4. In 2014, several young consumer tech companies are poised for explosive growth — and some will announce plans to go public. From taxi-hailing to ride-sharing to cloud-hosting and mobile payments, these new businesses are using the Internet and mobile devices to challenge entrenched industries. Upstart firms like Uber and Lyft are changing the way people travel in cities, disrupting incumbent taxi companies. Airbnb is challenging the hotel business model — and encountering pushback in some states. TaskRabbit has created a new online market for everyday tasks like mowing the lawn. Dropbox is making cloud storage and sharing accessible to the masses. Square is leading the booming mobile payments space.
Read more: 2014 in Tech: Apple, Aereo, IPOs, NSA and Net Neutrality | TIME.com http://business.time.com/2014/01/03/the-6-most-important-tech-bombshells-coming-this-year/#ixzz2pWWM7Z6C