News

French taxi drivers protest Uber

French taxi drivers were part of a larger national strike in late January and ride-hail giant Uber was a target.

Yellow Cab SF announces bankruptcy

San Francisco’s Yellow Cab Co-Op, which has about 530 medallion holders, has told shareholders it plans to file for bankruptcy.

Wheelchair access kindles taxi wars in NYC

Nissan’s NV200 taxi, dubbed the Taxi of Tomorrow, is the only approved non-hybrid taxi for New York City but a competitor has emerged.

GM taps Lyft for autonomous partnership

General Motors (GM) last week invested $500 million in Lyft, the ride-hail company, announcing a strategic alliance to create an integrated network of on-demand autonomous vehicles in the U.S.

Uber runs into European roadblock

In five years, ride-hail phenomenon Uber has raced ahead of the pack, expanding to hundreds of cities in 68 countries and drawing billions in investor dollars.

Uber rivals form international alliance

In response to Uber’s dominance in the ride-hail industry, competitors San Francisco-based Lyft and China’s Didi Kuaidi have formed an international alliance to battle the industry leader.

NYC taxi industry fighting back against Uber

Ride-hail newcomer and industry leader Uber is now valued at more than $64 billion and has changed the personal transportation landscape.

Those gains, however, have come largely at the expense of a taxicab and limousine industry that is reeling. 

Uber, Lyft are changing the taxi-limo landscape

On December 30, Uber announced it had booked its one billionth trip, a Christmas Eve ride in London.

The landmark trip came five years after the company launched its first ride in San Francisco in 2010.

Uber demonstrating a philanthropic side

Tech companies often move in the fast lane. Uber is zipping past all of them.

Now valued at more than $64 billion, the ride-hail company now has a paper valuation greater than household names Kraft Foods, Delta Airlines, General Mills, CBS, Kellogg and many others.