Worth noting: Uber will appeal the decision, and can keep operating in London throughout the process.
From a statement by an Uber spokesman:
“Uber operates in more than 600 cities around the world, including more than 40 towns and cities here in the UK. This ban would show the world that, far from being open, London is closed to innovative companies who bring choice to consumers.”
Joe Murphy, the political editor of London’s Evening Standard newspaper, had this to say on Twitter:
The Wall Street Journal’s Greg Bensinger says that Benchmark, one of Uber’s earliest backers, won’t participate in a plan to let SoftBank buy out existing investors.
Facebook Bows to Pressure From Washington
Lawmakers had complained that Facebook had turned over evidence of Russian-linked political advertisements to special counsel Robert S. Mueller, but not to Congress.
The technology giant is now bowing to the pressure, agreeing to turn over more than 3,000 of those ads to congressional investigators.
The New York Times’s Scott Shane and Mike Isaac reported on Facebook’s reasoning:
“I care deeply about the democratic process and protecting its integrity,” Facebook’s chief executive, Mark Zuckerberg, said during an appearance on Facebook Live, the company’s video service. He added that he did not want anyone “to use our tools to undermine democracy.”
“That’s not what we stand for,” he said.
In a Facebook post, Mr. Zuckerberg also outlined the company’s newest initiatives:
• The service will now show which Facebook page paid for the ad, and the advertiser’s page will show all the ads the entity is running. (Still, that doesn’t necessarily identify who is running the page.)
• “We will strengthen our ad review process for political ads,” Mr. Zuckerberg promised.
• Facebook will hire 250 more employees for its security team.
• The company will expand coordination with global election commissions.
• It also promised to work closely with other technology companies to share threat information.
Mr. Zuckerberg also said Facebook was monitoring activity related to the German elections on Sunday:
“We’re also examining the activity of accounts we’ve removed and have not yet found a similar type of effort in…