Connect with us

Hi, what are you looking for?

Jewish Business News

Business

Monday, Uber Okay in South Korea, Being Sued in Boston

An illustration picture shows the logo of car-sharing service app Uber on a smartphone next to the picture of an official German taxi sign

Uber smooths things over in South Korea, but now Boston cabbies are up in arms. A month after the South Korean government indicted Uber CEO Travis Kalanick for violating rules that require drivers offering paid rides and official taxis to have licenses, Uber has now inked a deal with a licensed car company in the city of Incheon that will comply with regulations, according to the Financial Times. Uber’s new South Korean partner, Seven Call Taxis, operates 3, 000 cabs.

Now that Uber has put out one fire, tempers are raging in Boston as city cab drivers want to sue Uber for destroying their business. The claim is that companies like Uber and Lyft are ruining the value of the taxi medallions the cabbies must have to do business. The lawsuit in Boston is for an unspecified amount in damages.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

Uber CEO Travis Kalanick is trying to woo Europeans by promising to take more cars off the road and create 50, 000 jobs. He said he wants Uber to create partnerships with European cities and sees the potential of stimulating the European economy.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.