Currently viewing the tag: "uber"

When Convenience Isn’t Worth It

On March 27, 2015 By Zachary Altman

Technological innovation over the last decade can be summed up in one word: convenience. In a world where over half of American adults own smartphones it makes sense that companies have begun targeting these devices with their new innovations. Innovation, in today’s world, takes the form of solving problems by increasing efficiency through greater [...]

Continue Reading

Congress took another step this week in ensuring that we all have safe rides home on Saturday nights. A group of Congressional Democrats penned a letter to the CEOs of Uber, Sidecar, and Lyft demanding that the companies require their drivers to undergo more thorough background checks. This letter comes in the wake of [...]

Continue Reading

Uber’s use of surge pricing came under fire again last week when one Halloween reveler took an Uber Black (the company’s higher end option) to get a 20-minute ride home for a grand total of $362.57. When she ordered the ride, she agreed to pay “9x” the usual fare [...]

Continue Reading

Cab companies, normally at odds with each other, are banning together to combat Uber.

Uber, a ride-sharing company recently valued at $18 billion, came onto the scene in San Francisco in 2009. Five years later, the company is operating in over seventy cities worldwide. Uber is disrupting the current taxicab market with its use [...]

Continue Reading


Mobile-based ride-sharing service Uber created quite a stir this weekend, setting a new valuation record for a technology startup in a direct investment round. Injecting $1.2 billion into the San Francisco-based service, investors valued Uber at $17 billion, a dramatic increase from last year’s valuation of $3.5 billion. An [...]

Continue Reading