18 stories
Parking Impasse
Former city council president Mike Ross backs Haystack parking scalping app
michael ross
While Mayor Martin J. Walsh came out hard against Haystack, the parking app that lets users "sell" access to parking spaces they're leaving, the company has found one prominent local ally who sees nothing but upside: Mike Ross, a former City Council president and mayoral candidate, and a regular Globe contributor. Read More
Sharing economy
Mayor Walsh issues statement about parking apps the day of Haystack's Boston launch
Haystack, an app that allows users to hand off parking spaces that they occupy for a $3 fee, planned its launch today in Boston despite the fact that the City of Boston is none too pleased that the company is selling a good that they don't actually own. (See update below.) Read More
Uber-sized valuation confirmed
Today Uber confirmed previous reports of a $17 billion valuation via a new funding round. Bloomberg reported the round for the ride-hailing app was led by Boston-based Fidelity Investments. The amount of the round, however, turned out to be $1.2 billion and will rise to $1.4 billion following a second close (compared to prior reports of about $500 million). "Four years in, we are just at the beginning of the Uber story," the company said in its blog post announcing the funding. Discuss
Transportation test
Test ride: Hopping Bridj from Brookline to Cambridge
Bridj's bus stop in Brookline's Coolidge Corner.
Ordinarily, you wouldn't review the dress rehearsal of a play, or the friends-and-family night of a restaurant about to open. And that's what today was for Bridj, the private bus service. The company is operating test routes this month from Brookline to Boston's Financial District and Kendall Square, Cambridge, with passengers riding free. If it was a disaster, I wasn't planning to post anything. But my trip went swimmingly — except for the journalists prowling the aisle trying to interview everyone, shooting video, and snapping pics. (I wasn't among them...) Read More