Top
image credit: Unsplash

Surprise! Uber and Lyft Do Not Like NYC’s New Ride-Hail Rules

August 16, 2019

Via: Wired

UBER CEO DARA Khosrowshahi, who took the helm of the controversial company back in 2017, is known for being pretty unflappable. He was even upbeat during the company’s second quarter earnings call, when he was charged with explaining why Uber posted more than $5 billion in losses in just a few months’ time.

But in response to one analyst’s question, about how the regulations in New York had affected the company’s bottom line, Khosrowshahi got a bit spicy, at least for Khosrowshahi. “I think anyone who tells you that the changes in New York City are good is…” he trailed off for a moment. “It’s malarkey, frankly.”

Read More on Wired