risks in sharing economy News

Taxi Companies’ Lawsuit Against Uber in Connecticut Dismissed

Uber Technologies Inc on Thursday won the dismissal of a racketeering lawsuit by 15 Connecticut taxi and limousine companies seeking to stop the ride-sharing company from doing business in the state. U.S. District Judge Alvin Thompson in Hartford, Connecticut, said …

Individual or Corporate? Two Visions of the Sharing Economy

Google’s driverless car and Apple’s deal to buy Beats Electronics, primarily for its streaming music service, represent the latest moves in a battle between two visions of the sharing economy: One in which the goods being shared belong to the …

Ridesharing Firms Uber, Lyft Accused of Racketeering in Conn. Cab Lawsuit

Ride-sharing services Uber Technologies Inc. and Lyft Inc. were accused of racketeering in a lawsuit by Connecticut taxi and livery firms, which said the companies “prey parasitically” on established services. The services, operating without proper licenses, “cut corners illegally” and …

Chubb Sharing Economy Poll: 36% Open to Renting Others’ Homes for Vacation

More than one-third (36 percent) of Americans would rent someone else’s home for vacation, but far fewer (20 percent) would rent out their own home to others, according to a new survey sponsored by the Chubb Group of Insurance Companies. …