Tag Archive US news

ByCab4Now.com

Uber reveals plans for flying taxi to bypass road traffic congestion

Uber has unveiled plans for a flying taxi at the Consumer Electronics Show in Las Vegas. The ride-sharing company on Tuesday showed off a full-size mock-up of the electric plane concept vehicle created with South Korean carmaker Hyundai, as it seeks to fly above traffic rather than add to it.

Uber wants to offer aerial ridesharing, allowing a pilot and three passengers to take city trips of up to 60 miles at a speed of up to 180mph. Resembling a winged helicopter and featuring four propellers, Uber and Hyundai joined forces to design a personal air vehicle, or PAV, which can take off and land vertically.

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ByCab4Now.com

Too big to fail? Tech’s decade of scale and impunity

Towards the end of the last decade, two American social networks – Facebook and MySpace – were locked in a battle to conquer the rest of the world.

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ByCab4Now.com

Uber passengers reported over 3,000 sexual assaults last year, report says

More than 3,000 Uber passengers reported sexual assaults in 2018, the ride-sharing company revealed in its first-ever safety report on Friday. Nine passengers were murdered and 58 riders were killed in crashes last year, the report said.

These incidents represent just a fraction of the more than 1.3bn rides Uber facilitated in the US in the past year, but they come at a time when the company is increasingly under scrutiny for worker and rider safety conditions.

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ByCab4Now.com

Uber loses licence to operate in London

Uber has lost its licence to operate private hire vehicles in London, after authorities discovered that more than 14,000 trips were taken with uninsured drivers.

Transport for London announced the decision not to renew the global ride-hailing firm’s licence at the end of a two-month probationary extension granted in September.

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ByCab4Now.com

Uber to allow audio recording of rides, aiming to launch feature in US

Uber will allow passengers and drivers in Brazil and Mexico to record audio of their rides as it attempts to improve its safety record and image, and eventually it hopes to launch the feature into other markets including the United States.

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ByCab4Now.com

Travis Kalanick, controversial ex-Uber CEO, cashes in $547m of shares

The Uber co-founder and former chief executive Travis Kalanick is cashing in more than half a billion dollars of his stake in the ride share app, months after the company went public.

After the end of the so-called “lockup period”, a 180-day restriction on inside and early investor sales, came to an end on Wednesday, Kalanick sold more than 20m shares, according to a financial filing submitted to the US Securities and Exchange Commission on Friday.

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