ride or die Aug. 26, 2014

Company Profiting Off of the Sharing Economy Really Bad at Sharing

By Jessica Roy

Th Uber Technologies Inc. car service application (app) is displayed for a photograph on an Apple Inc. iPhone in New York, U.S., on Wednesday, Aug. 6, 2014. For San Francisco-based Uber Technologies Inc. which recently raised $1.2 billion of investors' financing at $17 billion valuation, New York is its biggest by revenue among the 150 cities in which it operates across 42 countries. The Hamptons are a pop-up market for high-end season weekends where the average trip is three time that of an average trip in New York City. Photographer: Victor J. Blue/Bloomberg via Getty Images

UBER HAMPTONS Photo: Bloomberg/Getty Images

The Verge reports that Uber has developed a complicated playbook for sabotaging its ride-sharing competitor, Lyft. The operation, called SLOG, involves requesting Lyft rides, then having Uber employees attempt to convert the drivers over to working for Uber. So much for the sharing economy.

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