27 Dec '12, 5pm

The top six business of technology stories of 2012 (Why six? Why not!): Facebook went public, Bitcoin went mains...

The top six business of technology stories of 2012 (Why six? Why not!): Facebook went public, Bitcoin went mains...

Back in June I heard about two San Francisco startups—Lyft and SideCar—that had similar business models. By the next month, I became a driver for both companies . Both companies allow individuals armed with smartphones to moonlight as not-quite-taxi drivers. Then, potential passengers can pop open their own app and request a pickup from whatever point in San Francisco they like. Payment is all handled within the app via credit card. It's sort of like Uber, except for those of us that don't need to travel by black car. However, state regulators (to say nothing of the incumbent taxi industry) haven't taken too kindly to these companies.

Full article: http://arstechnica.com/business/2012/12/the-top-6-busines...

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