E-hailing
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E-hailing
A ridesharing company (also known as a transportation network company, ride-hailing service; the vehicles are called app-taxis or e-taxis) is a company that, via websites and mobile apps, matches passengers with drivers of vehicles for hire that, unlike taxicabs, cannot legally be hailed from the street. The legality of ridesharing companies by jurisdiction varies; in some areas they have been banned and are considered to be illegal taxicab operations. Regulations can include requirements for driver background checks, fares, caps on the number of drivers in an area, insurance, licensing, and minimum wage. Terminology: ridesharing vs. ridehailing The term "ridesharing" has been used by many international news sources, including The Washington Post, CNN, BBC News, The New York Times, the Associated Press, and the Los Angeles Times. Groups representing drivers, including Rideshare Drivers United and The Rideshare Guy (Harry Campbell), also use the term "rideshare", since "hailin ...
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Legality Of Ridesharing Companies By Jurisdiction
Many communities, governments, and organizations have established rules and regulations that specifically govern ridesharing companies. In some jurisdictions, for-profit ridesharing operations are completely illegal. Regulations can include requirements for driver background checks, fares, the number of drivers, and licensing. Taxi industry groups have argued that ridesharing companies are illegal taxicab operations which take away their business. Others have called for governments to relax legislation in favor of ridesharing companies. Ridesharing companies are banned from or have voluntary pulled out of, due to legal restrictions, the following jurisdictions: parts of Oregon, Bulgaria, Denmark, Hungary, and parts of Germany. The UberPop level of service is banned in Italy, France, Netherlands, and Finland. Legality by country Australia Requirement of drivers to pay GST In May 2015, the Australian Taxation Office (ATO) issued a directive stating that drivers that generate incom ...
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Uber Taxi In Moscow
Uber Technologies, Inc. (Uber), based in San Francisco, provides mobility as a service, Ridesharing company, ride-hailing (allowing users to book a car and driver to transport them in a way similar to a taxi), food delivery (Uber Eats and Postmates), package delivery, couriers, and freight transportation. Via partnerships with other operators such as Thames Clippers (boats) and Lime (transportation company), Lime (electric bicycles and motorized scooters), users are also able to book other modes of transport through the Uber platform in some locations. Uber sets fares, which vary using a dynamic pricing model based on local supply and demand at the time of the booking and are quoted to the customer in advance, and receives a commission (remuneration), commission from each booking. It had operations in approximately 72 countries and 10,500 cities as of December 31, 2021. Uber offers many different types of ride options. UberX is the most popular and the standard service of ...
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Uber
Uber Technologies, Inc. (Uber), based in San Francisco, provides mobility as a service, ride-hailing (allowing users to book a car and driver to transport them in a way similar to a taxi), food delivery (Uber Eats and Postmates), package delivery, couriers, and freight transportation. Via partnerships with other operators such as Thames Clippers (boats) and Lime (electric bicycles and motorized scooters), users are also able to book other modes of transport through the Uber platform in some locations. Uber sets fares, which vary using a dynamic pricing model based on local supply and demand at the time of the booking and are quoted to the customer in advance, and receives a commission from each booking. It had operations in approximately 72 countries and 10,500 cities as of December 31, 2021. Uber offers many different types of ride options. UberX is the most popular and the standard service of the company. UberXL, Uber Comfort, and Uber Black are other options offered ...
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Lyft
Lyft, Inc. offers mobility as a service, ride-hailing, vehicles for hire, motorized scooters, a bicycle-sharing system, rental cars, and food delivery in the United States and select cities in Canada. Lyft sets fares, which vary using a dynamic pricing model based on local supply and demand at the time of the booking and are quoted to the customer in advance, and receives a commission from each booking. Lyft is the second-largest ridesharing company in the United States after Uber. History Lyft was launched in the summer of 2012 by computer programmers Logan Green and John Zimmer as a service of Zimride, a long-distance intercity carpooling company focused on college transport that they founded in 2007 after Green shared rides from the University of California, Santa Barbara campus to visit his girlfriend in Los Angeles and was seeking an easier way to share rides. In May 2013, the company changed its name from Zimride to Lyft. Later that year, Lyft sold the original Zimride ...
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Sidecar (company)
Sidecar was a US-based vehicle for hire company that provided transportation and delivery services. It was founded in 2011 in San Francisco and closed on December 31, 2015. History Sidecar was founded in September 2011 by Sunil Paul, CEO, Jahan Khanna, CTO, and Adrian Fortino. The company expanded its operations into Seattle, Los Angeles, Philadelphia and Austin. At the South By Southwest festival in 2013, Sidecar made all rides during the conference free. In 2013 the company started operating in Boston, New York City, Washington, D.C., Charlotte, Chicago, San Diego, Long Beach and Oakland. Investments Sidecar was backed by a number of wealthy investors including Union Square Ventures, Avalon Ventures, Lightspeed Venture Partners, Google Ventures, and Sir Richard Branson. The company raised in series A funding from Google Ventures and Lightspeed Venture Partners in 2012. Legal challenges and approval in California In the fall of 2012, the California Public Utilities Commis ...
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Travis Kalanick
Travis Cordell Kalanick (; born August 6, 1976) is an American businessman best known as the co-founder and former chief executive officer (CEO) of Uber. Previously he worked for Scour, a peer-to-peer file sharing application company, and was the co-founder of Red Swoosh, a peer-to-peer content delivery network that was sold to Akamai Technologies in 2007. Kalanick was CEO of Uber from 2010 to 2017. He resigned from Uber in 2017, after growing pressure resulting from public reports of the company's unethical corporate culture, including allegations that he ignored reports of sexual harassment at the company. Kalanick retained his seat on the board of directors until he resigned the seat on December 31, 2019. In the weeks leading up to the resignation, Kalanick sold off approximately 90% of his shares in Uber, for a profit of about $2.5 billion. Following the sale, in 2017, Kalanick was ranked 238th on the Forbes 400 list of richest Americans, with a net worth of $2.6 billion ...
