Uber was in the news yesterday because one of its top executives was caught saying that they might just hire some private investigators to dig up the dirt of a journalist who has been critical of their operation. Especially concerning to many people attentive to privacy issues because Uber would have access to data on its users' comings and goings.
A company like this may seem an upstart, but it has been capitalized by extremely wealthy people, masters of the universe, while the taxi companies are owned and financed by smaller more local players. We may think Tory old and stodgy, but it is not completely surprising that someone who has sat on the Rogers board and on the board of a communications company owned by Paul Allen would favour the sandbox of venture capitalists. If formerly bread and butter industries can be converted by the magic of technology into assets that can be controlled by media companies, it's good for John Tory and the friends of John Tory.
