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Tag Archives: Uber

EU readies tax on US tech titans

The European Union will next week unveil plans for a digital tax on US tech giants like Facebook, Amazon and Google as transatlantic tensions flare over prospects of a trade war. The move is aimed at recovering billions from multinationals that divert European earnings to low-tax countries, and opens a …

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Now the race is on to come with a viable flying taxi

Flying cars are just starting to inch their way out of science fiction. But that is not stopping some companies from planning for flying taxi services. A growing collection of tech companies, aircraft manufacturers, automakers and investors are betting that fleets of battery-powered aircraft will give rise to air taxi …

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Uber Loses License to Operate in London

Uber’s history of scandals and disregard for local rules finally caught up with it on Friday, when London declined to renew the ride-hailing company’s license to operate in the city, its largest European market. Transport for London, the agency that oversees the city’s subways, buses and taxicabs, declared that Uber …

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