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Ridehailing Service
A ridesharing company (or ridehailing service) is a company (or service offered by a company) that, via websites and mobile apps, matches passengers with drivers of vehicles for hire that, unlike taxis, cannot legally be hailed from the street. The vehicles used in ridesharing/ridehailing service are called app-taxis or e-taxis. Ridesharing companies were founded beginning in the 2010s, after the proliferation of the Internet and mobile apps. In the 2020s, a few companies began offering rides in self-driving taxis. The legality of ridesharing companies by jurisdiction varies; in some areas they are considered to be illegal taxi operations, while in other areas, they are subject to regulations that can include requirements for driver background checks, fares, caps on the number of drivers in an area, insurance, licensing, and minimum wage. Studies have shown that ridesharing companies have created net jobs and improved the efficiency of drivers of vehicles for hire due to adva ...
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Uber Taxi In Moscow
Uber Technologies, Inc. is an American multinational transportation company that provides Ridesharing company, ride-hailing services, courier services, food delivery, and freight transport. It is headquartered in San Francisco, California, and operates in approximately 70 countries and 15,000 cities worldwide. It is the largest ridesharing company worldwide with over 150 million monthly active users and 6 million active drivers and couriers. It coordinates an average of 28 million trips per day, and has coordinated 47 billion trips since its inception in 2010. In 2023, the company had a take rate (revenue as a percentage of gross bookings) of 28.7% for mobility services and 18.3% for food delivery. History In 2009, Garrett Camp, a co-founder of StumbleUpon, came up with the idea to create Uber to make it easier and cheaper to procure direct transportation. Camp and Travis Kalanick had spent $800 hiring a private driver on New Year's Eve, which they deemed excessive, and ...
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BuzzFeed
BuzzFeed, Inc. is an American Internet mass media, media, news and entertainment company with a focus on digital media. Based in New York City, BuzzFeed was founded in 2006 by Jonah Peretti and John Seward Johnson III, John S. Johnson III to focus on tracking viral content. Kenneth Lerer, co-founder and chairman of ''HuffPost, The Huffington Post'', started as a co-founder and investor in BuzzFeed and is now the executive chairman. Originally known for online quizzes, "listicles", and pop culture articles, the company has grown into a global media and technology company, providing coverage on a variety of topics including politics, DIY, animals, and business. BuzzFeed generates revenue through native advertising, a strategy that helps increase the likelihood of viewers reading through the content of advertisements. In late 2011, BuzzFeed hired Ben Smith (journalist), Ben Smith of ''Politico'' as editor-in-chief, to expand the site into long-form journalism and reportage under ...
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StumbleUpon
StumbleUpon was a website, browser extension, toolbar, and mobile app with a "Stumble!" button that, when pushed, opened a semi-random website or video that matched the user's interests, similar to a random web search engine. Users were able to filter results by type of content and were able to discuss such webpages via virtual communities and to rate such webpages via like buttons. StumbleUpon was shut down in June 2018. 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. A prototype was ready by February 2002 and, with great reviews, the extension was installed by thousands of users daily. However, at the time, the company did not advertise or generate much revenue. In September 2005, Camp met Silicon Valley investor Brad O'Neill, who provided early funding to the company, assisted the company with a move to San Francisco, and introduced the company to ...
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Garrett Camp
Garrett Camp (born October 4, 1978) is a Canadian-French businessman, investor, and software engineer. He helped build the search engine StumbleUpon and is a co-founder of Uber. He lives in Los Angeles. Early life and education Camp was born and raised in Calgary, Alberta, Canada. His father was an economist, and his mother an artist; both later became home builders. In 2001 he graduated from the University of Calgary with a bachelor's degree in electrical engineering. Later he earned a master's degree in software engineering with a focus on collaborative systems, evolutionary algorithms, and information retrieval. Career In 2002, Camp co-founded StumbleUpon. It was the first personalized search engine platform. In 2007, StumbleUpon was acquired by eBay and in 2009 StumbleUpon was spun-out. Following its spin-off, Camp worked to expand its services and grow the company. In 2012, Camp left StumbleUpon. In 2014, Camp founded Expa Labs with the goal of growing new companies. ...
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Uber
Uber Technologies, Inc. is an American multinational transportation company that provides Ridesharing company, ride-hailing services, courier services, food delivery, and freight transport. It is headquartered in San Francisco, California, and operates in approximately 70 countries and 15,000 cities worldwide. It is the largest ridesharing company worldwide with over 150 million monthly active users and 6 million active drivers and couriers. It coordinates an average of 28 million trips per day, and has coordinated 47 billion trips since its inception in 2010. In 2023, the company had a take rate (revenue as a percentage of gross bookings) of 28.7% for mobility services and 18.3% for food delivery. History In 2009, Garrett Camp, a co-founder of StumbleUpon, came up with the idea to create Uber to make it easier and cheaper to procure direct transportation. Camp and Travis Kalanick had spent $800 hiring a private driver on New Year's Eve, which they deemed excessive, and ...
