if uber, if they close uber down, i have no idea where i can go.hecks and failures to report sexual harassment allegations meant it would be stripped of its licence, and city hall backed the move. tfl does not reach these decisions lightly, they have to act like a judge and look at the evidence. they've looked at the evidence and concluded that uber are not playing by the rules. if users of uber and drivers are angry, then they should be angry at uber. the company refutes these charges and says it will appeal. we are absolutely astounded. we are going to fight this to support those drivers who will be be put out of work by this decision. we believe that consumer choice is a fundamental positive thing. that londoners should have. some consumers say safety is one of the reasons they choose uber. i use uber for when i need to get home safely on time that kind of thing, i would be a bit more nervous travelling on my own, probably not now i am older, but when i was younger, thinking about younger siblings and that kind of thing, it's nice to be able to

what is the price difference between uber and black cabs? have done lots of work. during the day, they are about 20% cheaper than us, but at night for longerjourneys it can be 50%. for airport journeys, it looks like it is half the price, really. it depends where you are, but they are awful lot cheaper, but there are reasons for that. it has a predatory pricing model, it has been set up to force people out of business. it is completely on economic. it has remained below the black cabs for a very long time, predatory pricing tends to be temporary and then you put them up. that is because they haven't put us out of business. what they have done is putting 75% of the existing minicab company is in london out of business. but there are many more drivers than there were. and all earning the minimum wage. buffer consumers that is good news? cheap t—shirts made in china for a pound by children are good for consumers but that doesn't mean they are morally right. you don't go to supermarkets to buy vegetables in case you put the greengrocer‘s out of

i would hope uber and transport for london will resolve this over time and we will continue seeing uberndon streets. emily: what is the appeals process? how long could it take? >> it is not exactly clear. it will take time for it to play out and see. the mayor's response has been very interesting. emily: the mayor supported transport of london? >> as soon as it came out. the political ramifications will be super interesting. i think uber will emphasize they have this immigrant base of drivers, a sympathetic base. there are larger issues at play in london about the class of the black car driver versus the immigrant class of the uber driver. playing up that debate could be to uber's advantage in terms of saying we have people who need this job working for us. you're really going to throw them out on the street -- on the street. emily: david, final thought? david: if i were lyft, i would be working hard to launch to have those drivers work for me. that company has a much better reputation. emily: david kirkpatrick, you are sticking with me. eric newcomer, thank you. gerard, thank you for j

♪ ♪ emily: what game is massa playing by approaching uber to invest in uber after investing in all uber'sound the world? what's going on there? nikesh: that's a great question for massa. you should have them on and asking that question. emily: what do you make of the moves he is making? they are very bold moves. nikesh: massa is one amazing thing -- one thing he has that i haven't seen anywhere else in the world is as we get older, as we get more successful, our risk appetite changes. as hard as you try not to change it, it does change. but masa has zero change in his risk appetite, he just wants bigger and bolder things. and he's an amazing optimist. he looks at a 300-year vision or a 50-year vision. he doesn't do things in three months, six months, nine months, thought processes. he's found some partners who he 's working with to give him access to a huge amount of capital, and he's out there busy sowing the seeds for creating this cohesive information revolution. that's what i can see from where i stand. emily: you were the heir apparent. you were supposed to succeed him. nikesh: yes.

uber says it will appeal.

coming up, a major blow for uber . the company is responding to having its license revoked in london. what it means for competitors. "bloomberg technology" is live streaming on twitter. check us out on weekdays. this is bloomberg. ♪ emily: now to a story we have been covering all day on bloomberg. london is sliming the brakes on uber. the right toking operate. the impact could be huge. 40,000 drivers in the british capital. dara khosrowshahi says i have learned that change comes from suffer flexion. the truth is there is a high cost to a bad reputation. here to wrap up the news and what it means to the world's the valuable startup, c.e.o. of a nonprofit that focuses on accelerating growth of the tech industry in the region. he joins us from london. in san francisco, we have eric newcomer. still with us, david kirkpatrick, c.e.o. up techonomy. eric, you got the memo from dara khosrowshahi. what more did he say? >> sort of a back and forth. the head of the region sent an email saying everything uber was doing. wanted to

