Nov.25 -- London’s transit authority refused to grant Uber Technologies Inc. a new license in the capital, endangering the ride-hailing company’s future operations in the city. While the company has made some progress in addressing Transport for London’s concerns, the regulator is still concerned that unauthorized drivers can manipulate the app to carry passengers, it said in a statement Monday. Nate Lanxon reports on "Bloomberg Surveillance."
Uber Loses London License Over Concerns for Rider Safety
Nov.25 -- London’s transit authority refused to grant Uber Technologies Inc. a new license in the capital, endangering the ride-hailing company’s future operations in the city. While the company has made some progress in addressing Transport for London’s concerns, the regulator is still concerned that unauthorized drivers can manipulate the app to carry passengers, it said in a statement Monday. Nate Lanxon reports on "Bloomberg Surveillance."
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