Licenses for new ride-hailing vehicles in the city are about to get scarce.
The news: The New York City Council passed legislation this afternoon that puts a one-year hold on the issuing of new ride-hailing licenses and sets a wage floor for drivers. The new rules will take effect as soon as Mayor Bill de Blasio, who supported the bills, signs them into law.
Slamming on the brakes: This is a big blow to Uber—the Big Apple is the company’s biggest US market. But since it started, Uber’s habit has been to embrace rapid growth while paying little heed to those its business upset or put out of work, rather than working to find ways to co-exist in the towns into which it expanded.
Why it matters: This makes New York the first major American city to set a cap on ride-hailing vehicles or to set pay rules for gig drivers. It also sets a precedent that other cities could follow, which would spell trouble for ride-hailing firms. It’s especially bad timing for Uber, as the company intends to go public next year.
A Roomba recorded a woman on the toilet. How did screenshots end up on Facebook?
Robot vacuum companies say your images are safe, but a sprawling global supply chain for data from our devices creates risk.
A startup says it’s begun releasing particles into the atmosphere, in an effort to tweak the climate
Make Sunsets is already attempting to earn revenue for geoengineering, a move likely to provoke widespread criticism.
10 Breakthrough Technologies 2023
These exclusive satellite images show that Saudi Arabia’s sci-fi megacity is well underway
Weirdly, any recent work on The Line doesn’t show up on Google Maps. But we got the images anyway.
Get the latest updates from
MIT Technology Review
Discover special offers, top stories, upcoming events, and more.