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Uber’s CFO steps down
Shockingly, Lyft isn’t getting demolished by Uber
Last summer, Uber cut its prices in New York City and said it was cheaper to take an UberX than a yellow cab.
Now, a group of scientists say they’ve figured out when it’s cheaper to take Uber, and when it makes more sense to just hail a cab in New York City.
Cecilia Mascolo at the UK’s University of Cambridge and her colleagues compared data for UberX rides with information about the costs of yellow taxi rides, the MIT Technology Review reports.