Uber barred from operating in London
Transport authority of London has rejected cab-hailing startup Uber's application to renew its license to operate in the city. Claiming that Uber's cab-hailing service is not "fit and proper", officials said, "Uber's approach and conduct demonstrate a lack of corporate responsibility". Responding to this, the company said it will affect 3.5 million Londoners and over 40,000 licensed drivers.