With a near record-setting investment announced last week, the ride-sharing service Uber is the hottest, most valuable technology start-up on the planet. It is also one of the most controversial.
The company, which has been the target of protests across Europe this week, has been accused of a reckless attitude toward safety, of price-gouging its customers, of putting existing cabbies out of work and of evading regulation. And it has been called trivial. In The New Yorker last year, George Packer huffed that Uber typified Silicon Valley’s new found focus on “solving all the problems of being 20 years old, with cash on hand.”
It is impossible to say whether Uber is worth the $17 billion its investors believe it to be; like any start-up, it could fail. But for all its flaws, Uber is anything but trivial. It could well transform transportation the way Amazon has altered shopping — by using slick, user-friendly software and mountains of data to completely reshape an existing market, ultimately making many modes of urban transportation cheaper, more flexible and more widely accessible to people across the income spectrum.
The Latest on: Ride-sharing
via Google News
The Latest on: Ride-sharing
- Tesla Needs The Bitcoin Lightning Network For Its Autonomous ‘Robotaxi’ Fleeton June 28, 2020 at 11:54 am
For Tesla'a autonomous "Robotaxi" fleet to operate as designed, it should implement Bitcoin’s Lightning Network which will serve as the primary payment rail coordinating all activity for the fleet.
- Global Ride Sharing Market 2020 – Uber, Lyft, Fasten, Haxi, Viaon June 28, 2020 at 9:49 am
The report on the Ride Sharing Market gives a foot perspective on the present continuing inside the Ride Sharing market. Further, the report likewise considers the effect of the novel COVID-19 ...
- New ride-sharing feature lets you take your dog to the pub worry-freeon June 24, 2020 at 7:00 am
Uber's pet function is rolling out nationally from today, allowing riders to be matched with drivers willing and able to transport dogs and cats.
- Researchers use AI and simulation to optimize ride-sharing earningson June 24, 2020 at 6:20 am
Researchers at Boston University propose a framework that optimizes ride-hailing earnings for drivers without negatively impacting the rider experience.
- Govt greenlights 255 vehicles to resume ride-sharing serviceson June 21, 2020 at 11:09 pm
The government has permitted 255 motor vehicles registered under 11 ride-sharing firms to resume services from Jun 21.
- Ride-sharing operators disappointed by BRTA decisionon June 21, 2020 at 11:25 am
Bangladesh Ride Sharing Association (BaRSA) has expressed disappointment at the Bangladesh Road Transport Authority (BRTA) decision to allow only 255 four-wheelers with enlistment certificates for ...
- Ride-sharing services resume with only 255 vehicleson June 21, 2020 at 6:05 am
Around three months after ride-sharing services were suspended as part of measures to control the spread of Covid-19, the Bangladesh Road Transport Authority (BRTA) decided to permit enlisted vehicles ...
- BRTA permits only 255 enlisted vehicles to give ride-sharing serviceson June 21, 2020 at 2:49 am
Only 255 cars, microbuses and ambulances would be allowed to operate under ride-sharing services from today, as Bangladesh Road Transport Authority (BRTA) decided to permit enlisted vehicles to ...
- Lyft ride-sharing company to go all-electric by 2030on June 20, 2020 at 12:50 pm
US ride-sharing and rental car company Lyft will convert its entire fleet to electric vehicles by 2030, according to overseas reports. The company says it will “aggressively promote” and “help driver ...
- Okanagan Taxi Association puts brakes on its ride-sharing programon June 19, 2020 at 5:06 pm
An association spokesperson said an early release of its ride-sharing plans caused a problematic ripple, and that they had no comment at this time.
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