Uber and Lyft on Monday suspended their ride-hailing services in Austin after voters decided against overturning city requirements that include fingerprinting their drivers.
The automotive industry is placing its biggest bet yet that using a device to hail a ride -- with or without a driver -- is the future of transportation.
Everything these days is instantaneous. From banking to online shopping, the world is at the palm of your hands. As people utilize technology more and more in their everyday lives, applications used for ride-sharing and house-sharing have gained in popularity.
American cities are enticed by the economic growth and services that "sharing economy" companies such as Airbnb, Uber and Lyft can offer, but officials are anxious about safety in a largely unregulated realm, a city advocacy group found in a study released Wednesday.