Uber Banned in Brazil
Uber has effectively been driven out of South America’s largest country, Brazil. The networked transportation app has been banned from the nation’s two largest cities: Sao Paulo and Rio de Janeiro.
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Uber has effectively been driven out of South America’s largest country, Brazil. The networked transportation app has been banned from the nation’s two largest cities: Sao Paulo and Rio de Janeiro.
Read MoreOne interesting development here is the French taxi drivers’ highly effective use of old-fashioned real world tactics against Uber, including strikes, blocking streets and violence. Events in France show that digitally-based companies have no real defense against such methods, which is a disturbing revelation.
Read MoreIf China does not prove to be the bonanza that Kalanick boasts it is, Uber could quickly collapse as investors run away from it. China could be the proving ground where Uber shows whether it is the future of technology or simply a pyramid scam built on a mountain of debt.
Read MoreInstead of being the cutting edge in transportation, Uber might go down in the history books as the Enron of the 2010s. Remember, Enron, like Uber, was supposed to be run by The Smartest Guys in the Room.
Read MoreNews stories prove that the reports of the car rental industry’s demise are greatly exaggerated. It is Uber and its ilk that are fighting for survival, not Avis-Budget, Hertz and Enterprise.
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