In new setback, Uber to lose license to work in London

In new setback, Uber to lose license to work in London:

LONDON (AP) — Uber will lose its license to operate in London because it may be endangering public safety and security, the local regulator said Friday, in a severe blow to a company already facing big questions over its corporate culture.

The company, which has been beset by a litany of scandals over its management style — from accusations of sexism to the illegal use of software to trick regulators — was told it was not “fit and proper” to keep operating in London, where it has 3.5 million passengers and 40,000 drivers.

H/t reader squodgy:

“Killing the economy?”

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