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Massachusetts to tax ride-hailing apps, give the money to taxis

EghtesadOnline: Massachusetts is preparing to levy a 5-cent fee per trip on ride-hailing apps such as Uber and Lyft and spend the money on the traditional taxi industry, a subsidy that appears to be the first of its kind in the United States.
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Publish Date:21/August/2016 | 09:38

Volvo and Uber team up to develop self-driving cars

EghtesadOnline: Volvo Car Group has agreed a $300 million alliance with Uber to develop self-driving cars, the latest move by traditional vehicle manufacturers to team up with Silicon Valley firms seen as threats to their industry.
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Publish Date:18/August/2016 | 13:20

The Humbling of American Tech Giants in China

EghtesadOnline: Uber 's decision to throw in the towel in China holds lessons for Facebook, Apple and others still craving success in the world's biggest technology market.
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Publish Date:02/August/2016 | 11:42