London Won’t Renew Uber’s License


London’s transport authority announced Friday that it will not renew Uber’s license, saying the company is not “fit and proper” to operate in the city.

The move, if upheld after an appeal, could deal a serious blow to Uber’s business.

Transport for London cited the company’s approach to reporting serious criminal offenses, and the way it explained its use of software that prevents regulators and law enforcement from monitoring the app.

Actions have consequences. As new Uber CEO Dara Khosrowshahi wrote in a company-wide memo responding to this: “The truth is that there is a high cost to a bad reputation.”

Friday, 22 September 2017