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Between this breach, and the impending classification as a cab company by more and more major cities. I think that we can consider Uber to be either the walking
by Trisell 12y ago
Between this breach, and the impending classification as a cab company by more and more major cities. I think that we can consider Uber to be either the walking dead or something very close to it at this point.
- skuhn 12y agoI think it's a bit premature to count Uber out. They have an absurd amount of money in the bank, and they take on a very small amount of the risk of their business. I don't think that this data breach will have the slightest impact to their bottom line. If they get classified as a cab company in a particular market, they'll sue. If they don't get their way, they'll exit the market. They could also move into other businesses which are clearly not cabs, as shown by their dabblings in courier and delivery services. Consider how many startups are paying people to drive things from point A to point B -- that entire industry could be outsourced to Uber. If they do exit a market, they won't lose anything besides face -- it's the drivers who will carry all of the capital investment and most of the operating costs, they're the ones who will be hurt.