This week’s news from the Silicon Valley.

News – The UBER effect

Cab use in San Francisco plunged 65 percent in the last two years because of carsharing companies like UBER, Lyft, and Sidecar. The competition is forcing the taxi industry to evolve.

Newest – Amazon founder reaches the stars

Jeff Bezos, founder of Amazon, announced that his private space company Blue Origin will make engines for the Boeing and Lockheed Martin Atlas 5 space rockets—the first flights could be in 2019.

Next – “Thinkables” are the new wearables

A new brain-reading headset is meant to help you relieve stress. It reads the electric signals from your brain and sends them to your mobile device (and an associated App called Calm) that reminds you to stop and meditate if you’re thinking too hard.