This week has been a rough one for Airbnb: New York Attorney General Eric Schneiderman issued a disparaging report of the company and New York City Mayor Bill de Blasio’s office filed a lawsuit against landlords operating illegal hotels through Airbnb. Read More
By Polly Mosendz 10/17 1:44pm
In the public meeting, a number of industry professionals, including drivers, Uber and Lyft executives and technology industry advocates, took the floor to express their often very heated opinions. Read More
Yellow Cab Medallion Owner Hit With $1.6 Million TLC Fine Has a Police Record Including Public Nudity
By Polly Mosendz 8/19 4:00pm
The strangest charge of all came on February 5th, 2008. Mr. Garber was arrested on Shady Tree Lane in Colts Neck, New Jersey after he stripped down to his underpants, hosed himself off in a neighbor’s yard, then strolled into the neighbor’s home and took a shower. The homeowners and their two young children panicked and escaped the scene to call authorities. He was charged with burglary, criminal mischief and trespassing. Read More
This morning, Lyft accused Uber employees and recruiters of ordering and canceling over 5,000 rides as an act of sabotage. Uber has since spoken out, not only calling it “untrue,” but saying that Lyft is the real perpetrator, and has done the same thing to them almost 13,000 times.
Over the course of the Read More
By Polly Mosendz 8/12 8:17am
Though Brooklyn is a front runner for hosting the 2016 Democratic National Convention, they are falling short on lodging requirements. With millions in economic impact on the line, Brooklyn Democrats may need to get creative when it comes to temporary housing. Perhaps they could call on longtime rival Airbnb. Read More
A few hundred people sat in the summer heat in Central Park last night, waiting for tickets for the Public’s opening night of their production of “King Lear,” when they were approached by a young woman with a clipboard.
“Would you like to sign a petition saying you support Airbnb in New York City?” she asked, going one by one.
“Support what, exactly?” asked the first person she approached.
“Oh, you know, like the service Airbnb provides, and just what we’re doing,” she said, obviously lacking an aggressive, prepared script.
One by one people signed a petition saying they supported “AirbnbNYC,” and why not? The vague, upbeat language — asking for an endorsement without a clear mission statement — seemed entirely unobjectionable. Read More
By Polly Mosendz 7/11 1:48pm
Lyft, the e-hailing service prompting ride sharing, was set to launch this evening despite major pressure from the Taxi and Limousine Commission and Department of Financial Services. However, their future in the city is now even more uncertain. Lyft is the least expensive of the e-hailing taxi services, even undercutting UberX’s recently lowered prices. The service is known for the giant pink mustaches they put on their drivers cars and launched in San Francisco two years ago. Read More
By Polly Mosendz 7/09 2:29pm
It seems Uber has created the perfect storm, and the city’s medallion managers would be shaking in their boots. However, that is not the case. Read More
By Polly Mosendz 6/16 10:36am
Market Prophit generates an accuracy score for each Twitter user chiming in on the market conversation and creates charts about the larger digital dialogue–like a Klout score. Users can compare themselves to financial pundits, Jim Cramer’s tweeted market predictions prove quite accurate, and compete amongst themselves for the best accuracy ranking. Alternatively, traders can use the real time charts about market chatter to make their trades. Read More
By Polly Mosendz 6/13 3:08pm
At last night’s FinTech Cup, there were two stand out competitors harnessing the power of social media for the greater good of financial technologies: Open Folio and Market Prophit. Read More