Which Way, L.A.?
The Sharing Economy Meets Politics as Usual
Uber, Sidecar and Lyft are ridesharing companies based on smartphone apps nobody ever heard of five years ago. But new technologies can’t escape old ways of doing business. Silicon Valley entrepreneurs are learning: to succeed in business, you’ve got to play politics.
By Warren Olney • • 23m ListenUber, 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
In this episode
2 storiesRidesharing Companies Face Insurance Increases with AB 2293
In this last, frantic week of the legislative session, one measure that’s drawing a lot of attention is AB 2293, which changes the insurance requirements for ride-sharing companies that compete with traditional taxies. It passed the Assembly unanimously. But Uber didn’t get to be a $17 billion company by failing to pay attention.
Read the story16 minDiablo Canyon: Former Inspector Says It’s Time to Shut It Down
SoCal Edison has shut down San Onofre in Orange County, leaving California with just one remaining nuclear power plant: Diablo Canyon, on the rugged coast near San Luis Obispo. After an earthquake fault was discovered during construction 30 years ago, retro-fitting got underway on two giant reactors.
Read the story8 min
