Ron Burgundy Posted June 11, 2014 Share Posted June 11, 2014 By Jack Stubbs and Brian Love LONDON/PARIS (Reuters) - Taxi drivers sowed traffic chaos in Europe's top cities on Wednesday by mounting one of the biggest protests ever against Uber, a U.S. car service whose smartphone app summons rides at the touch of a button. Hundreds of licensed black taxis snarled traffic in the streets around Trafalgar Square in central London, hooting their horns as they passed Downing Street, home of Prime Minister David Cameron, and the Houses of Parliament. San Francisco-based Uber Technologies Inc., valued last week at $18.2 billion just four years since its 2010 launch, has touched a raw nerve by bringing technological advances to one of the most visible and regulated services in modern city life. Uber customers order and pay for a taxi with its application on their smartphones. View the full article Quote Link to comment Share on other sites More sharing options...
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