Uber Sued for $312 Million by London Cab Drivers

Uber is reportedly facing a $312 million lawsuit from drivers of London’s black cabs.That suit, according to a Bloomberg news report Thursday (May 2), was filed by more than 10,800 cabbies and accuses the tech giant’s ride hailing operation of operating in Great Britain’s largest city illegally. The cab drivers allege that Uber’s license to operate in London was obtained improperly, and that the company intended to gain market share illegally, taking business away from black cab drivers if necessary.“Uber k ...