LONDON (Reuters) – London’s Mayor Sadiq Khan said everyone must play by the rules when asked on Thursday about taxi app Uber’s (UBER.
FILE PHOTO: A screen displays the company logo for Uber Technologies Inc on the day of its IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid/File Photo
LONDON (Reuters) – London’s Mayor Sadiq Khan said everyone must play by the rules when asked on Thursday about taxi app Uber’s (UBER.N) London license, which is due to expire in less than a month’s time.
“It would be inappropriate for me during a time we’re considering the application from any operator to comment on it and give a running commentary,” Khan told LBC radio.
“You will know my track record which is standing up to the big boys, and they are boys, and make sure everyone plays by the rules whether you’re a big business or whether you’re a small business and I don’t care how many lawyers you employ or how big your PR budget.”
Regulator Transport for London decides on licenses and is chaired by Khan.
BlackRock Inc is taking a roughly $875 million stake in Authentic Brands Group LLC that values the closely held brand development, marketing and …
Aug 12 (Reuters) – The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
– BlackRock Inc is taking a roughly $875 million stake in Authentic Brands Group LLC that values the closely held brand development, marketing and entertainment company at more than $4 billion including debt, according to people familiar with the matter. (on.wsj.com/2Z2zn3U)
– A deal between Microsoft Corp and a celebrity videogamer known as Ninja opened a new front in the tech giant’s battle to dent rival Amazon.com Inc dominance of the game-streaming business. (on.wsj.com/2ZUXgrw)
– United Parcel Service Inc is retaining close ties to Amazon.com Inc, one of its largest customers. The Atlanta-based shipping giant gets close to 10% of its revenue from Amazon, according to a Morgan Stanley estimate, a figure that could grow as the online retailer seeks new carriers for the packages that once went to FedEx Corp. (on.wsj.com/2ZUN7uZ) (Compiled by Bengaluru newsroom)