london

London Cements Uber Ban Over Fake Identities
London Cements Uber Ban Over Fake Identities
November 27, 2019  |  Ridesharing

Uber was declared “not fit and proper” to operate in London — the ride-hailing company’s largest European market — and now has three weeks to...

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Uber Says ID Flaw Was Fixed Before London Ban
Uber Says ID Flaw Was Fixed Before London Ban
November 26, 2019  |  Ridesharing

Uber claims that the flaw in its app that allowed drivers to make unauthorized trips was fixed before its recent London ban. On Monday (Nov....

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Uber To Appeal Loss Of London License
Uber To Appeal Loss Of London License
November 25, 2019  |  Ridesharing

London’s transport regulator, Transport for London (TfL), has yanked Uber’s license to operate in the city, prompting the ride-hailing giant to file an appeal, Reuters...

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UK’s Magway Aims To Build Tunnels For Package Delivery
UK’s Magway Aims To Build Tunnels For Package Delivery
November 14, 2019  |  Delivery

A U.K. startup has proposed building a system of tunnels in the U.K. to deliver as many as 600 million packages a year to the...

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London FinTech TrueLayer Partners With Visa
London FinTech TrueLayer Partners With Visa
October 29, 2019  |  Partnerships / Acquisitions

London API provider TrueLayer is collaborating with Visa, which now has a minority stake in the FinTech as part of a $35 million Series C...

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Kazakh FinTech Defers London IPO On ‘Unfavorable’ Market Conditions
Kazakh FinTech Defers London IPO On ‘Unfavorable’ Market Conditions
October 08, 2019  |  IPO

Kazakh FinTech group Kaspi.kz has decided to postpone its U.K. initial public offering (IPO), which was poised to be the biggest IPO by a central...

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Lawsuit Against Google Gets Green Light From London Court
Lawsuit Against Google Gets Green Light From London Court
October 02, 2019  |  Legal

A U.K. lawsuit filed against Google by millions of iPhone users over data collection claims was given the green light by London appeals judges who...

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DeepMind AI Firm Owes £1.04bn To Owner Alphabet
DeepMind AI Firm Owes £1.04bn To Owner Alphabet
August 07, 2019  |  Debt

DeepMind, an artificial intelligence company based in London that Google bought for £400 million ($486 million) in 2014, is deeply in debt and owes its...

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Event Startup Fever Notches $35M
Event Startup Fever Notches $35M
August 05, 2019  |  Investments

Event startup Fever announced it has raised $35 million in a funding round led by Rakuten Capital. Atresmedia, Accel, and former chairman of U.S. investments...

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