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
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The Latest on: Ride-sharing
- Saint John girl’s wish comes true during magical holiday train rideon December 10, 2023 at 5:36 am
A little girl with cystic fibrosis got a big surprise on the Believe in Wishes Train Ride. Seven-year-old Summer from New Brunswick received a gift from the Make-A-Wish Foundation.
- Chicago ride-share driver's death raises questions about safety on the jobon December 9, 2023 at 8:30 am
Advocates and the drivers themselves said they are vulnerable to carjackings and robberies because “we welcome strangers in our cars,” said Lenny Sanchez, Illinois director for the Independent Drivers ...
- Amazon's No. 1 bestselling car vac is an unreal $13 right now (over 75% off)!on December 8, 2023 at 2:09 pm
Cordless vacs can be convenient, but they don’t always have enough power to get the job done the way a dedicated car vacuum does. This one has a 110-watt motor and a 16-foot cord for getting in ...
- Ride-share driver stabbed by customer overnight on Michigan Avenue, cops sayon December 8, 2023 at 5:48 am
A ride-share driver was stabbed by a female customer who physically attack and stabbed him after becoming angry overnight on Michigan Avenue in the Near North neighborhood, Chicago police said. Police ...
- Global Ride Sharing Market Size is Estimated to Reach USD 564.20 billion by 2031, Growing at a CAGR of 20.38%: Straits Researchon December 7, 2023 at 6:50 am
The rising popularity and widespread availability of fully electric or green gas-running vehicles are also driving forces in the European ridesharing market. Thus, it is expected that government ...
- DC officials warn passengers about unauthorized ride-share provideron December 7, 2023 at 4:42 am
WASHINGTON (DC News Now) — The D.C. Department of For-Hire Vehicles (DFHV) warned District residents about an unregistered ride-share provider operating in D.C. DFHV said that EMPOWER, a ride-share ...
- VoRide, a $2-per-trip ride sharing service, launches in Volusia Countyon December 7, 2023 at 3:14 am
People can book a trip on VoRide through a mobile app or with a phone call. Wheelchair-accessible vehicles are available.
- Ride-hailing fee hikes prompt pushback in Vancouveron December 5, 2023 at 6:44 pm
The fee to be picked up or dropped off in downtown Vancouver could climb from $0.30 to $0.60 in the next two years.
- RIDE partners checked 1,290 in 2022; they are at work againon December 4, 2023 at 10:14 pm
RIDE TEAM Local police agencies teamed-up for the launch of the Festive RIDE campaign this past week. Members of the Sault Ste. Marie Police Service, Royal Canadian Mounted Police, Ontario Provincial ...
- How can you use ride-sharing services to improve public transportation?on November 27, 2023 at 4:00 pm
Ride-sharing is a form of transportation that involves sharing a vehicle with other passengers who are going to the same or nearby destinations. Ride-sharing services use mobile apps to connect ...
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