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Uber taxi giving up on New York.

Stashed in: Sticking it to The Man!, Transportation!, Uber

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Uber, the smartphone car service dispatch company, tried to break into the New York City yellow cab market recently and immediately found itself in trouble with regulators. Today they are officially giving up and it looks like they'll end up losing money on the venture.

Poor Uber. Can't fight regulations in many cities at the same time.

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