Saturday, August 26, 2017

12 Things About Uber

  1. Uber Technologies Inc. is an American technology company headquartered in San Francisco, California, United States, operating in 633 cities worldwide. 
  2. It develops, markets and operates the Uber car transportation and food delivery mobile apps.
  3. Uber drivers use their own cars, although drivers can rent a car to drive with Uber.
  4. The name "Uber" is a reference to the common (and somewhat slangy) word "uber", meaning "topmost" or "super", and having its origins in the German word ├╝ber, meaning "above".
  5. Uber has been a pioneer in the sharing economy and the changes in industries as a result of the sharing economy have been referred to as "Uberification" or "Uberisation".
  6. Uber fares are based on a dynamic pricing model, in which fares are higher during periods of high demand for rides.
  7. In February 2010, Ryan Graves became the first Uber employee, getting the job by responding to a tweet from Kalanick announcing the job opening, and receiving 5-10% of the company. Graves started out as general manager and shortly after the launch was named as CEO.[72] After ten months Kalanick succeeded Graves as CEO in December 2010.[68][69][73][74] Graves stepped down to become the company's COO.
  8. In 2011, the company changed its name from UberCab to Uber.
  9. Uber was founded in 2009 as UberCab by Garrett Camp, the cofounder of StumbleUpon, and Travis Kalanick, who had sold his Red Swoosh startup for $19 million in 2007.
  10. On September 14, 2016, Uber launched its first self-driving car services to select customers in Pittsburgh, including Pittsburgh Mayor Bill Peduto using a fleet of Ford Fusion cars each equipped with 20 cameras, seven lasers, GPS, lidar and radar equipment that enables the car to create a three-dimensional map utilizing landmarks and other contextual information to keep track of its position.
  11. The Philippine government meted Uber a one-month suspension on August 14 following a tussle over driver permits, sparking public outrage as some 66,000 vehicles were forced off the streets.
  12. But late Friday, August 25 the government's transport agency said it would lift the ban following an Uber appeal. It ordered the US firm to pay a fine of P190 million ($3.7 million) and give its drivers financial aid for lost earnings.

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