Singapore said on Friday it plans to regulate fast-growing third-party taxi booking services like Uber and GrabTaxi for the first time, capping fees and requiring them to dispatch only licensed cabs and drivers.
Tags: Uber
Chicago plans app so taxis can compete with Uber, ridesharing services
Chicago opened a new front in the war on ridesharing services like Uber on Wednesday, approving a plan to sponsor an app for riders to hail local cabs.
Portland, Oregon, sues to stop Uber online car service
Portland sued Uber on Monday to stop the fast-growing ride-hailing service from operating in the Oregon city until it follows local regulations.
Uber banned from operating in Indian capital after rape accusation
U.S. online ride-hailing service Uber has been banned from operating in the Indian capital after a female passenger accused one of its drivers of rape, a case that has reignited a debate about the safety of women in the South Asian nation.
Uber in talks to sell over $1 billion in convertible debt
Uber is in talks to sell more than $1 billion in convertible debt, a source familiar with the matter said, soon after the U.S. taxi service said it raised $1.2 billion in its latest funding round.
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U.S. taxi service firm Uber said it is in early talks with investors to raise money at a higher valuation than $17 billion it secured with June's round of funding, Financial Times reported on Friday citing people familiar with the matter.
The ridesharing company Uber gained ground in Las Vegas Wednesday when a District Court judge ruled against a restraining order that would have temporarily prohibited it from operating in Clark County, the Las Vegas Review-Journal reported.
Washington's city council approved a bill on Tuesday regulating app-based ridesharing companies such as Uber and Lyft in the U.S. capital, a council spokesman said.
Courts in Berlin and Hamburg upheld bans on online transportation service Uber on Friday, saying the company did not comply with German laws on the carriage of passengers.
New Orleans lawmakers cleared online for-hire car firms such as Uber on Thursday to offer luxury taxi-like services in the city, handing the fast-growing sector a partial legal victory.
Berlin has banned car service Uber, which allows users to summon a ride on their smartphone, for not offering drivers and vehicles licensed to carry passengers, or full insurance cover, the German capital said.
Venture capital firm Kleiner Perkins Caufield & Byer has agreed to invest in fast-growing messaging startup Snapchat at a valuation close to $10 billion, the Wall Street Journal reported on Tuesday, citing people with knowledge of the matter.
Ride-sharing app platform company Uber announced on Tuesday the appointment of David Plouffe as its new Senior Vice President of Policy and Strategy. Plouffe is a political strategist best known as Barack Obama’s campaign manager in 2008. He also served the White House as Assistant to the President and Senior Advisor from 2011-2013.
Uber Shanghai announced on 10 June an exclusive offer to test drive the brand new Tesla Model S for free.
