Daily Crunch: Uber faces legal battle in London

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1. Uber has again been denied licence renewal in London over security dangers

With Uber’s two-month license extension in London coming to an pause, the firm has every other time been denied a plump renewal by the metropolis’s transport regulator — which said that it had stumbled on a “sample of failures” that do “passenger security and security in concern.”

This doesn’t imply the firm has to pause London operations straight away. As an replacement, Uber says this could maybe presumably charm the determination, and that’s also ready to proceed working in the metropolis in the course of the appeals activity.

2. eBay to promote worth market StubHub to viagogo for $4.05 billion

The deal will merge StubHub’s U.S.-based mostly completely mostly market with viagogo, which serves a world viewers as a worth market in Europe, Asia, Australia and Latin The USA.

3. More than 1 million T-Cell prospects uncovered by breach

A T-Cell advertising consultant told us that the attack became as soon as stumbled on in early November and shut down “straight away.” However even as you’re a T-Cell buyer, it’s miles in all probability to be a correct thought to swap your password and take a look at up for your fable particulars.

4. Scribd raises $58M for subscription e-books and audiobooks

At the initiating of this year, the firm — known for a Netflix-vogue, book and audiobook subscription — announced that it had better than 1 million paying subscribers. It also said it’s been profitable since 2017.

5. HP rejects Xerox again, but leaves door birth for negotiation

In a letter released this morning, the HP board of directors summarily rejected Xerox’s most up-to-the-minute takeover provide, pronouncing it greatly undervalues the firm. At the the same time, it left the door birth for extra negotiation.

6. Inner Prosus Ventures’ $4.5 billion wager on India

TechCrunch spoke with Larry Illg and Ashutosh Sharma of Prosus Ventures (for the time being in the midst of a takeover try of British food transport startup Precise Like) to attain how most critical food tech is for the investment agency and the bets it’s miles making in India. (Extra Crunch membership required.)

7. This week’s TechCrunch podcasts

This week’s Fairness skips the present news roundup for an interview Poshmark CEO Manish Chandra and investor James Currier. And over at Usual Issue, we overview Netflix’s first song opponents point to “Rhythm + Scoot with the scamper.”

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