has this catapulted beyond uber's reach?as raised a lot of money over the years, over $15 billion. they have a lot of cash on hand. exploring a major investment from softbank which could add another $1.5 billion in direct investment to uber as well as secondary share purchases. i don't think it would handicap uber but lyft is at a major cash disadvantage which has held it back. $1 billion would allow it to compete on more equal footing with uber. shery: what are they expected to do with all that cash? >> it is still early. talks are ongoing. google has weighed the $1 billion. we will have to see what happens. there was one report about potential to expanding into canada, looking abroad. that is a possibility. just announcedft that they are operating everywhere in the united states but there are a lot of small towns where you can't get a lyft or an uber. they need to build up density because it is one thing to say you have coverage in a major city, it is another to hit smaller markets. there is plenty of her and for growth in

they did so and concluded that uber are not playing by the rules and if users of uber or drivers aref london, sadiq khan, there, talking about the decision by transport for london not to renew uber‘s license. the licence expires at the end of september but it will continue operating during the appeals process. we will have more reaction to that story over the course of the afternoon. let's talk about something com pletely let's talk about something completely different. manchester is to ta ke completely different. manchester is to take the lead in a new area of bb said. it will see the insects connected to the internet. behind this fire station in stockport, some bees are about to get connected. an australian scientist leading the monitoring project is fitting them with a chip which will allow them to be tracked. we are using superglue and what we will do, we will pick up a tag, find a friend. it does take some time. and it takes a little bit of practice to get technique. he may not find it hard but i struggle to fit a tiny backpack onto a bee. some of these desperately want to be ta

if uber, if they close uber down, i have no idea where i can go.s over driver background checks and failures to report sexual harassment allegations meant it would be stripped of its licence, and city hall backed the move. tfl does not reach these decisions lightly, but they have to act like a judge and look at the evidence. they've looked at the evidence and concluded that uber are not playing by the rules. if users of uber and drivers are angry, then they should be angry at uber. the company refutes these charges and says it will appeal. we are absolutely astounded. we are going to fight this to support those drivers who will be be put out of work by this decision. we believe that consumer choice is a fundamental positive thing. that londoners should have. some consumers say safety is one of the reasons they choose uber. i use uber for when i need to get home safely on time that kind of thing. i would be a bit more nervous travelling on my own, probably not now i'm older, but when i was younger, and thinking about younger siblings and that kind o

he takeseadache as over uber. this is a continuation of what has been a pretty antagonistic life for it uber. the have been fighting with historic black car industry, which had a stranglehold on the city for centuries. about economics and immigration because many of uber drivers are not from england. and it's about control of a lucrative industry. i think they will appeal. i think this gets settled. over now, there are 200,000 signatures to london's mayor to reinstall it uber. how important a market is london for it uber? brad: it's important. it is a mature market. lyft does not operate there. it's a couple percentage points if they were to stop operating there, which is not going to happen in the short-term. right now, there are so many questions around the valuation. healthy not good for the of the company, but i think we're a long way from's weighing they are going to lose london. black cabs are more unionized than they are in the united states. what kind of defense can they mount? brad: the argument has alway

uber are appealing the decision.us president donald trump. the launch of the missile, which has a range of 2,000 kilometres, was shown on state tv. the test comes just days afteertrump, speaking at the united nations, attacked iran's missile programme and its nuclear deal with the west. the two main party leaders in germany will make their final appeals to voters today before sunday's elections. chancellor angela merkel‘s centrist party have a clear lead in the polls. in what is now a familiar picture across europe, both mrs merkel and the social democratic leader, martin schulz, are urging voters to shun the anti—islam, anti—immigrant rhetoric of right—wing candidates that have gained support in the run—up to the election. the national trust has a record five million paying members — that's more than any political party or football club. but despite the booming membership, the organisation has been criticised for being too powerful and too old —fashioned. our correspondentjon kay has been speaking to the charity's b

they say uber is underregulated and will put them out of business. >> uber's troubles run deep. and not only in the u.k. >> uber has abandoned several cities already. the national governments are already taking notice i think. i think it's time uber also took notice. >> uber will be allowed to operate as it appeals the decision, the rapid acceleration in london has been thrust into reverse. lucy kafanov, nbc news, london. >>> help wanted, where the job is and jobs that pay well, even if you don't have a college degree. >>> also, the golden opportunity that has so many people heading to the remote hills of california. >>> we're back with a look at jobs of the future, what some call new collar jobs or middle skills jobs that don't require four years of college, but do require additional training in computer or tech. a shortage of candidates is expected to grow as baby boomers retire and e commerce expands. the airline industry is among those where help is wanted. we get more from ali velshi. >> reporter: joe mcdermott isn't just looking for pilots with the right stuff. he's lookin

