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Food drink Daily Crunch: Uber deals with legal fight in London


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Food drink Daily Crunch: Uber deals with legal fight in London

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Uber has again been denied licence renewal in London over safety risks With Uber’s two-month license extension in London coming to…

Food  drink Daily Crunch: Uber deals with legal fight in London

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The Daily Crunch is TechCrunch’s roundup of our biggest and crucial stories. If you ‘d like to get this provided to your inbox every day at around 9am Pacific, you can subscribe here

1. Uber has again been rejected licence renewal in London over security threats

With Uber’s two-month license extension in London coming to an end, the company has actually as soon as again been rejected a complete renewal by the city’s transport regulator– which said that it had found a “pattern of failures” that put “guest security and security at threat.”

This does not mean the business has to halt London operations right away. Rather, Uber says it will appeal the decision, and it will be able to continue operating in the city throughout the appeals procedure.

2. eBay to offer ticket market StubHub to viagogo for $4.05 billion

The deal will merge StubHub’s U.S.-based marketplace with viagogo, which serves an around the world audience as a ticket marketplace in Europe, Asia, Australia and Latin America.

3. More than 1 million T-Mobile clients exposed by breach

A T-Mobile agent told us that the attack was found in early November and shut down “right away.” But if you’re a T-Mobile customer, it may be a good concept to alter your password and look into your account information.

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4. Scribd raises $58 M for membership e-books and audiobooks

At the start of this year, the business– known for a Netflix-style, e-book and audiobook membership– revealed that it had more than 1 million paying subscribers. It likewise said it’s paid given that 2017.

5. HP turns down Xerox once again, but leaves door open for negotiation

In a letter launched today, the HP board of directors summarily declined Xerox’s latest takeover deal, stating it considerably undervalues the business. At the same time, it left the door open for further negotiation.

6. Inside Prosus Ventures’ $4.5 billion bet on India

TechCrunch spoke with Larry Illg and Ashutosh Sharma of Prosus Ventures (currently in the middle of a takeover attempt of British food delivery start-up Just Eat) to comprehend how significant food tech is for the financial investment firm and the bets it is making in India. (Extra Crunch subscription required.)

7. Today’s TechCrunch podcasts

Today’s Equity skips the regular news roundup for an interview Poshmark CEO Manish Chandra and investor James Currier. And over at Original Material, we examine Netflix’s first music competition reveal “Rhythm Circulation.”

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