Tag Archives: Peer To Peer

Cell 411 Smartphone App is Police’s Worst Nightmare

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“The Cell 411 app lets you call on your friends or a group of trusted people if you are in an emergency situation and don’t want to involve the police.  This app has been created by activists and within no time, it has taken the world of activism by storm. It is available for iOS and Android platforms. The primary purpose of Cell 411 is to help you address emergency situations by sending alerts to your family members, neighbors, friends and anyone you trust. The feature that is being praised by users a lot is that you can notify your trusted friends and get out of emergencies without informing police and having to deal with lengthy Q&A rounds.”

Cell 411 Smartphone App is Police’s Worst Nightmare

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Flytenow Shuts Down After Court Rules Against Flightsharing Startups

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“Airplane ridesharing startup Flytenow today announced that it is shutting down after a court recently upheld the FAA’s power to regulate what does (and does not) constitute a commercial aviation operation.  This is pretty much the end of the road for services like Flytenow. Ridesharing startups like Uber were able to muscle their way into virtually every city, even when local regulations didn’t always allow them to operate there. Unsurprisingly, the FAA wasn’t going to just let this one go. Even though the Flytenow team says it plans to look into ways to appeal this decision, it seems rather unlikely that the FAA’s rules around flightsharing will get disrupted anytime soon.”

http://techcrunch.com/2015/12/22/flytenow-shuts-down-after-court-rules-against-flightsharing-startups/

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Library’s Tor relay—pulled after feds noticed—now restored

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“A Homeland Security Investigations (HSI) special agent first learned of the plan after reading Ars’ July 30 article and then forwarded it on as a heads-up to a local police officer on the New Hampshire Internet Crimes Against Children task force. That, in turn, led to a meeting between local law enforcement, city officials, and the library. (HSI is the investigative arm of the Department of Homeland Security.) Sean Fleming, the library’s IT director, told Ars before the Tuesday vote that there was ‘no pressure from the feds at all.'”

http://arstechnica.com/tech-policy/2015/09/small-town-library-restores-tor-relay-which-had-gone-dark-for-weeks/

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Banks’ ‘Uber moment’: 100,000 bankers fired in 2015

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“The analysis comes just weeks after Antony Jenkins, who until July was CEO of Barclays, warned in a speech that as much as half of banking jobs could be replaced by apps and algorithms over the next 10 years.  Jenkins’ argument rests on the rise of fintech — financial technology — startups that do things like payments, lending, and investments in a smarter, cheaper, and often faster way. Jenkins believes fintech startups will ‘disrupt’ financial services in the same way Uber has disrupted the taxi industry. That will squeeze profit margins, forcing banks to cut staff, and also force them to compete on technology, another change that will reduce headcount.”

http://www.businessinsider.com/banks-uber-moment-100000-bankers-fired-in-2015-2015-12

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Chicago struggles to auction off taxi medallions

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“Amid the rise of ride-booking services such as Uber, the city’s cab regulator has been unable to close out a sale of taxi medallions more than two years after first taking bids on them.  Back then, the city insisted on minimum bids of $360,000 per medallion, creating the possibility of a windfall worth at least $18 million for the cash-strapped city.  The failure to finish up the auction is another example of how ride-booking firms have upset assumptions about taxi medallions, which permit drivers to operate a licensed cab in the city. As consumers have shifted to Uber and Lyft, pricing for medallions has fallen and lenders that previously made loans into the market have fled it.”

http://www.chicagobusiness.com/article/20151124/NEWS10/151129923/chicago-struggles-to-auction-off-taxi-medallions

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Uber ruling may reverberate through Silicon Valley

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“A U.S. judge expanded the scope of the suit Wednesday, allowing drivers who did not opt out of an arbitration clause to participate.  U.S. District Judge Edward Chen in San Francisco granted the case class-action status in September, but said drivers who had waived their right to class-action arbitration, by not opting out of a clause, could not participate. Wednesday’s news stands to widen the scope of a case that will reverberate through Silicon Valley and the broader sharing, or gig, economy, which connects freelancers with available work and includes everything from car and home sharing to hiring workers to run errands and deliver food.”

http://www.cnbc.com/2015/12/09/uber-ruling-may-reverberate-through-silicon-valley.html

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The Rise of Airbnb’s Full-Time Landlords

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“The rise of full-time hosts is spawning a crop of startups offering support services from housecleaning to key exchange. While the unlicensed lodgings are giving a lift to local restaurants, shops and bars, they’re drawing scrutiny from city governments and driving some neighbors crazy.  Companies include Beyond Pricing, which offers software so that owners can vary rates based on supply and demand; Guestprep.com, a turndown service for hosts that replaces towels and sheets and reports back on the state of the property; Airspruce, which links hosts with professional travel writers to pen listing descriptions; and Keycafe, which allows guests to pick up keys from neighborhood cafes.”

http://www.bloomberg.com/news/articles/2015-11-10/how-airbnb-makes-property-investors-rich-despite-the-neighbors

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Hedge Fund Borrows $10M in Stock Via the Bitcoin Blockchain

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“Through a new operation it calls TØ.com, online retailer Overstock.com and its freethinking CEO, Patrick Byrne, have built a system for issuing, buying, selling, and even borrowing stocks and bonds on the blockchain.  Previously, TØ.com, an Overstock subsidiary, had used the system to issue a private bond to Byrne himself. TØ has been facilitating stock loans for the past two weeks, with five different customers borrowing stock, including Clique Fund. Tuesday’s transaction is the largest to date.  Overstock and TØ are also aiming to remake the public stock market as a whole. Their system provides a way for companies to issue stock, and it’s seeking SEC approval to do so publicly.”

http://www.wired.com/2015/10/hedge-fund-borrows-10m-in-stock-via-the-bitcoin-blockchain/

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Cab medallion owners sue NYC, blame Uber for ruining business

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“A medallion is required to operate a New York City yellow taxicab, the only type of vehicle allowed to accept passengers who hail cabs on the street. Until recently, those medallions could sell for over $1 million. Companies like White & Blue Group, one of the plaintiffs in the case, managed fleets of licensed taxicabs by leasing out the medallions. ‘With companies like Uber operating in the marketplace free of regulatory burdens… licensed taxicab drivers have left the taxicab industry in droves, choosing instead to drive for Uber,’ states the complaint.  Companies like White & Blue ‘have been forced to repeatedly slash daily lease rates to compete,’ it continues.”

http://arstechnica.com/tech-policy/2015/11/cab-medallion-owners-sue-nyc-blame-uber-for-ruining-business/

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The App That Can Help Prevent Asset Forfeiture

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“One of Waze’s most popular features is a little mustachioed head in a blue hat and dark sunglasses — a policeman. That means there’s a speed trap up ahead. On my recent trip, I reported several lurking police cars, and received dozens of in-app ‘Thanks!’ from other users. (My personal data isn’t included in Waze because I set it up with an anonymous user profile, as always.)  And that’s precisely why the National Sheriffs’ Association — the other ‘NSA’ — wants Waze banned.  Apparently it’s fine for government to know everything about you, but it’s not OK for you to know something about the government … such as where a policeman might be lurking on the road.”

http://thesovereigninvestor.com/asset-protection/app-prevents-asset-forfeiture/

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