Features

Americans seem to like ride-sharing services like Uber and Lyft.

Americans seem to like ride-sharing services like Uber and Lyft.

But it’s hard to say exactly how many use them. Is it 24 percent? Is it 43 percent? Answers vary. While some Americans are early adopters, it’s important to remember that new technology can take a while to become commonplace. Uber, the online force that has disrupted real-world transportation, first launched in San Francisco in(…)

New York’s ‘Taxi of Tomorrow’ is yesterdays’ news

New York’s ‘Taxi of Tomorrow’ is yesterdays’ news

It was billed as the ‘Taxi of Tomorrow’. But tomorrow didn’t last long. Cab drivers in New York are no longer required to buy the Nissan NV200 and can now choose from 30 models. In 2011, after a lengthy competition among automakers, Mayor Michael R. Bloomberg announced that the Nissan NV200 would become the ‘Taxi(…)

mytaxi, Europe’s leading taxi app, announces new management structure.

mytaxi, Europe’s leading taxi app, announces new management structure.

- Eckart Diepenhorst has been appointed acting CEO of mytaxi – Diepenhorst will be supported by Johannes Mewes (CPO), Andy Batty (acting COO), Thomas Zimmermann (CMO), Jan Sören Ramm (CTO) and Lena Dröge (People Director) – Marc Berg is the new CEO of mytaxi’s Parent Company Intelligent Apps mytaxi, Europe’s leading taxi app, earlier this(…)

Groupe Renault (RCI Bank and Services) acquires iCabbi

Groupe Renault (RCI Bank and Services) acquires iCabbi

Irish taxi software provider iCabbi gets a lift from Renault, the Irish Times reports: A subsidiary of French car maker Renault has taken a 75 per cent stake in iCabbi, an Irish company that specialises in cloud-based taxi dispatch services. RCI Bank and Services, the wholly-owned financial services provider for Groupe Renault, said the investment(…)

Taxi King’s medallions go for $170,000 apiece—and some for $250,000

Taxi King’s medallions go for $170,000 apiece—and some for $250,000

The conversion of taxi medallions from a coveted license into a distressed asset accelerated Thursday as a hedge fund paid $170,000 apiece for 131 medallions at an auction in Flushing, Queens, writes Crain’s Matthew Flamm. The winning bid came to $22,270,000. A separate pool of eight medallions sold for $2 million, or $250,000 apiece. All(…)

Uber’s goodwill campaign arrives in New York City

Uber’s goodwill campaign arrives in New York City

With momentum building in New York City to curb the growth of companies like Uber, the corporation’s CEO spent Monday recasting the Silicon Valley unicorn with the bad-boy reputation as Mr. Nice Guy. Dara Khosrowshahi, the former Expedia CEO who’s been trying to reshape Uber since replacing Travis Kalanick last summer, began the day by(…)

A charm offensive in London too – As Uber faces its day of reckoning

A charm offensive in London too – As Uber faces its day of reckoning

Back in September, London Mayor Sadiq Khan made a headline-grabbing stand against Uber: He canceled the ride-hailing app’s license to operate in the city, citing among its grounds Uber’s inadequate working conditions and failures to report sexual assault. But the ban has remained intentionally un-implemented during a long appeal process: Ubers by the thousands still ply the(…)

Foreclosed ‘Taxi King’ medallions going on the block in New York

Foreclosed ‘Taxi King’ medallions going on the block in New York

Evgeny “Gene” Freidman, once known as New York’s “Taxi King”—now better known as a potential witness against President Donald Trump’s embattled lawyer, Michael Cohen—will get a farewell from the yellow-cab industry June 14. That’s when 139 taxi medallions he once owned will go on the block at the Sheraton LaGuardia East in Flushing, Queens. The(…)

Here’s how Uber compares against Didi around the world

Here’s how Uber compares against Didi around the world

Fresh off of pulling out of Southeast Asia, Uber CEO Dara Khosrowshahi is confident that he can win in all the other markets the company is continuing to operate in. “India, Middle East, Africa, etc., we are going to be, I believe, the winning player in those markets and we’re going to control our own(…)

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