cory: uber must -- might know it now.ric: uber's argument seems to be we did our best to wall it off. even if this firm has it, which we don't know yet, that was part of our effort to keep it out of uber's hands. cory: what does it mean for the struggles of uber's board right now? hey, this is the former ceo, let's stick this problem on him, or are they going to have to own this? eric: self driving is important to uber. i think it's a key case. it's hard to imagine. anything is possible, honestly. and i don't think it's clear right now. cory: it's a peculiar business model for an asset-light company to pursue an asset-heavy strategy. great stuff, eric newcomer. waymo's ceo is on stage at the bloomberg sooner than you think conference. here he is speaking with bloomberg's brad stone about when we will all get our own self driving cars. >> i think the answer literally is the name of this conference. it's sooner than you think. we have been working on this at google and now at waymo for over eight years. we have driven well

the merger is like a blend between uber and u-haul.ith the alibaba-backed freight business. we spoke earlier about what makes this company so valuable. >> we have a lot of pieces in china. we have a lot of synergy. it would reach more than one million drivers in china to share our customer database and they share their base with us so we can share one gigantic network in china. that is where we have a lot of synergy. >> did the company raise new funds on this merger? >> we are working on that now and very excited because you really see a company that has southeast asia grow really fast. >> have you gotten any kind of funding from vc's? how much are they putting in? how much has the company raised in total? >> they split up from a company supported by alibaba is a major shareholder. gogovan raised several rounds of funding. in terms of the total amount, they raised over $300 million in 2015. for us, a little less than $15 million before. >> fill us in on a few basics about the two companies. you are similar in what you do. how did you g

uber flouted that.eir business model, beyond the scope of the inquiry led by tfl, and one of the reasons why people can enjoy rock bottom fares with uber is they are artificially low because they don't pay their drivers properly, they are leading a race to the bottom in terms of pay, terms and conditions, they don't pay their fair share of tax in the uk, and they are saturating the market with huge numbers of vehicles to drive out competition, and they are able to do that because of the huge amount of venture capital behind that. that is a much wider debate about the future of the economy, the so—called gig economy, and the way in which we enforce better standards across that, but in terms of the scope of tfl's decision, they have got uber bang to rights. is it not, though, true to say that there was a substantial gap in the market before they came along because, in the minds of quite a few people, black cabs are too expensive? well, a licensed black taxi is a premium product. you are paying for our dri

but uber disagrees.ondon have regularly audited us, you know, they've carried out the largest audit in their history, and, you know, we've passed with flying colours. the last time the audited us to check that we were playing by the rules, they found that there were zero errors in our processes. nevertheless, tfl have deemed them "not fit and proper" to renew the licence. safety has got to be paramount. the regulator's doing itsjob. if uber customers, or indeed uber drivers, are upset or angry about this situation, don't blame the regulator for enforcing the rules. let's blame the company that flouts them. uber have said they will appeal the decision. their london licence runs out at the end of this month. jessica parker, bbc news. the mayor of london has responded to the petition, saying, "i have every sympathy with uber drivers and customers affected by this decision, but their anger really should be directed at uber." "they have let down their drivers and customers by failing, in the view of tfl, to a

so what next for uber? is an uber driver here in london, as well as charlie edmunds and mille sansoye — who both use the app, expressing a major concern. james comey you want the tribunal last year. how worried about are you about the appeal? i'm not worried at all. in 2014, ubertold about the appeal? i'm not worried at all. in 2014, uber told the london assembly it was a different minicab organisation, that it was a happy, shiny, sharing economy type of operator, and that the rest of the industry was brutally exploitative, andi industry was brutally exploitative, and i understand the argument today they are making is that they are just like the rest of the trade, so i guess they are acknowledging finally that they are brutally exploitative. so we are here to get the law enforced. it is a shame that we have to do it rather than the government doing it. it is more time than people can afford. emma, you area than people can afford. emma, you are a fellow uber driver. what do you say to james? i am disappointe

