Lyft has already been declared illegal in New York City.
Lyft has already been declared illegal in New York City . The city's taxi commission is threatening to impound driver's vehicles, saying the e-hailing startup hasn't complied with "safety requirements...
View ArticleSocial Network With No Revenue or Assets Somehow Worth $4.75 Billion
Perhaps CYNK is proof that we're in a tech bubble. Or maybe investors are getting taken for a ride. Either way, a Belize-based "social networking" startup that has no assets, no revenue, no members,...
View ArticleMonkeyParking has given up fighting San Francisco.
MonkeyParking has given up fighting San Francisco. After City Attorney Dennis Herrera deemed the parking spot auctioning startup illegal , MonkeyParking initially refused to shut down. Now they're...
View ArticleNot Even Diane von Furstenberg Can Pull Off Google Glass
What does it tell you that DVF—one of the most elegant, fashion-savvy style geniuses of our time, a woman with enough foresight to literally invent a new kind of dress—looks dumb with a face...
View ArticleThe Wall Street Journal was supposed to have the last word on the GitHub...
The Wall Street Journal was supposed to have the last word on the GitHub harassment allegations , but Julie Ann Horvath claims the story pivoted after cofounder Tom Preston-Werner resigned. For a look...
View ArticlePaleofuture Happy Birthday Nikola Tesla | Defamer Some Dawn of the Planet of...
Paleofuture Happy Birthday Nikola Tesla | Defamer Some Dawn of the Planet of the Apes Scenes Were Directed Over Skype | Regressing LeBron Would Be Nuts To Stay In Miami, Because Dwyane Wade Is Dead |...
View ArticleGoogle Spokesman Clarifies That Google Glass Cannot Read Your Mind
British hardware hackers have developed a grotesque appendage for Glass that claims it can read your mind. MindRDR monitors brainwaves, allowing wearers to take pictures by sheer concentration.Read...
View ArticleBarry Diller, chairman of IAC, which owns Tinder, isn't sweating the sexual...
Barry Diller, chairman of IAC, which owns Tinder, isn't sweating the sexual harassment suit . "We've been doing an internal investigation that is not yet complete, but so far has not given us any...
View ArticleThe Sun Valley "Summer Camp for Billionaires" Is Boring as Hell
Several centuries ago, executives behind the AOL-Time Warner deal met in private at the annual Sun Valley oligarch conference to plot their own demise. To this day, business reporters are still flown...
View ArticleCleveland Cavs Owner Who Snagged LeBron Just Invested in Rap Genius
Cleveland Cavaliers owner Dan Gilbert must have the hot hand. The Comic Sans-loving billionaire just won the dramatic toss up for LeBron James. Gilbert also boxed out other investors for a spot in a...
View ArticleLyft Slapped With a Restraining Order Ahead of New York City Launch
Lyft's east coast expansion is already hitting serious legal traffic. Despite billing itself as the savior of New York City , the city's tax commission was quick to declare the e-hailing startup...
View ArticleCharlie Gasparino Had a Sun Valley Adventure!
Fox Business correspondent Charles Gasparino made quite an impression at Allen & Co.'s rural schmoozefest this week. Both on Twitter and in an on-air segment, Gasparino complained about being...
View ArticleYahoo Gives Up Hope
Yahoo, the last living fossil of the internet dinosaurs, is coming to grips with its own mortality. The lumbering tech giant once bought 48 acres of land in Santa Clara for a massive office expansion....
View ArticleFemale Yahoo Exec Sued By a Female Employee for Sexual Harassment
Maria Zhang, a top executive at Yahoo, is being sued for sexual harassment, wrongful termination, and intentional infliction of emotional distress. The complaint was filed today by Nan Shi, an...
View ArticleSecret, the anonymous gossip app, just raised $25 million in venture cash.
Secret , the anonymous gossip app, just raised $25 million in venture cash. According to the New York Times, this values the company at over $100 million.Read more...
View ArticleEx-CEO Who Pled Guilty to Domestic Abuse Proudly Launches New Startup
Over the weekend, Gurbaksh Chahal, the former RadiumOne CEO who was fired after pleading guilty to domestic violence, published and then deleted a blog post (printed below). In it, the raving...
View ArticleInvestor Fred Wilson on how the underdog becomes the overlord: "The same...
Investor Fred Wilson on how the underdog becomes the overlord: "The same could be said of Google, Twitter, YouTube, SoundCloud, Uber, and all of the dominant networks that are emerging around us. From...
View ArticleFox's Charles Gasparino Admits He Was Kicked Out of Sun Valley
Charles Gasparino , the surly bull market bruiser of Fox Business News, managed to get kicked out of this summer's dullest event . But he doesn't care: the whole thing "wasn't worth going to"...
View ArticleSean Parker Cozies Up to Republicans
Now that former Facebook president Sean Parker has his billions from Silicon Valley, he's tackling DC next, funneling cash to politicians that specialize in "compromise." And in Parker's mind, those...
View ArticleGoogle in 2007: Super Afraid of That Little Company Called Facebook
The pending Silicon Valley wage-fixing settlement is a dud, but the upshot is a trove of private executive emails put into the public record. New court documents show the leadership at Google in a fit...
View Article