London’s transport regulator said on Monday it has yet to decide on whether to renew Uber’s operating license in the city after a media report said the taxi app would lose its right to take rides in Britain’s capital. LBC radio reported on Monday, the day the Silicon Valley firm’s license expires in London, that Uber will not receive a new license in one of its most important markets, citing several unnamed sources. A spokesman Transport for London said no decision has been made. …read more
Source:: Yahoo Finance