-
Zamanat Targets GCC’s $250 Billion SME Financing Gap With Up to $100 Million Tokenized Private Credit Fund
-
Alessio Vinassa Unveils an Emerging Technology Investment Approach Shaped by Financial Challenges
-
Sri Lanka court revokes monk's pardon, orders return to prison
-
Stocks drop as oil spike fans inflation and interest rate fears
-
'Hopeless, stuck, afraid': US deportees in limbo in Cameroon
-
Portugal harvests grapes at night to beat the heat
-
Mount Fuji ends hiking season with landslide, two rescues
-
Philippine ferry fire kills 5, dozens missing
-
Seahawks beat Patriots again in NFL opener
-
Oil prices flare as Iran tightens grip on Hormuz
-
Asian Games begin with Qatar basketball win, nine days before opening ceremony
-
Japan gymnasts under injury cloud for home Asian Games
-
Stocks sink as oil rally fans inflation and rate hike fears
-
India trailblazer won't 'let go' of chance for Asian weightlifting glory
-
Argentine industry reels from Milei's free-market revolution
-
Zverev cruises past van de Zandschulp into US Open semis
-
Women quit South Korea's grind for diving tradition
-
Myanmar tin mega-mine restarts operations: think tank
-
Bayeux Tapestry 'mania' sweeps UK as sold-out exhibition opens
-
Online and undercover: saving trafficked wildlife in Thailand
-
August hottest month ever recorded globally: EU monitor
-
Antonelli faces new challenge after stirring triumph in Monza
-
Duplantis leads creme de la creme at 'game-changing' Ultimate Championship
-
Korda leads US bid to win first away Solheim Cup since 2015
-
Sjobo, cradle of Sweden's now-mainstream anti-migrant sentiment
-
Eurozone rate-setters to hike borrowing costs as energy prices jump
-
Israeli-made film about Gaza civilian deaths to debut in Venice
-
As oceans warm, Florida scientists hunt for heat-resistant coral
-
Stars ready for busy Toronto International Film Festival
-
Trump takes center stage as Republicans fight midterm tide
-
Rubio defends anti-drug boat strikes, warns of cartel 'cancer'
-
Gauff takes inspiration from Tiafoe in US Open fightback win
-
Rybakina books US Open semi against Gauff, secures No.1 ranking
-
Ralph Lauren opens fur-free New York Fashion Week
-
Pegula aiming to thwart Sabalenka three-peat in US Open semis
-
Arteta lauds in-form Odegaard as 'remarkable' Arsenal edge Napoli
-
'Not normal' US Open scheduling under-fire after late-night finishes
-
Rogers hails Alonso for 'exciting' Chelsea goal spree
-
Luis Enrique hails 'marvellous' Dembele as PSG win big in Champions League
-
Mac Allister caps Liverpool comeback against Atletico Madrid
-
Liverpool's Iraola 'lucky' after first taste of Champions League
-
With No. 1 ranking secured Rybakina eyes more Grand Slam glory
-
Resurgent Zheng takes positives from storming US Open run
-
Chelsea hit Leeds for six to advance in League Cup
-
Odegaard gives Arsenal winning Champions League start at Napoli
-
PSG thrash Slovan in Champions League opener, Liverpool down Atletico
-
Bond yields jump despite $6 bn US government intervention
-
Rybakina advances to US Open semis, seals No.1 ranking
-
Mac Allister caps Liverpool comeback to beat Atletico Madrid
-
US-blockaded Cubans appeal to 'Cachita' for divine intervention
Uber to integrate its network with New York yellow cabs
Uber said Thursday it will collaborate with New York taxi networks, a longtime transportation rival, boosting driver supply as the city emerges from the pandemic.
Under the partnership, Uber will integrate its smartphone app with those used by the city's 14,000 iconic yellow cabs, an Uber spokesperson told AFP, confirming a report in the Wall Street Journal.
The taxi apps, run by Creative Mobile Technologies and Curb Mobility, allow riders to pay with a credit card.
Passengers will pay roughly the same under either system, while cab drivers will be able to decline rides if they aren't lucrative enough.
As was the case in other cities, Uber's arrival in New York in 2011 pressured its cab network, which had operated under a quasi-monopoly.
City officials froze new licenses for rideshare drivers in 2018 after surging Uber and Lyft use lifted the number to more than 120,000.
The partnership comes as Uber has struggled to find enough labor after some drivers took other jobs during the pandemic. The industry has also been tested lately by spiking gasoline prices, which has prompted both Uber and rival Lyft to add fuel surcharges to fares.
Andrew Macdonald, senior vice president for mobility and business operations, said the company's ventures with taxis "look different around the world" and that the latest alliance "will benefit taxi drivers and all New Yorkers."
C.Hamad--SF-PST