Cabbie protesters interrupted Stephen Colbert's The Late Show interview with Uber CEO Travis Kalanick. The episode was cut short on Thursday. Drivers are accusing Kalanick of destroying their profession.
Tags: Uber
Facebook, Amazon join $300-bn Market Cap Club
The significant jump in shares of Facebook and Amazon took them into $300-billion club on 4 October. The market capitalization of Facebook soared to $303.6 billion surpassing General Electric's (GE) $299.1 billion.
Free Uber Rides thanks to Amex Centurion Lounge LGA
The US American Express Centurion is already considered as a huge step up from other domestic US lounges as they feature great decors from real hot food, complimentary beer, wine, and cocktails. And now, they decided to pair up with Uber rides with their new free rides promotion.
Lyft Officially Operates their Ride Services at McCarran Airport in Las Vegas
Ride sharing app Lyft has conquered Las Vegas as the car service is now available at the McCarran Airport. Hail as the first ride sharing car service to establish at the said new location, Lyft has snatched the first-based spot from their competitor, Uber.
Uber-like startup, Yidao Yongche receives $700M of investment
China uber-like startup, Yidao Yongche announced that the company will be receiving a huge investment from a Beijing-based company, LeTV. According to Yidao Yongche's statement, the three-year-old company is receiving investment worth $700 million by LeTv for 70 percent stake in the ride-hailing app company.
Latest News
An Oakland lawyer claims that companies in the Bay Area will soon be facing overtime-related lawsuits. These lawsuits will hit firms in the sharing economy, like Lyft and Uber.
Uber recently announced that it has allocated $1 billion to expand its operations in China. Like that is not big enough, the company will also be setting aside another $1 billion to strengthen its business in India.
Gett, one of Uber's biggest competitors, launched Monday its first big campaign against its competitor, Uber, which claims is ripping people off through its surge pricing.
Nokia bids goodbye to its digital maps business as it sells its HERE maps unit to German carmaker consortium among BMW, Audi, and Mercedes-Benz's owner Daimler, to focus on making mobile-phone network equipment.
France is rethinking its taxi laws with the rising demand for Uber and other online ride-hailing services. France's Economy Minister Emmanuel Macron says key players are meeting next month to re-examine the industry's economic model.
German auto makers consortium composed of Audi, BMW, and Daimler, parent company of Mercedes-Benz, is reportedly in the final stages of discussion to acquire Nokia HERE, the mobile company's map app, for roughly €2.5 billion or $2.7 billion.
Google's android update has been equipped with several new features taking the smart watches further up on the value chain. Android wear watches update is available with Moto 360, LG G Watch R, Samsung Gear Live, Sony Smart watch, etc. The rolling out of android wear update is being expanded gradually to other devices.
A Google subsidiary has started a carpooling program Monday in Tel Aviv. Israel-based mapping and navigation provider Waze, which was acquired by the Internet giant in 2013, will handle the project.
Google-owned online mapping company Waze is launching a carpooling pilot program in Israel where commuters pay fellow drivers a small fee for a ride to and from work.
