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Gig economy and autonomous vehicle analysis: Uber, Lyft, DoorDash, Tesla, Waymo, and the race for autonomous mobility.

Tag: regulation

Government regulation of technology and business.

Lyft Fined $10 Million Over Icahn-Soros Deal

Lyft Inc. has settled a $10 million fine with the SEC for not disclosing a board director's role in a share sale involving billionaires Carl Icahn and George Soros, just before the company's 2019 IPO. The director, identified as Jonathan Christodoro, helped Icahn sell a 2.6% stake in Lyft to Soros at a discounted rate. Christodoro reportedly received fees for the deal and resigned from Lyft's board at the time of the transaction. The case raises questions about Lyft's transparency and disclosure practices.

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23andMe Data Scraping Incident Raises Concerns Over Genetic Privacy

The recent data scraping incident at 23andMe has reignited concerns over the privacy of genetic data stored online. While 23andMe assures that the claims are "unsubstantiated," the fact remains that user data is up for sale. Despite recommendations for strong passwords and two-factor authentication, it's clear that these security measures are not foolproof. This follows a similar incident in 2018 involving MyHeritage, highlighting the ongoing risks of storing sensitive genetic information online.

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WHO hired company to copy Moderna

The World Health Organization has hired the company, called Afrigen Biologics and Vaccines, as part of a $100 million plan to figure out how to make an mRNA vaccine against COVID that is as close as possible to the version produced by Moderna.As to why WHO has chosen to try to copy Moderna rather than the other mRNA COVID vaccine, which is made by Pfizer BioNTech, Friede says the choice was practical."Moderna has reiterated on several occasions that they will not enforce their intellectual property during the pandemic," says Friede

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DoorDash v San Francisco

Last Friday, the city rejected allegations that its cap of fifteen percent on the commissions that third-party food delivery service platforms charge independent restaurants contravenes state and federal law

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