Nah..not really and yeah it's ride-sharing.
Dictionary(.com)'s defintion:
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It's actually not semantics at all. It's a legal loophole that they want to take advantage of. Trust me cities and states haven't had legal battles for several years now for no reason when it comes to Uber and Lyft and whatnot including my metro area. The whole reason they wanted to go toe to toe with city and state governments was because they felt like they shouldn't have to abide by rules set forth for taxis since they weren't taxis. Things like minimum insurances, background checks, fees paid to the state or city that taxi companies are required to do, fingerprint requirements for drivers, etc.
And consider the rating being talked about. Do you know of taxi companies that have an app where the drivers can rate their actual passengers and passengers can rate their actual drivers and where that rating has an arbitrary meaning for someone's profile?