The Sharing Economy Meets Politics as Usual

Uber, Sidecar and Lyft are ridesharing companies based on smartphone apps nobody had ever heard of five years ago. But new technologies can’t escape old ways of doing business. The Public Utilities Commission may be drawing up regulations, but that hasn’t stopped trial lawyers, the insurance industry and traditional taxi companies from asking Sacramento for new laws. Silicon Valley entrepreneurs are learning: to succeed in business, you’ve got to play politics.

Also, will California's last nuclear power plant be shut down?

Banner Image Credit: Pkg203