Uber jacks up rate for panic-stricken Aussie riders

The Washington Post is saying that Uber responded to the hostage-taking in downtown Sydney by immediately jacking prices for a ride out of the crisis zone to about $100 Canadian. It later stopped this tactic in the face of media criticism. Uber tweeted the price change as the crisis broke. The company has defended what it calls “surge-pricing” as necessary to encourage more drivers to pick up passengers when demand is high. Uh-huh.