Uber Delhi: Company looks to improve security ahead of hearing December 29, 2014 Uber is upgrading the precautions it takes when operating in India as it battles to be allowed to restart operations in Delhi. The company should find out its fate soon, with a hearing scheduled for today. The company has been under fire in the country since a Delhi woman was alleged to have been [...]
Uber apologises for Sydney siege surge pricing December 24, 2014 Uber has apologised for the sharp rise in prices that occurred in the midst of the Sydney siege. Uber's prices quadrupled thanks to a massive surge in demand during the crisis that resulted in the deaths of three people. The taxi app's surge pricing policy is triggered automatically by way of an algorithm. On the [...]
Addison Lee chief executive slams TfL over Uber’s rapid entry into London taxi market December 23, 2014 Addison Lee's chief executive Liam Griffin has slammed Transport for London (TfL) for allowing Uber such an easy entrance into the London transport market. Speaking to the Evening Standard, Griffin said TfL had "bottled" it and accused the regulator of "letting down" black cab drivers. He argued TfL was failing to enforce rules and regulations [...]
Xiaomi could be worth more than Uber, Twitter, LinkedIn and Netflix after $1bn investment round December 22, 2014 A Beijing-based company which has become the world’s third-largest smartphone maker in the space of four years is now said to be worth more than the likes of Uber, Twitter, LinkedIn and Netflix after its latest funding round. Xiaomi has raised $1bn (£640m) from a host of investors, valuing the firm at more than $45bn, [...]
Taiwan could ban Uber for “illegal” operations December 22, 2014 What do Spain, Thailand, Colombia, France and the Netherlands have in common? All have taken action against Uber services – including banning the taxi app outright – and Taiwan could be the latest to follow suit. Uber faces a possible ban in Taiwan after the country’s Ministry of Transportation and Communications (MOTC) revealed [...]
From Quindell and Gotham City to Uber and the LDTA – five of the biggest business battles to watch out for in 2015 December 22, 2014 Rival camps have banded together, the lines are drawn, battle armour is on and adrenaline is running high. All that's left for spectators to do is grab some popcorn and watch from the ringside. From rival estate agents, to a business targeted by a Batman styled US fund and an influx of tiny new banks [...]
Four ways Uber promises to improve passenger safety in 2015 December 18, 2014 Uber has pledged to improve safety for passengers across four key areas next year, following the arrest of one of its drivers in New Delhi for rape. The taxi firm, which operates in 260 cities worldwide, has courted controversy over its screening of drivers in the past, with some critics claiming it puts passengers [...]
The UK, Alibaba and Nigel Farage are the biggest winners of 2014 December 18, 2014 As the year draws to a close it's a good time to reflect and look back on who will be cheerfully toasting 2014, after looking at those poor souls who've been dealt nothing but coal this year. This lot have plenty of reason for good cheer this holiday season – here's our pick of the [...]
China’s Baidu confirms Uber investment plan December 17, 2014 CHINESE internet giant Baidu confirmed yesterday it is buying a stake in fast-growing international car-hailing service Uber as the pair chase growth in one of the world’s largest transportation markets. The companies did not disclose how big a stake Baidu is taking, nor how much it is paying for the investment, announced jointly in Beijing. [...]
Baidu confirms it’s buying a stake in Uber December 17, 2014 Internet giant Baidu – the Chinese equivalent of Google – has confirmed plans to buy a stake in Uber. The company hasn't disclosed the size of the stake, but it's likely Uber will use its newly-forged alliance to offer new features to passengers. Baidu has suggested its tie-up with Uber will "enable users of Baidu [...]