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Taxicab
A taxi, also known as a taxicab or simply a cab, is a type of vehicle for hire with a driver, used by a single passenger or small group of passengers, often for a non-shared ride. A taxicab conveys passengers between locations of their choice. This differs from public transport where the pick-up and drop-off locations are decided by the service provider, not by the customers, although demand responsive transport and share taxis provide a hybrid bus/taxi mode. There are four distinct forms of taxicab, which can be identified by slightly differing terms in different countries: * Hackney carriages, also known as public hire, hailed or street taxis, licensed for hailing throughout communities * Private hire vehicles, also known as minicabs or private hire taxis, licensed for pre-booking only * Taxibuses, also come in many variations throughout the developing countries as jitneys or jeepney, operating on pre-set routes typified by multiple stops and multiple independent passenger ...
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1979 Energy Crisis
The 1979 oil crisis, also known as the 1979 Oil Shock or Second Oil Crisis, was an energy crisis caused by a drop in oil production in the wake of the Iranian Revolution. Although the global oil supply only decreased by approximately four percent, the oil markets' reaction raised the price of crude oil drastically over the next 12 months, more than doubling it to . The sudden increase in price was connected with fuel shortages and long lines at gas stations similar to the 1973 oil crisis. In 1980, following the onset of the Iran–Iraq War, oil production in Iran fell drastically. Iraq's oil production also dropped significantly, triggering economic recessions worldwide. Oil prices did not return to pre-crisis levels until the mid-1980s. Oil prices after 1980 began a steady decline over the next 20 years, except for a brief uptick during the Gulf War, which then reached a 60% fall-off in the 1990s. Mexico, Nigeria, and Venezuela's major oil exporters expanded their produc ...
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Sunil Paul
Sunil Paul (born November 12, 1964) is an Internet entrepreneur who launched Spring Free EV in 2021, a fintech company designed to have climate level impact by accelerating adoption of electric vehicles. He has previously founded companies such as Brightmail and Freeloader, Inc. He was the co-founder and CEO of Sidecar, an on-demand peer-to-peer taxi service that was billed as a rideshare community with operations based in San Francisco, CA. Early life and background Paul was born in Punjab, India. At the age of 4 his parents immigrated to the United States where he was raised in Nashville, Tennessee. Paul holds a B.E. in Electrical Engineering from Vanderbilt University. Career Before Paul became an entrepreneur he worked as a Policy Analyst at the Congressional Office of Technology Assessment, working on nanotechnology and information technology and work on NASA Space Station information systems. From 1988-1990 Paul served as a Senior Engineer for Booz Allen Hamilton. For ...
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Red Swoosh
Red Swoosh was a peer-to-peer file sharing company founded by Travis Kalanick and Michael Todd in 2001 and acquired by Akamai Technologies in 2007. The Red Swoosh technology included a centralized directory that indexed online clients and caches. The software downloads and sideloads video multicasts from websites that support the Red Swoosh technology. The Red Swoosh peercasting tool is a browser extension that caches data, reflecting and file sharing, sharing files delivered through the "Swoosh network" or Distributed Networking, Distributed Network. Red Swoosh utilizes a proprietary software, proprietary, peer-to-peer (P2P) file sharing, file distribution Communications protocol, protocol designed for Bandwidth (computing), bandwidth efficiency in the transfer of large media files. The company offers a software development kit (SDK) for third-party development. This includes support for predelivery, RSS feeds, web widgets, and JavaScript applications. There is also a forum ...
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StumbleUpon
StumbleUpon was a discovery and advertisement engine (a form of web search engine) that pushed web content recommendations to its users. Its features allowed users to discover and rate Web pages, photos and videos that are personalized to their tastes and interests using peer-sourcing, social-networking and advertising (sponsored pages) principles. The service shut down in June 2018. Toolbar versions existed for Firefox, Google Chrome, Opera, Internet Explorer, and Safari. StumbleUpon also worked with some independent Mozilla-based browsers. Native mobile StumbleUpon apps existed for Windows, iOS, Android, and the Amazon Appstore. History StumbleUpon was founded in November 2001 by Garrett Camp, Geoff Smith, Justin LaFrance and Eric Boyd during Camp's time in graduate school at the University of Calgary. The idea of creating a company was established before the content: of the five or six ideas for products, StumbleUpon was chosen. Camp describes in a BBC interview the moment ...
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Garrett Camp
Garrett Camp (born October 4, 1978) is a Canadian billionaire entrepreneur. He has helped build a series of companies, including founding StumbleUpon, a web-discovery tool; co-founding Uber; and founding Expa, a startup studio. Camp is chairman of Mix, the successor to StumbleUpon, and served on the board of directors of Uber until 2020. Early life and education Camp was born and raised in Calgary, Alberta, Canada. His father was an economist, and his mother an artist, and both later became home builders. He graduated from the University of Calgary with a bachelor's degree in electrical engineering in 2001, and later earned a master's degree in software engineering, researching collaborative systems, evolutionary algorithms and information retrieval. Career StumbleUpon Camp co-founded StumbleUpon in 2002. It was the first web-discovery platform and personalized recommendation engine. The service enabled users to discover web content with a single click, during the Web ...
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