uber has 21 days to appeal. here's jonathan vigliotti. >> reporter: didier ndjiki is among the 40,000 uber drivers whose future is now unclear. you just recently bought this car, and without uber now, you're going to struggle to pay it back. >> reporter: uber has grown to 3.5 million customers here in about five years, cutting into the market of the city's famed black cabs, which date back to 1634. >> before i wouldn't get a black cab, generally, because i just found them very expensive. when uber came, it was like, oh, okay. >> reporter: the city's transport authority said it had concerns about uber's lack of background checks on its drivers, as well as how the company has handled allegations of sexual assault. but according to police, there were two sexual assault complaints against uber in 2016, the same number as black cabs. black cab drivers have fought against uber since it moved to europe. they say uber is under-regulated and will put them out of business. >> our money's been cut, not by a lot, by about 1

if uber, if they close uber down, i have no idea where i can go.s said concerns over driver background checks and failures to report sexual harassment allegations meant it would be stripped of its licence, and city hall backed the move. tfl doesn't reach these decisions lightly, but they've got to act like a judge and look at the evidence and they've looked at the evidence and concluded that uber aren't playing by the rules. if users of uber and drivers are angry, they should be angry at uber. the company refutes these charges and says it will appeal. we're absolutely astounded and we're going to fight this to support those drivers that will be be put out of work by this decision and we believe that consumer choice is a fundamental positive thing that londoners should have. some passengers say the reason they use uber is cost, yes, but also safety. i use uberfor when i need to get home safely, on time, that kind of thing. it's quite nice to be able to know, that i know that i can track literally where they were. it's going to be a pain in the backs

eric: uber buys the company.ory: paid by the trucking company, but they are not pursuing that at all. eric: uber's focus is, as you know, self driving cars, and they put him in charge of their self driving car effort, then waymo digs around to see if any of their trade secrets have gone with him. that's the basis of this suit. cory: uber wants arbitration why? eric: they don't want it in public. there are lots of embarrassing details that could come out. they were basically saying that waymo should be bound by its agreement to arbitrate things with anthony levandowski, even though they are only suing uber and not levandowski in this case. cory: they are trying to take the arbitration clause that they had with levandowski. eric: exactly. cory: so, now the trial happens. we will get some discovery. the trial seems real soon. eric: the key of the ruling -- uber sort of suspected that maybe there would be issues, so they did all this diligence and had a cyber forensics firm looking to everything that levandowski had.

how are uber investors feeling about the board selection?oke with michel green, an early investor in the startup. take a listen. >> i'm sure he will be involved. the build a $35 billion juggernaut growing superfast. i'm sure he will be involved in some capacity. what our relations like and kalanick?dge than invested much later benchmark. i wish i had invested when they did. i'm sure given time we and lots of other shareholders will not want that -- will want that to settle down. i'm sure given time, it will. >> how soon are we going to get the ipo? ara came out and said 18 to 36 months. we have been under the impression it was 2019 or 2020 ipo. we are in no rush for them to go public. we were an investor in alibaba group in 2009 and 2010. they were a private company for 15 years almost before they went public. we are in no rush. it is nice to see dara put a timeline on it. i think that will calm a lot of investor nerves. >> this week has all been about the challenges he faces, comparing his challenges at expedia to what he will face at uber.

took the helmahi at uber.ke with okerstrom and asked him about his new role. >> these things you talk about them for years. like a sports analogy, you prepare the team for the big game. you get a call on sunday night and suddenly game isn't two weeks from now. it's tomorrow. kind of unfolded a little bit like that. we were all ready for this. we're all pretty excited around expedia. andre very excited for dara i am excited for the people at uber. i think he will do a fantastic job there. emily: when it comes your job, they say no one else was considered. you and dara have been working together for years. what is your vision? what are some things you might do differently? >> i've been very involved in the strategic direction of this company for a very long time. dara and i have been lockstep in really all of the major strategic decisions along with our chairman barry diller. i don't have a long list of things that i'm dying to change. we've got a number of priorities across the company, certainly becoming more

not to renew uber's operating license. that means drivers might not be able to continue offering their services within a few weeks. transport for london says uber is not fit and proper in public safety and security, but not for the reasons you might think. >> the loss of its license is more than a small road bump for uber, but the ride hailing service says it is planning to power through by preparing an appeal. it accuses london's transport operator of unfairly favoring the city's traditional black cab drivers, disgruntled at uber's marketshare. >> i think what is clear by this decision is the transport for london have caved under pressure from the small number of individuals and groups that want to restrict choice for consumers and competition in london. the impact of the decision will put over 40,000 licensed drivers out of work with no means to support themselves, their families, their loved ones. >> the transport authorities took issue with uber's approach to reporting serious criminal offenses. background checks on dr

