Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
November 5, 2019 06:22 pm

Uber thinks its a good thing for cities, but cities are having second thoughts


NYC First Major City To Attempt To Cap Number Of Ride-Hailing Services

Photo by Spencer Platt / Getty Images

In a recent call with investors, Uber CEO Dara Khosrowshahi offered what could be considered a mea culpa to the cities the company ran roughshod over in its early days as a brash, rule-breaking tech startup.


“Listen, we’re just this company that grew very fast,” he said on Monday. “And in the early years, the most important factor [was] speed-to-market, who got there earliest and scaled the fastest.”


But cities that were initially caught flat-footed by Uber aren’t sweating it. If anything, it’s the company that may be sweating as cities have become more adept at making Uber pay for its past and present transgressions. A report released this week helps bring into sharp focus how cities around the world are cracking down on Uber, Lyft,...



Continue reading…




Original Link: https://www.theverge.com/2019/11/5/20947737/uber-lyft-cities-congestion-pollution-income-inequality-nyu

Share this article:    Share on Facebook
View Full Article

The Verge

The Verge is an ambitious multimedia effort founded in 2011

More About this Source Visit The Verge