London has decided to ban Uber — but Uber can operate during its appeal

Here’s a new mini-crisis for Uber’s new CEO: Transport for London, the taxi regulating service in London, announced today that it would not be renewing Uber’s license to operate because of concerns over the company’s “lack of corporate responsibility” in relation to public safety issues.

The ride-hail company, which launched in London in 2012, is appealing the TfL’s decision and will be allowed to continue to operate until a court makes a decision on that appeal. That process could take months.

London is a significant market for Uber: The company says there are 40,000 drivers and 3.5 million riders on its platform in London. And like New York City, it is one of the most regulated markets where Uber operates. Unlike most markets across the U.S., Uber drivers in London and New York City are required to participate in government-administered background checks.

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New Yorkers can now schedule Uber pickups

The company has rolled out a "Scheduled Rides" feature to all five city boroughs

This means users looking to lock in a ride during heavy commute times, or for early pickups to the airport, may not have to wait as long for one to arrive.

Riders can schedule an Uber car to arrive anywhere between 15 minutes to 30 days before their desired pickup time. The feature is available across Uber's standard uberX and UberXL (SUV) vehicles, as well as its higher-end UberBlack, Uber SUVs and VIP options.

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Self-driving Uber vehicles spotted on the streets of San Francisco

Several folks started noticing self-driving Uber cars in downtown San Francisco yesterday, fueling speculation the ridesharing company could soon be deploying autonomous vehicles for commercial use right where it all started in the Bay Area.

Mattermark editor in chief Alex Wilhelm snapped a picture of a white Ford Fusion stopped at the intersection of Montgomery and Pacific.

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How Uber, Airbnb And Etsy Attracted Their First 1,000 Customers

New businesses often struggle finding their first customers. The challenge is even more difficult with startups in the sharing economy that launch as platforms connecting independent service providers with consumers.

Taker Uber. Its platform is two-sided, connecting people who need rides with people who have rides to offer. (Same ideas as Airbnb, which connects people needing rooms with home-owners.) So to launch as a platform service, these companies need to find users on both the supply and demand sides.

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Uber Eyes $50 Billion Valuation in New Funding

Uber Technologies Inc., the world’s most highly capitalized startup, plans to raise another large round of funding.

The San Francisco-based ride-sharing company briefed investors on its plans to raise between $1.5 billion and $2 billion in new funding, said people familiar with the matter. It expects the funding to value the company at $50 billion or higher, the people said, although they said Uber’s plans could change.

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Uber rallies against pending N.J. regulations

Uber Technologies Inc. held a rally in Secaucus on Monday to protest pending legislation that company officials say, if passed as is, would spell the end of the popular UberX ride-sharing service in New Jersey.

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An Uber driver with a concealed handgun prevented a mass shooting in Chicago

A driver with the ride-hailing service Uber put a stop to a potential mass shooting in Chicago over the weekend.

Here's the Chicago Tribune, citing Assistant State's Attorney Barry Quinn:

A group of people had been walking in front of the driver around 11:50 p.m. in the 2900 block of North Milwaukee Avenue when Everardo Custodio, 22, began firing into the crowd, Quinn said.

The driver pulled out a handgun and fired six shots at Custodio, hitting him several times, according to court records. Responding officers found Custodio lying on the ground, bleeding, Quinn said. No other injuries were reported.

 

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