$500million investment in Lyft not enough to go south of the river say black cabs

$500million investment in Lyft not enough to go south of the river say black cabs

London black cab drivers have announced that the additional $500million of funding that has just been awarded to the ride hailing app Lyft would not be enough to convince them to make a journey south of the River Thames.   The additional funding round, led by Alphabet’s CapitalG, is an extension of the $1 billion…

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Uber forced to hail a black cab for its former CEO

Uber forced to hail a black cab for its former CEO

  Uber was forced to hail a black cab when its former Chief Executive refused to leave the premises unless the company paid for his ride home.   Despite having drivers that operate in over 570 cities worldwide, the technology company felt it would be bad form if its ousted CEO was seen arguing with…

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“Uber is not a taxi company,” says unreliable witness at EU Court hearing

“Uber is not a taxi company,” says unreliable witness at EU Court hearing

  Uber is not a taxi company according to a witness at a recent European Court of Justice hearing whose nose began to grow upon taking the oath in the witness box.   The trial to ascertain whether ferrying passengers around in a motor vehicle in return for payment constitutes being a taxi firm, took…

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