By Julia Fioretti , Brussels (Reuters) – – The European Commission will launch a study in September of the ride-hailing app Uber in an effort to settle legal disputes that have pitched the U.S.
Read moreBy Alastair Sharp TORONTO (Reuters) – Toronto taxi drivers are launching a class-action lawsuit against ride-sharing company Uber Technologies Inc [UBER.UL], seeking more than C$400 million ($307.27 million) in damages and an injunction to stop it operating in the Canadian province of Ontario. Law firm Sutts, Strosberg LLP, which is representing the taxi drivers, said in a statement on Thursday that the named plaintiff, cab driver Dominik Konjevic, alleges that “Uber X and Uber XL have created an enormous marketplace for illegal transportation in Toronto”
Read moreBy Leila Abboud and Gwénaëlle Barzic PARIS (Reuters) – Orange has begun talks with several potential buyers for parts of Jazztel's fiber network, which it has agreed to sell to get regulatory approval for the takeover of the Spanish broadband company. Nicolas Laederich, an executive who handles regulatory affairs and competition issues for the French telecoms group, said the divestment would be paired with a promise to rent out capacity on the company's fixed network to whoever buys the fiber assets
Read moreNew Delhi authorities on Wednesday asked India's federal information technology ministry to block the taxi-hailing apps of U.S.-based Uber and its local rival Ola in the city in a bid to enforce a ban on the companies' services. India in December ordered all unregistered web-based taxi companies to halt operations until they obtain an operating license after a driver contracted with Uber was accused of rape. The ban, however, has largely been ineffective and both Ola, backed by Japan's SoftBank Corp, and Uber have continued to operate in Delhi while their license applications are pending.
Read more(Reuters) – Ride-sharing company Uber has been ordered by South Carolina regulators to cease operations in the state while it remains in the process of seeking permission to legally do business there.
Read more(Reuters) – Ride-sharing company Uber has been ordered by South Carolina regulators to cease operations in the state while it remains in the process of seeking permission to legally do business there. The San Francisco-based company, valued at about $40 billion in its latest fundraising, has touched a raw nerve in many parts of the United States and other countries by threatening to open up often tightly controlled and licensed taxicab markets.
Read moreThe New York Post said some of its Twitter accounts were hacked on Friday, in the wake of a series of inaccurate posts on the social network relating to the Federal Reserve, Bank of America and U.S. military engagement with China. Similarly peculiar messages appeared on a Twitter account controlled by United Press International.
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