront disruptive regulation from Washington, D.C.

London's Black Cabs Protest about Uber App

London's Black Cabs Protest about Uber App

Last week, London’s Black Cab drivers took to Westminster to block the roads in protest against the smartphone app Uber that connects users to drivers at the touch of a button. Breitbart London went along to the protest to find

VA Orders Uber, Lyft to Cease, Shift Resources to Lobbying

VA Orders Uber, Lyft to Cease, Shift Resources to Lobbying

On Thursday, the Virginia DMV sent cease-and-desist letters to ride-sharing companies Uber and Lyft, asserting that their services are illegal in the Commonwealth, according to the Hampton Virginia-Pilot. DMV Commissioner Richard Holcombe also “strongly” suggested the companies “focus their resources

Turf Wars: Uber Posts Facebook Ad to Lure Lyft Drivers

Turf Wars: Uber Posts Facebook Ad to Lure Lyft Drivers

Uber’s latest marketing ploy to attract Lyft drivers has reached Facebook.  The competition between both San Francisco-based transportation companies has Uber offering Lyft drivers $500 for taking just one trip on UberX, plus a guaranteed $35/hour through June 30. (see