Lyft Claims Uber Sabotaged Drivers By Canceling More Than 5,000 Rides
Nitasha Tiku · 08/12/14 10:15AMUber CEO Travis Kalanick likes to talk about the unfair ways that taxi incumbents "protect their monopoly" against his popular product. But the bigger Uber gets, the more aggressive its own protectionist tactics become. CNN says new data from Lyft, a smaller rival, shows 117 Uber employees cancelled 5,560 rides with Lyft drivers around the country since last October.
San Francisco Is Treating Uber for Weed Just As Rough As Regular Uber
Kevin Montgomery · 08/11/14 04:30PMNitasha Tiku · 08/11/14 04:10PM
Here’s What BuzzFeed’s New Investors Really Think About Media
Nitasha Tiku · 08/11/14 02:15PMLast night Andreessen Horowitz, the same venture capital firm that invested in Facebook and Twitter, announced a $50 million investment in BuzzFeed that presumes the value of the company to be $850 million. General partner Chris Dixon compared BuzzFeed to Tesla, Uber, and Netflix because of its deep emphasis on technology and "world-class systems for analytics, advertising, and content management."
$470 Uber Ride Cost More Than a Ticket to a Three-Day Music Festival
Kevin Montgomery · 08/11/14 12:40PMAmerica's Entrepreneurial Spirit is Dying
Kevin Montgomery · 08/08/14 06:30PMSpaceX Sued for Laying Off 400 Workers Without Proper Notice or Wages
Nitasha Tiku · 08/08/14 04:39PMKevin Montgomery · 08/08/14 03:30PM
Women Won't Name Harassing Venture Capitalists, Even Anonymously
Nitasha Tiku · 08/08/14 03:30PMIn the past couple weeks both Forbes and Wired have published first-hand accounts of the perils of "fundraising while female." The anecdotes about harassment, discrimination, and the hassle of disproving an investor's assumptions about gender are familiar. But you won't find the name of single male venture capitalist who made these women feel compromised, harassed, belittled, or duped.
Judge Rejects Puny Silicon Valley Wage-Fixing Settlement
Sam Biddle · 08/08/14 03:01PMInvestors Treat Startup Founders Like Little Princes
Kevin Montgomery · 08/08/14 01:15PMOver 900 Authors Will Protest Amazon in Full-Page New York Times Ad
Sam Biddle · 08/08/14 12:22PMSteve Jobs Is Not Alive in Rio Unless He Became a Hunting Writer
Sam Biddle · 08/08/14 09:08AMLawsuit Says Yelp Made Millions Forcing Businesses To Hide Bad Reviews
Kevin Montgomery · 08/07/14 07:30PMThere have been reports circling of Yelp extorting small businesses for over five years. Those anecdotal stories have never been proven in court. But after the Federal Trade Commission revealed a number of complaints, shareholders are taking the company to court, claiming Yelp artificially inflated the price of stock for its executive's benefit.
Beyonce and Jay-Z Fed Their Crew Venture-Backed Grilled Cheese
Nitasha Tiku · 08/07/14 06:05PMToday I met a colleague for lunch at The Melt as part of my ongoing review of the grilled cheese chain that secured $10 million in venture capital funding in order to make more grilled cheese. Only afterward did I learn that the simple act of eating jalapeños melted into cheese melted into bread brought me one step closer to Beyoncé Knowles Carter.
High Tech Wages May "Start Triggering Inflation" In San Francisco
Kevin Montgomery · 08/07/14 03:50PMThe tech boom is bringing some undeniable benefits to San Francisco: The city's unemployment rate has dropped to just 4.4 percent, employment jumped to an all-time high, and the region has some of the fastest-growing wages in the country. But now one economist is predicting that the high salaries techies command could spur inflation.
Smiling Young White People Make App for Avoiding Black Neighborhoods
Sam Biddle · 08/07/14 02:37PMNothing Says Welcome To Our Tech Conference Like a Tower of Condoms
Nitasha Tiku · 08/07/14 02:37PMYou may never have heard of BSides Las Vegas, an annual hacker conference on information security, but they have heard of condoms. Participants in the volunteer-run event, which is sponsored by tech companies like Yelp, Microsoft, BlackBerry were greeted with a "colosseum" of condoms at the professional gathering.