Uber CEO Travis Kalanick just wrapped up a press phone call where he discussed the policy paper that the company released earlier this morning. The apper stated that Uber would be rolling out ridesharing services in cities where it had received "tacit approval" in the sense that regulators didn't crack down on other services. To kick things off, Kalanick noted that ridesharing is kind of a loose term, so he specified that he means "non-licensed drivers who are providing transportation services for compensation." He said Uber has been staying away from that business, because of the "extreme regulatory risk": "Believe it or not, that was at a level that we were just not comfortable with." (The "believe or not" refers to the fact that Uber has certainly seemed willing to fight other regulatory battles.)Source: http://feedproxy.google.com/~r/Techcrunch/~3/duRAmjMkWMc/
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