Uber doubled down Tuesday on its claim that it's a software company, not a taxi service. Speaking in front of Europe's highest court, the ride-hailing company defended its business model, saying ...

The number of taxi trips in New York City decreased by about 8 percent from 2012 to 2014, and one recent report found that Uber provides almost half of all paid rides in major U.S. markets.

The taxi firms argued that these actions allowed Uber to offer a competing service at a lower price and deprived them of drivers, which has damaged their business and resulted in substantial ...

Uber was the most popular of the two, with 48% of receipts vs. Lyft’s 4%. A year ago, in the same quarter, ride-hailing services accounted for 34% of receipts, taxis for 22% and rental cars 44%.

Uber, soon after it was conceived in 2008 as a luxury car service, set out to disrupt the U.S. taxi industry and went on to aggressively elbow its way into the global transportation industry.

Air taxis are getting closer to becoming a reality, the San Francisco Chronicle recently reported, with startups hoping to ...

Eventually, claims Uber, per-person prices for its air travel service will be similar to its taxi-like car service, uberX ($37.48, at the moment, for that same ride to the airport).