Taxi & FHV

Uber wins back London licence for probationary 15 months

Uber wins back London licence for probationary 15 months

Uber has won back its licence to operate in London after a judge overturned a ban. Transport for London (TfL) refused to renew the licence when it expired last September, saying the US ride-hailing firm was not a “fit and proper” operator. After a two day court hearing in Westminster Magistrates’ Court, Uber has been(…)

Uber plays nice in London licence defence

Uber plays nice in London licence defence

Yesterday, Uber began its legal bid to regain its London licence at Westminster’s Magistrates Court. In this most high-profile test of the ride-hailing app Uber will defend its right to operate in London and attempt to shed its reputation for its problematic culture and conduct under founder and former CEO Travis Kalanick. Regulator Transport for(…)

Would Uber prefer an 18 month London licence?

Would Uber prefer an 18 month London licence?

TfL stripped Uber of its licence in September 2017, and said the decision was made on the basis of “public security and safety implications” following numerous complaints the company was failing to properly screen the backgrounds of its drivers with multiple complaints of sexual assault made by women customers. Last August, Metropolitan Police Inspector Neil(…)

Is there life at Benchmark after Uber?

Is there life at Benchmark after Uber?

Is there a next act for one of Silicon Valley’s top investors after Uber? Benchmark and Bill Gurley are about to find out. Questions swirl around the venture capital firm as it prepares to raise a new fund within the next year, writes Recode. Benchmark is one of tech’s most powerful venture capital firms, and,(…)

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(…)

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(…)

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