Yesterday, the district attorneys from San Francisco and Los Angeles sent letters to Uber, Lyft, and Sidecar threatening potential legal action, including an injunction to their service unless they make "major changes" regarding background checks and pricing. So where's the usual bombast and bluster about antiquated laws and taxi cartels?
When you can afford something like this, why not turn down $3 billion? Ha ha, joking, that's still baffling. At least Bobby Murphy, the other, 25-year-old, slightly less Machiavellian guy behind Snapchat, can ponder his business moves in a new, $2.1 million, ultra-modern Venice Beach fortress. [via Curbed]