Tag Archives: Uber

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 …

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 — …