Tag Archives: Uber

Uber Wins Battle Against NYC

Via USA Today: A proposed cap on Uber and other for-hire vehicles in New York City has been put on ice after the $40 billion start-up agreed to “not flood the streets” until questions about the impact of its growth on traffic can be determined. A bill to limit Uber and other for-hire taxis had been slated to go to …

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COURT: Uber Drivers Are Employees

Via USA Today: In a ruling that could significantly raise costs for ride-hailing companies like Uber and Lyft, the California Labor Commission ruled this week that a driver who filed a complaint against Uber Technologies was an employee, not an independent contractor. The driver, Barbara Berwick, was awarded a mere $4,152 — chump change for Uber. But the technology giant …

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NEW YORK CITY: Uber Temporarily Undercuts Fares Of Yellow Cabs

Uber has temporarily slashed its rates to just below those of New York City’s licensed yellow cabs. “UberX is now cheaper than an NYC taxi,” Uber proclaimed on its website on Monday. “From Brooklyn to the Bronx, and everywhere in between, UberX is now the most affordable ride in the city.” The move — an aggressive bid to capture an …

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Angry Cab Drivers Gridlock Major European Cities In Protest Over Uber App

Via the Guardian: Several major European cities ground to a halt on Wednesday as licensed taxi drivers took to the streets in mass protests against the smartphone taxi app Uber. Demonstrations in London, Paris, Madrid, Barcelona, Berlin, Milan and Rome caused travel chaos and long tailbacks, as taxi drivers protested against the app, which they argue is unregulated and threatens …

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Uber App Is Now Worth $18B

Only four years after its launch, the company behind the car service app Uber is now worth more than Avis and Hertz combined. Via Forbes: Uber’s meteoric rise has led to a recent round of valuation-guessing, which started at $12 billion and edged up to Friday, when the Wall Street Journal reported the company said it’s raising $1.2 billion — …

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