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Posts Tagged ‘chicago’

Pangea raised $180m to buy up low-rent Chicago properties “to help poor people,” and then created the most brutally efficient eviction mill in Chicago history

Pangea was founded by Al Goldstein, a Deutsche Bank investment banker who quit to found a massive, intercontinental payday lending outfit; he tapped the investors that he enriched with his payday lending business to stake him $180 million and bought up thousands of low-rent buildings in Chicago's poorest neighborhoods (which are also Chicago's blackest neighborhoods).

Pangea ...

Uber drivers across America are going on strike

On May 8, Gig Workers Rising is organizing a nationwide shutdown of Uber, with drivers turning off their apps in protest over low pay: so far, seven cities' drivers are signed up: Philadelphia, Chicago, San Francisco, San Diego, Minneapolis, LA and DC. Uber and Lyft have both slashed pay for drivers and raised ...

Snow in Chicago this close to May is unusual, but we’re getting numb to abnormal weather

04.27.2019 · Posted in Technology Articles

Yes, it is snowing in Chicago and other parts of the Midwest. Yes, it is April 27 — a mere four days until May. Yes, people are heading to Twitter and social media to freak out.  And finally, yes, we'll forget our shock as soon as the next... ...

Beyond Meat files for a public offering

Beyond Meat, the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has filed for an initial public offering. The company is looking to raise roughly $200 million in the stock sale for its portfolio of burger, chicken and sausage replacements, selling 8.75 million shares of common stock at an ...

100 Car2go Mercedes hijacked in Chicago crime spree

Car2go, free-floating car-sharing service owned by Daimler, temporarily shut down its service in Chicago on Wednesday after dozens of Mercedes-Benz vehicles were stolen using the app. The Chicago Police Department was alerted by Car2Go that some of their vehicles may have been rented by deceptive or fraudulent means through a mobile  app, a spokesperson wrote in ...

The Exit: an AI startup’s McPivot

Five years ago, Dynamic Yield was courting an investment from The New York Times as it looked to shift how publishers paywalled their content. Last month, Chicago-based fast food king McDonald’s bought the Israeli company for $300 million, a source told TechCrunch, with the purpose of rethinking how people order drive-thru chicken nuggets. The pivot ...

YC alum Keeper raises $1.6M to help gig workers pay taxes

Matrix Partners has backed one of Y Combinator's recent graduates. ...

Chicago is demanding that children on bail wear private-sector ankle-cuffs with mics that can record them without their consent

Children who end up caught in Chicago's policing and justice system are being outfitted with ReliAlert XC3 GPS ankle-cuffs supplied by the Track Group, who use them to log children's movements and to bark orders at them, as well as listening in on them. The children have to wear them 24/7 while on bail awaiting ...

Chicago’s first ***, Black, woman mayor won all 50 precincts, defeating the machine candidate with an anti-corruption campaign

Lori Lightfoot is Chicago's newest mayor, succeeding the notoriously corrupt establishment figure Rahm Emmanuel (who quit after two terms, triggering a race), and beating out Cook County Board President Toni Preckwinkle, who had been anointed by Chicago's legendarily unassailable Democratic machine as the next mayor.

Lightfoot -- who is Black, *****, and a woman -- ...

Free to a good home: 70 washed, empty cans of Popeye Spinach

Are you in Chicago? Do you want 70, washed, empty Popeye Spinach cans? Craigslist has you covered: "Stacked in a pyramid, they look like a modern art masterpiece one might find at the Museum of Contemporary Art. I ate a bunch of spinach years ago and never threw the cans away, if you’re ...