For the last few years, ride-hailing apps like Uber and Lyft have taken off and completely disrupted the taxi industry. As we reported last month, the Chicago cab and taxi drivers union released data. It showed that there has been a 40 percent decline in...
The yellow cab industry may become extinct soon, according to Chicago cabbies. With Uber and Lyft soaring to new heights in the sharing economy, cab survival is hard to maintain. Data shared by the Chicago cab and taxi drivers union this week revealed 42 percent of...
Cybercriminals aren’t just knocking the doors of next-door banks anymore, but now seem to have a found a seat at 33,000 feet. At least so it seems with the latest cyber attack on the bank accounts of Ryanair, which just lost about $5 million in...
February 20, 2020
Steve Chen, the mastermind behind a $147 million gemcoin fraud from 2013 to 2015, pleaded guilty of his crimes of tax evasion and conspiracy to commit wire fraud, reported on Wednesday (Feb. 19). The 62-year-old California resident will face a minimum of a decade in prison, according to the Department of Justice. As part of […]
July 04, 2017
For the last few years, ride-hailing apps like Uber and Lyft have taken off and completely disrupted the taxi industry. As we reported last month, the Chicago cab and taxi...
June 07, 2017
The yellow cab industry may become extinct soon, according to Chicago cabbies. With Uber and Lyft soaring to new heights in the sharing economy, cab survival is hard to maintain. Data...