This is a clear sign that the sharing economy isn’t in its infancy anymore.
The City of San Francisco is poised to collect almost $3.4 million annually with this new legislation.
Uber's rapid growth worldwide highlights how technology is changing the taxi and car service industry, which now needs to recognize the change and start adjusting its own business model rather than fight against new ones.
Boston gets to try the new Zipcar one-way service. It will be interesting to see what the fees will be given the fact that there will be no charge for gas or parking.
St. Louis isn't dithering. One thing a crackdown makes clear? That everyone's on the same page. Makes for faster resolution.
Foreign expansion -- especially Asia -- is key for Uber. It can't live up to its valuation just based on its U.S. business.
With so much money raised now by Uber and Lyft, is this now a two-horse race? We hope not, lots of innovation left in the car rental and sharing space.
The taxi industry is going to have to get used to it. There is more competition now in the form of Lyft, Uber, and services such as Zipcar. Although individual startups may come and go, the ride-sharing concept is here to stay.
The next step in Zipcar-Avis Budget buddying-up is technology sharing, with Avis Budget cars expected to get a Zipcar refresh. At least that's the plan.
With efficiencies like the ones seen in Chicago, car-share programs will find a niche in governmental fleets.