uber, the challenge to uber, do you use uber yourself? not that i'm aware of.usly i can't comment on the legal challenge itself, but the issue is down to the company. tfl implements the regulations, if the company isn't abiding by the regulations, it should address that. what about amazon, do you use that yourself? sometimes, sometimes. isn't that a bit naughty? well, i've been campaigning on their tax campaigners well, that's right. so i'm quite considered about it. isn't there a real difficulty in the 21st—century? how do you say... because in the old days, you didn't eat south african fruit. or some people didn't. i didn't. yes. but this, it's more difficult? no, it is difficult. you know, you have moral choices to make. and sometimes it's as a result of people like uber, because people have been using that because it's cheap, etc. but a lot of people now are waking up to the fact that because of tfl's ruling, there are issues that have to be addressed. so i think the moral pressure on any company like that is to get within the regulations themselves. are th

in the meantime, uber say they will fight their ban.ependent newspaper run two stories on their front page. a jubilant photo of kurds voting in their independence referendum. but it's their roundup of all news brexit we're going to discuss, with european officials calling the process a "mess." is it creating problems for mrs may at home? and finally, together at last. those are the words that accompany a picture of prince harry and his actress girlfriend meghan markle as the pair stepped out together for their first official public engagement at the invictus games in toronto. so let's begin. with me is jane foley, senior fx strategist, rabo bank. good to see you. good morning. north korea accusing the united states of warmongering after this tweet by donald trump. it read time we think the tensions of deep, they simply pick back up. —— every time we think the tensions dip. yes, this was that speech at the united nations, there we re speech at the united nations, there were other dignitaries who felt that trump's words were inappropriate

london slamming the brakes on uber.re lessons to operate has been revoked, adding to the list of problem's the rideshare company faces. and the reviews for the latest installment of the iphone are mixed. u.s. markets close in two hours time. let's get a check on where they are trading. indexes, get to the let's talk about that john mccain headline. >> it has been pretty swift with the reaction, so swift that you still have kim jong-un up behind you as we were talking. this is the bellowing very quickly on this headline that mccain plans to vote no on the graham cassidy bill. here's the s&p 500 managed care index. this is the spike, it has changed a little bit, but you saw how it is falling going into this headline. some of the large health insurance companies like the united health cares of the world have not been moving much over the past few months, but they have been moving today. united health is still down. those companies are seen as having more leverage in the health care policy changing. ne, which has more expos

londoners use uber.e really saying is, look, there are not credible transport alternatives particularly in the evening. yes, there are night buses but the tube doesn't run all night long black cabs aren't a realistic alternative to everybody they're very expensive, aren't enough of them on the roads and furthermore some still only accept cash which seems a bit strange in this day and age. in fact, a lot of the anger is being directed against bloack cabs who lobbied many years, staged many protests, et cetera, and obviously jubilant at having got their way. reactions, the conservative party has come out and said labor has gone too far once again and say ordinary working people who are going to be hit by this decision they did, however, acknowledge that uber must address safety rrns which is really what london mayor issadiq khan said. he said security and safety concerns must be addressed and he said, look, people should not be angry at transport for london, for simply doing their job. they should be angry

emily: eric, now to uber. we know the transport for london has revoked uber's license in london.ister theresa may has stood up for uber saying the ban is disproportionate. tell us what happened. >> uber is still operating in london as this is being repealed and reviewed. -- appealed and reviewed. the labour party player and theresa may of the conservative party. we have political tension with uber in the middle. uber's c.e.o., dara khosrowshahi, is going to london to try to make peace. this is a top priority of his to make sure uber remains operational in one of its most profitable and important cities. it is a big deal for uber, but i think they grabbed the bull by the horns. when the prime minister comes out to support you, it seems you have some political supporters in the country. emily: we know dara khosrowshahi will be in london next week to try to work things out. are you expecting immediate progress or agreement in short order? >> we will see. he struck a very contrite tone, so maybe there are reforms they could make to signal a stronger change. from where i sit, it seems

