Ride sharing is the future. How ride sharing fits into regulations and laws on transportation services varies and generates a lot of news.
Ride sharing has dominated technology news this week:
- Investors Love Uber. TechCrunch reports Uber getting $1.2B in investments and is valued at over $40B [TechCrunch]
- Los Angeles and San Francisco District Attorneys had sent cease and desist letters earleir this fall. Now these D.A.s are suing for misleading safety practices [NY Times | BitsBlog]
- Portland, OR is also suing claiming illegal operations [NY Times | BitsBlog which posts a nice timeline of legal action] [WSJ]