California Rules In Favor Of Ridesharing

The California Public Utilities Commission issued a new framework for ridesharing services operating in the state, TechCrunch reported.

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    The decision follows months of discussions between popular ridesharing startups like Uber, Lyft and Sidecar and state regulators. The announcement was seen as a win for the companies over local taxi and limo providers, who have raised concerns about ridesharing.

    For more on the development, read the full report here.