Changes

'''Uber''' is a fast-growing transport service dominating the [[taxi]] market. Uber drivers are independent contractors. They are connected to passengers by the Uber app to arrange pick-ups. It's a cashless transaction, the user will be billed electronically.  

'''Uber''' is a fast-growing transport service dominating the [[taxi]] market. Uber drivers are independent contractors. They are connected to passengers by the Uber app to arrange pick-ups. It's a cashless transaction, the user will be billed electronically.  

The taxi market is a well entrenched segment of large municipalities. Since Uber isn't regulated by existing taxi services, conflict of interest occurs. The city of Austin, [[Texas]] banned Uber and leading competitor Lyft from providing service.

The taxi market is a well entrenched segment of large municipalities. Since Uber isn't regulated by existing taxi services, conflict of interest occurs. The city of Austin, [[Texas]] banned Uber and leading competitor Lyft from providing service, <ref>https://www.wsj.com/articles/texas-capital-city-votes-to-keep-fingerprinting-for-uber-lyft-drivers-1462796972</ref>  the bans of Uber and Lyft were later lifted. <ref>https://www.kvue.com/article/news/local/lyft-uber-resume-service-in-austin/269-442904331</ref>

The value of Uber was $50 billion in 2015.

The value of Uber was $50 billion in 2015.