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In April 2015, the TLC posted a notice in the City Record proposing the "Licensing of For-Hire Vehicle Dispatch Applications", requiring mobile app operators to apply for approval of certain changes to any app used to arrange vehicle rides for hire, widely considered to be targeted at Uber, causing a controversy.
Head office of Uber, San Francisco. The Uber Files are a leaked database of Uber's activities in about 40 countries from 2013 to 2017 leaked by former senior executive Mark MacGann, who admits being "partly responsible", [1] and published by The Guardian on 10 July 2022, which shared the database of more than 124,000 files with the International Consortium of Investigative Journalists (ICIJ ...
Uber was launched on November 22, 2016 in Dhaka, but within 36 hours of its launching, Bangladesh Road Transport Authority (BRTA) declared it illegal. [27] Uber and other ridesharing companies lobbied the government to legalize ridesharing companies. Though the government ban was still on effect, the ridesharing companies operated in the city.
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Uber allegedly used this button at least 24 times, from spring 2015 until late 2016. [27] [28] The existence of the kill switch was confirmed in documents leaked in 2022. [29] When Uber offices were raided by police or regulatory agencies, the "kill switch" of which was not used until the very moment, was used to cut access to the data systems ...
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Uber has posted hundreds of millions or billions of dollars in losses each year from 2014 until 2022 except for 2018, when it exited from the markets in Russia, China, and Southeast Asia in exchange for stakes in rival businesses. [159] By the end of 2022, Uber had US$32.11 billion in assets and $24.03 billion in liabilities.
A study published in July 2017 indicated that the increase in traffic caused by Uber generates collective costs in lost time in congestion, increased pollution, and increased accident risks that can exceed the economy and revenue generated by the service, indicating that, in certain conditions, Uber might have a social cost that is greater than ...