Uber Loses London License Over Concerns for Rider Safety

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Uber Technologies Inc. lost its license in London for the second time in less than three years, putting one of its biggest markets outside of the U.S. at risk after the transport regulator said it failed to address safety concerns.The company’s app has a vulnerability that allowed thousands of unauthorized users to pose as Uber drivers by uploading their photos to licensed accounts, Transport for London said in a statement on Monday. Uber has 21 days to appeal and can continue to …read more

Source:: Yahoo Finance

      

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