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Uber faces $5 million suit from San Francisco's oldest cab company
Another party is suing Uber over the ride-hailing service's business practices. This time it's San Francisco's Flywheel, the taxi company formerly known as DeSoto Cab, also known as SF's oldest taxi company. To the tune of a $5 million-plus federal suit, Flywheel alleges that since UberX came to be in 2012, the city's taxi industry has lost 65 percent of its riders and 30 percent of its drivers, according to SF Gate.
