San Francisco-based HiGear, a peer-to-peer car-sharing service for luxury vehicles, has been acquired. The news follows the company’s decision to shut down operations last month, after a criminal ring targeted HiGear, resulting in multiple incidents of theft involving its members’ cars. The criminals stole four cars totaling $400,000 by using stolen identities to bypass HiGear’s background… → Read More
San Francisco-based HiGear, a peer-to-peer car-sharing service focused on luxury vehicles, is shutting down due to theft incidents involving its members’ cars. According to CEO Ali Moiz, the company will send out an email tomorrow to its members with a full explanation. The news may come as a shock to some, given that HiGear was seemingly doing so well in recent months. The company had expanded… → Read More
As the Occupy Wall Street movement keeps growing, many of the issues raised by the protestors continue to gain support from the average American. In particular, the erosion of the middle class due to job losses and the increasingly large income gap have become key issues in the 2012 presidential elections.
At the moment, Wall Street and big corporations are getting the lion’s share of blame… → Read More