George Soros’ $52 Million Investment in Uber Draws Controversy: Donations to Taxi Associations Raise Eyebrows

George Soros’ $52 Million Investment in Uber Draws Controversy: Donations to Taxi Associations Raise Eyebrows

George Soros He is a billionaire investor and businessman, American born in Hungary, who, among other businesses, has also invested in the multinational Uber and previously in Lyft. George Soros’ position in Uber Technologies is currently worth $52 million. This represents 1.85% of his stock portfolio (the 14th largest holding). The first trade of Uber … Read more

Havana runs out of Gazelle taxis due to fuel shortage – 2024-04-03 03:11:39

Havana runs out of Gazelle taxis due to fuel shortage
 – 2024-04-03 03:11:39

Residents in Havana were left without the service of state-run taxis called Gazelle since last Wednesday, March 27, due to the fuel shortage that has been experienced on the Island for months. This was confirmed by the Government of the capital through a statement shared on social networks, where they indicated that Metrotaxi vehicles were … Read more

NYC Rideshare and Taxi Passengers Brace Their Wallets for Tax Hike

NYC Rideshare and Taxi Passengers Brace Their Wallets for Tax Hike

Highly Respected News Website We’re about to get taken for a ride — twice! Double-barrel cash grab on New York City taxis Published on March 29, 2024, 7:17 p.m. ET The double-barrel cash grab could add more than $5 to many rides. Credit: REUTERS Big Apple taxi passengers have been quietly paying a congestion price … Read more

France Braces for Massive Farmer and Taxi Blockades Across the Country

France Braces for Massive Farmer and Taxi Blockades Across the Country

The peasant world continues its standoff with the government by organizing blockades on numerous roads. If the Paris region should constitute the epicenter of the revolt this Monday, other cities, large or medium-sized, will also be concerned. note that farmers will not be the only ones to mobilize, taxi drivers also having planned to demonstrate. … Read more

Opinions divided on preliminary details of costs of the ‘Congestion Pricing’ in Manhattan – El Diario NY

Opinions divided on preliminary details of costs of the ‘Congestion Pricing’ in Manhattan – El Diario NY

There is less and less time left for it to arrivespring 2024, and in addition to colorful flowers and green leaves on the trees and birds singing, the season will come with a hit to the wallet for thousands of drivers from the Big Apple and other neighboring states who travel down Manhattan’s 60th Street. … Read more

Municipality of Breda Implements Unorthodox Measures to Solve Student Transport Issues

Municipality of Breda Implements Unorthodox Measures to Solve Student Transport Issues

Omroep BrabantA van from Connexxion that transports students to school in Breda In association with Broadcasting Brabant NOS Nieuws•vandaag, 10:24 The municipality of Breda will use drivers who normally transport the elderly to solve the problems with student transport in special education. This means that elderly people in Breda can make more limited use of … Read more

“Chinese Ride-Hailing Giant Didi Reports 19% Drop in Sales in 2022”

Didi The restrictions in China were only lifted in December last year. (Foto: imago images/VCG) Peking Chinese Uber rival Didi on Saturday reported a 19 percent drop in sales in 2022 compared to last year. In its first annual report since its US listing last year, Didi said total sales fell to 140.79 billion yuan ($20.37 … Read more

New York: the mythical yellow taxis, an endangered species?

Confinements, but also competition from VTCs are in question, with prices which have not increased for ten years. The drivers therefore multiply the demonstrations, as explained by Bhairavi Desai, president of the Union of New York taxis. At its headquarters, moreover, the waiting room is still full: since the pandemic, there have been 35% additional … Read more