When We Should Regulate the Sharing Economy There is much to like about the sharing economy. For many people, “gigs” are a great way to earn a living or stay financially stable while they work on t…
Musk’s Neuralink
1. Musk’s Neuralink So what is Elon Musk up to these days? On July 16, he released a brain-machine interface called Nueralink and announced it’s making progress toward its goal of wedding natural a…
Lyft and Uber Shares Fall after Uber’s IPO Debut
1. Lyft & Uber Shares Nosedive Last Friday, Uber went public on the New York Stock Exchange, debuting as one of the biggest IPOs ever. In response, Uber Technologies Inc shares fell as much as …
Uber and Lyft Go on Strike
1. Uber and Lyft Go on Strike Early this morning, Uber and Lyft drivers went on a two-hour strike across the world from New York City and Los Angeles to Canada and the UK. Uber drivers striking out…
Lyft Announces Share Price for IPO
1. Lyft Announces Share Price for IPO Lyft is going public at $62 to $68 a share. The plan is to raise $2.1B through the sale of stock, pushing the company’s value to an expected $20B. However, not…
Amazon Launches Grocery Chain
1. Amazon Launches Grocery Chain Amazon’s appetite just got a lot bigger. They’re poised to take a bite out of the grocery industry this year. The company plans to open a chain of grocery stores in…
NY Votes to Limit Uber and Lyft
1. NY Votes to Limit Uber and Lyft New York is the first city in the U.S. to set a limit on the number of ridesharing vehicle licenses and require that drivers be paid a minimum rate. The New York …
Starbucks Bans Straws
1. Starbucks Bans Straws On Monday, Starbucks reported their decision to stop using plastic straws by 2020. The straws will be replaced with lids with sipping edges that are also plastic but more e…