uber says it will appeal.disappointed about the decision, but i think uber will do something to fight back. the north korean leader describes president trump as "deranged", as the regime says it's considering a nuclear test over the pacific ocean. counter—terrorism operations are placing unsustainable pressure on everyday policing, warns one of the country's most senior officers. a poll finds women haven't received new warnings about the dangers of taking the epilepsy drug valproate when pregnant. and coming up in the sport on bbc news, james haskell is the most experienced of four offers some‘s british and irish lions to be left out of england's‘s autumn training camp. good afternoon and welcome to the bbc news at one. theresa may is preparing to deliver her long—awaited speech in florence about the government's plans for brexit. the prime minister will say the uk and the european union have a responsibility to make brexit work and she's expected to offer continued payments to the eu during a two—year transit

and the two parting ways uber and the two parting ways uber >>> good morning. on 6:00 a.m. now. >> what a relief that is. and you're going to get still a splash of summer. for all of you lamenting the fact today we're going to see fall, have no fear. >> that october heat wave is in the forecast. we'll get to that in about ten minutes. let's talk about getting you out the door if you're short on time. look at the breezes calm to about ten miles an hour. significantly slower than yesterday. high pressure taking over. that's why we're going to have total sunshine. still gusty in our hills up to 20, 25 miles per hour. those will also calm today. 12-hour day planner. 51 to 53. notice at noon we're still cool, 60 to 65. we'll stay 62 at the coast. 70 to 73 around the bay and inland. as we head to 7:00, 59 at the coast, about 64 for our bay and inland neighborhoods. cooler than average. wait until you see those 80s and 90s. alexis? >> one trouble spot this morning. our traffic alert on southbound 101 south of sfo. a four-car crash, one of those vehicles caught fire wh

uber's reputation, uber's conduct. how important is it that dara gets this turned around?well, as you guys have covered extensively, he's one of the most respected ceos in the tech industry, given his background in travel, someone that has just a tremendous amount of respect throughout silicon valley and throughout the country, so i would be shocked if he doesn't get out front and center on this personally, wouldn't shock me to see him personally go over to london and try to smooth out some of the issues that they have, but you're right, john, london is one of the major metro markets you've got to be in if you're uber. i can't see how they could operate as a company and not be in london, because it calls into question some of the other major markets around the world, and they certainly don't want to see this become a trend. my guess, he does whatever he has to do to course correct the policies that they put in place and to play nice with the government there, and really be a good actor within that market, as well as other markets they've got a lot of competition. over in c

eric, what is uber accused of doing?ing this program ,"ich they terribly named "hal like idiots. i think they would say that now -- to sort of examine the lyft app and see where drivers are and potentially figure out what drivers they could recruit to be uber instead. emily: how did they do that? >> it is sort of complicated. i think it is a bit of software p throughthe lyft ap technology to understand the free information lyft was probably giving away. uber figured out we should not show it so they cannot get it. they used that information to have a leg up over the competitor. bob: it raises an interesting question about the services in general because this kind of data scraping theoretically could happen lots of places. emily: is it even illegal? bob: it is a question of terms of service. there are a number of things that could potentially be very dicey from a legal perspective. it does raise the question of, does this sort of thing need to be monitored more closely? does there need to be some kind of legal control ove

how did they do it and how does any apply to uber? can we do it again back in 2005 online charges like expedia they were a new thing. expedia with price line trands formed the way people booked flights and hotel. going to the days of travel agents working out a physical brick and mortar -- companies like expedia find you the best prices to put it in contemporary terms, expedia and priceline were the uber and lift of the travel agency when he took over expedia the company has 15 billions in annual bookings. as of last year, $72 billion in bookings this wouldn't have -- this would have happened with or without expedia, it was a move everybody embrace. dara did an excellent job of ha hard necessarying a trend. in 2016 he bought a control interest in trif goes, the website that compares hotel rates across booking sights worldwide and this has been high growth assets for expedia since the deal last september they spun off trif goes as a separate company. the deal made a lot of sense for expedia shareholders the gape changer was when expedi

uber is planning to respond.g us now will they be successful or is this it for uber in the u.k.? >> this is something that can drag out for a while. uber has been entangled in some of these over the years. this is definitely one of the biggest because london is a very important market for them. this will be appealed and maybe during this process, the two sides can reach some compromise. may be uber takes on some tougher restrictions that it had in the past. lawyeringis a lot of going on. mark: what is it 21 days? >> yes. mark: pretty damming indictment. vonnie: that they are not able to higher --two hold a license. how does the new ceo deal with this? >> this is just another controversy to throw under the pile for a new ceo. what the city is accusing uber of is a lot of safety violations. one, not doing proper background checks with drivers, and also things related to the medical care for drivers. and also a program that uber had in which it used software to essentially skirt government regulations. taking it all