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Federal Transit Administration
The Federal Transit Administration (FTA) is an agency within the United States Department of Transportation (DOT) that provides financial and technical assistance to local public transportation systems. The FTA is one of ten modal administrations within the DOT. Headed by an Administrator who is appointed by the President of the United States, the FTA functions through Washington, D.C. headquarters office and ten regional offices which assist transit agencies in all states, the District of Columbia, and the territories. Until 1991, it was known as the Urban Mass Transportation Administration (UMTA). Public transportation includes buses, subways, light rail, commuter rail, monorail, passenger ferry boats, trolleys, inclined railways, and people movers. The federal government, through the FTA, provides financial assistance to develop new transit systems and improve, maintain, and operate existing systems. The FTA oversees grants to state and local transit providers, primari ...
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Internet
The Internet (or internet) is the Global network, global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a internetworking, network of networks that consists of Private network, private, public, academic, business, and government networks of local to global scope, linked by a broad array of electronic, Wireless network, wireless, and optical networking technologies. The Internet carries a vast range of information resources and services, such as the interlinked hypertext documents and Web application, applications of the World Wide Web (WWW), email, electronic mail, internet telephony, streaming media and file sharing. The origins of the Internet date back to research that enabled the time-sharing of computer resources, the development of packet switching in the 1960s and the design of computer networks for data communication. The set of rules (communication protocols) to enable i ...
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Transportation (journal)
''Transportation'' is a peer-reviewed academic journal of research in transportation, published by Springer Science+Business Media. The journal focuses on issues of relevance to the formulation of policy, the preparation and evaluation of plans, and the day-to-day operations management of transport systems. It concerns itself with the policies and systems themselves, as well as with their impacts on and relationships with other aspects of the social, economic and physical environment. Its first issue was published in 1972. Abstracting and indexing According to the ''Journal Citation Reports'', it has a 2019 impact factor of 4.082, placing it 11th in the category "transportation science and technology". In a ranking of journals in all of economics produced as part of the Research Papers in Economics database, it was ranked 204th by impact factor and 195th by h-index The ''h''-index is an author-level metric that measures both the productivity and citation impact of the publ ...
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Chrysler
FCA US, LLC, Trade name, doing business as Stellantis North America and known historically as Chrysler ( ), is one of the "Big Three (automobile manufacturers), Big Three" automobile manufacturers in the United States, headquartered in Auburn Hills, Michigan. It is the American subsidiary of the multinational automotive company Stellantis. Stellantis North America sells vehicles worldwide under the Chrysler (brand), Chrysler, Dodge, Jeep, and Ram Trucks nameplates. It also includes Mopar, its automotive parts and accessories division, and Street and Racing Technology, SRT, its performance automobile division. The division also distributes Alfa Romeo, Fiat, and Maserati vehicles in North America. The original Chrysler Corporation was founded in 1925 by Walter Chrysler from the remains of the Maxwell Motor Company. In 1998, it merged with Daimler AG, Daimler-Benz, which renamed itself DaimlerChrysler but in 2007 sold off its Chrysler stake. The company operated as Chrysler LLC thr ...
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1979 Energy Crisis
A drop in oil production in the wake of the Iranian revolution led to an energy crisis in 1979. 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 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 production during this time. The Soviet Union became the largest oil producer in the world, and oil from the N ...
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1973 Oil Crisis
In October 1973, the Organization of Arab Petroleum Exporting Countries (OAPEC) announced that it was implementing a total oil embargo against countries that had supported Israel at any point during the 1973 Yom Kippur War, which began after Egypt and Syria launched a large-scale surprise attack in an ultimately unsuccessful attempt to recover the territories that they had lost to Israel during the 1967 Six-Day War. In an effort that was led by Faisal of Saudi Arabia, the initial countries that OAPEC targeted were Canada, Japan, the Netherlands, the United Kingdom, and the United States. This list was later expanded to include Estado Novo (Portugal), Portugal, Rhodesia, and South Africa. In March 1974, OAPEC lifted the embargo, but the price of oil had risen by nearly 300%: from US to nearly US globally. Prices in the United States were significantly higher than the global average. After it was implemented, the embargo caused an oil crisis, or "shock", with many short- and long ...
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Via Transportation
Via Transportation, Inc. is a technology company that provides software as a service (SaaS) and operations to improve public transportation networks for cities, transit agencies, schools and universities, healthcare providers, and corporations around the world. Via offers fully managed transit services as well as transportation planning tools, consulting services, operational support, and navigation. Founded in 2012, Via is headquartered in New York City with offices around the world. As of March 2024, Via serves more than 700 global partners such as King County Metro in Seattle, Transport for London, Transport for New South Wales in Australia, and Berliner Verkehrsbetriebe in Germany. Via focuses on making transportation more equitable and accessible for all populations including paratransit riders, school-aged children, elderly populations, and low income riders. History Founding and early years Daniel Ramot and Oren Shoval co-founded Via in 2012. The company began ...
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