• Uber valuation said to be upwards of $17B

    Uber valuation said to be upwards of $17B

    Bids for on-demand car service app Uber are said to be valuing the company at $17 billion, rumors say. Some are walking away, having reached their limit for the app’s valuation well below that (but still, many say, ranking it in the billions with an “s”). General Atlantic, Blackrock, and Technology Crossover Ventures are said
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  • Uber wins lawsuit in NYC, gets to test its app

    Uber wins lawsuit in NYC, gets to test its app

    Uber, a startup that wanted to test an idea of allowing people to use an app to hail a cab, has won its day in court, getting permission to deploy through the New York City Taxi and Limousine Commission (TLC).  The lawsuit had been brought by the city (likely at the behest of some vested
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