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in one study in 2014, it was found that uber asked -- uber outperformed traditional taxis in terms of services to boroughs outside of the core of manhattan in new york city. and that of those rides which service those areas, 60% of them serviced areas that were below the household median for the entirety of new york city, again excluding the outright outlier of manhattan. we see the benefit to areas where there simply were no taxes -- taxis previously. similarly, study in los angeles found that low income neighborhoods could expect to wait twice as long and pay twice as much for a taxi as for an uber in their neighborhood. finally, one way that low income consumers have benefited is simply by what we call the last mile problem. these riders are reliant on public transportation but no matter how good of a public transit system you have, even if you have a metro that works like -- unlike d.c., you can expect that it will get you door to door. there is the last mile problem and how do you bridge the gap from your destination to the closest point in the transit system. often there are tim

another early uber investor released a letter today.nd it was in delaware to speak with the court. bear with me -- i just want to read a little bit of it. he is coming in on the side of travis saying, "we are swimming in the crucible of one of the grandest business and moral battles of our generation. the lives of millions of jobs created, liberating multitudes of drivers from the shackles of to iniquitous taxi cartels of corrupt travels -- cabals." i am glad i got all of that out. what is going on here? eric: i think, shervin -- he is a big friend of travis, and he has a lot of passion. he wants to show support. he is communicating in his own way that travis has done good by creating uber, which he sees as a public utility which broke up the taxicab coalitions. so i think he is trying to frame it in perhaps an overdramatic way. >> the problem is not only that the writing is overinflated, but it comes at a terrible time. this was a day about unity, and he is drawing more attention to the divisions that still are there. it feels a little

night feel much safer in uber because the uber place is tracking them you get into a cab, who knows? be making a call later today to an official regulator in london to express your displeasure how does this work >> well, no. i'm not really involved in the uber situation that's not at all to do with trade or fisheries, which is another big part of commerce we have our hands full doing the things that we are doing >> when it comes to the way the e.u. is dealing with google or some of the i.p. issues in china. >> ip issues in china are different because that very much is a trade issue they're not the only ones with whom we have intellectual property problems. the u.s. probably has the biggest cache of intellect property in the whole world, and everybody would like to free ride off of it you'll see in pharmaceuticals many foreign countries forcing the prices of drugs down there the pharma companies still have to pay for the rnd and they still have to pay for the fact that most drugs don't get through the testing. they have to pay for the fact it took them ten years to develop the drug a

uber's new santa rosa issue an apology in the london newspaper the evening standard and while uber revolutionizedransportation in the city, it is equally true we got things wrong along the way. we must change as uber's new ceo, it is my job to help write the next chapter. >>> apple siri is ditching the search for google and when it can't get an answer, google will fill in the gap. the voice assistant operates on iphones and macs and home pod smart speaker soon. >>> and as a matter of fact snap chat has different effects like rainbows and sunsets to foes, with skies in them. and it changes other sky filters which are rolling out in the new app now. and it will change regularly. >>> it is the battle for the worst. can the giants avoid baseball's basement? and jack del rio's answer, to the dismal performance in dc. game? what game? coming up. >>> virtually every part of the raiders football team imploded on the field in dc. leaving plenty of question marks for the head coach yesterday. the raiders were embarrassed on national tv. in a 27-10 loss to the redskins. in which the supposedly high powered

uber so it suspected that maybe there would be issues.did all this diligence and had a cyber forensics firm look into everything that he had. that report is sort of tightly capped, uber has refused to give it up, didn't even mention it in the beginning. finally a judge has said, you need to handed over to waymo. it will be interesting to see what happened, because we really haven't been able to turn up these files. that was the explosive claim, that there were all these files that uber had, and so far waymo hasn't been able to say, there they are. emily: eric newcomer, speaking with our editor at large, cory johnson. sticking with waymo, the ceo was on stage at the bloomberg's sooner than you think conference at cornell's campus on roosevelt island. he spoke with our senior executive editor, brad stone, about when we will get self driving cars on the road. >> i think the answer literally is the name of this conference. it's sooner than you think. we have been working on this at google and now at waymo for over eight years. we have driven