It’s On. Uber Will Soon Go Up Against Lyft And SideCar With A Ride-Sharing Service Of Its Own

view story

http://techcrunch.com – Earlier today, on-demand car startup Uber struck a deal with the California Public Utilities Commission to waive some fines and remove a cease-and-desist order, giving it the go-ahead to continue operating in the state. The agreement gets the regulator off its back, which is big news. But the bigger news is that the deal opens the door for Uber to roll out a ride-sharing service of its own. CEO Travis Kalanick previously had teased the idea of launching a ride-sharing option in a backstage interview at TechCrunch Disrupt. Now, however, with the regulatory risk associated with ride-sharing out (IT news)