SAN FRANCISCO — Uber admitted it used a tool to thwart
city regulators in a statement Wednesday that announced a review of its controversial Greyball technology.
Not exact matches
One thing that remains to be seen is how local
regulators will respond, especially
in cities like New York where it's illegal to rent out one's full unit
in an apartment building on Airbnb for less than 30 days.
A spokesman for the prosecutors
in the
city of Brunswick (Braunschweig) told Fortune that recent disclosures suggesting that chief executive Martin Winterkorn was aware of the long - running deception of U.S.
regulators already
in May 2014 — over a year before the company finally admitted it to the world — weren't enough by themselves to justify opening an investigation into the former boss.
The media outlet also said that Barclays had «started scouting the
city for office space this month and has been
in contact with Irish
regulators about expanding its operations,» according to its unnamed sources.
Uber is already available
in 42
cities, from New York to Taipei, and isn't slowing down, despite noise from
regulators: A new round of $ 258 million
in funding values it at $ 3.4 billion (see Uber feature story).
Though losing one
city won't seriously slow down either Uber or Lyft, the rush of alternatives suggests some shortsightedness
in their decision to play chicken with
city regulators.
We don't like to barge
in and not be licensed, we like to work with the
regulator to help the
city create a better transportation matrix.
Together over the course of the past year, Uber and Lyft have spent up to $ 9 million
in a vain effort to overturn the
city's proposed safety measure, viewing Austin as an important test case
in the broader struggle between local
regulators and Silicon Valley upstarts with novel business models and global ambitions.
Last December, Texas's
regulator for payday and auto - title lenders announced - without naming TitleMax - that it was «concerned» about the practice of offering a zero percent loan to customers
in those
cities.
Mr. Leissner has since left the bank, and
in March, Singapore
regulators banned him from dealing
in securities
in the
city for 10 years.
So when it comes to the executive functions of a national security
regulator, it can be truly national
in that it does not have to be centred
in any one
city.
Another early morning
in Vancouver, BC and a meeting starts with a full house of equity crowdfunding industry participants including entrepreneurs, lawyers, investors, securities
regulators, government, tech and finance executives who want to make sure this
city keeps its crown as the entrepreneur and tech startup capital of Canada.
Uber Technologies Inc. is making progress
in its bid to appease London's transport
regulator ahead of a critical court battle over its license to operate
in the
city.
The Bitcoin Center NYC has also played a vital role
in the promotion and preservation of the crypto - currency with
city's famous news outlets and
regulators.
He has directed barbs —
in speeches and videos, and on Twitter — especially fervently toward the taxi industry, but also toward
city and local
regulators across the country (and now the world), his rivals, and sometimes even his own customers when they dare to question his company's practices.
Backed by more than $ 250 million
in venture capital funding, Bird, LimeBike, and Spin have dumped hundreds of scooters for adults on the
city in recent weeks, much to the chagrin of
regulators.
New regulations — the federal government's
in 2016 and the banking
regulator last month — limit the creation of new highly indebted households, and should reduce demand
in cities like Toronto where speculative demand has been a factor, the central bank said.
«While our investigation is ongoing and we will inform the
City if this conclusion changes, our review indicates that Uber has not used the Greyball technology with respect to
regulators in Portland at any time during or since the implementation of Portland's [Transportation Network Company] regulations and pilot program
in April 2015,» Uber wrote.
The
City of Chicago actually recently banned crib bumpers because «federal
regulators for years have received reports of babies suffocating
in cases that involved crib bumpers, yet have failed to warn parents or investigate all deaths.»
At the same time, the measure would change the Multiple Dwelling Law and allow New York
City residents to share a single home and give
regulators information
in order to target bad actors.
In June, New York state and city agencies announced $ 34 million in tax credits for Aetna — the health insurance giant that threatened to pull out of Obamacare exchanges as it tried to persuade federal regulators to approve a controversial merge
In June, New York state and
city agencies announced $ 34 million
in tax credits for Aetna — the health insurance giant that threatened to pull out of Obamacare exchanges as it tried to persuade federal regulators to approve a controversial merge
in tax credits for Aetna — the health insurance giant that threatened to pull out of Obamacare exchanges as it tried to persuade federal
regulators to approve a controversial merger.
A Las Vegas technology company, Frias Transportation Infrastructure, gave $ 25,000 while pitching software to
city taxi
regulators designed to monitor cabbies» whereabouts
in real time.
At 10 a.m., community organizations release report highlighting lack of oversight of for - profit commercial bail bond industry
in New York
City and call on elected officials and
regulators to take immediate action to rein
in predatory and illegal practices,
City Hall steps, Manhattan.
They included Kathleen Rice, a U.S. representative from Long Island who unsuccessfully challenged Schneiderman
in the 2010 Democratic primary; Preet Bharara, the former U.S. attorney from Manhattan; Alphonso David, Cuomo's chief counsel; Michael Gianaris, a state senator from Queens and chief political strategist for the Democratic conference; Zephyr Teachout, a Fordham Law School professor who ran for governor
in 2014; Letitia James, the New York
City public advocate; Carrie H. Cohen, a former federal prosecutor who handled the trial of former Assembly Speaker Sheldon Silver; Rep. Sean Patrick Maloney, D - N.Y.; and Benjamin Lawsky, formerly the state's top financial
regulator.
An
in - depth report by ProPublica's Marcelo Rochabrun and Cezary Podkul reveals that
city and state
regulators stood by as developer Two Trees Management disregarded laws requiring rent stabilization
in exchange for the large property tax break it received.
State
regulators blame the use of firefighting foams at Stewart Air National Guard Base for the contamination and,
in response, have funded Newburgh's purchase of water from New York
City and a new filtration system designed to eliminate PFOS from water.
Ride - sharing companies can currently operate
in New York
City under an arrangement with the city's powerful regulator, the Taxi & Limousine Commission, that treats them like traditional for - hire car companies rather than full ride - sharing platforms built in part on casual driv
City under an arrangement with the
city's powerful regulator, the Taxi & Limousine Commission, that treats them like traditional for - hire car companies rather than full ride - sharing platforms built in part on casual driv
city's powerful
regulator, the Taxi & Limousine Commission, that treats them like traditional for - hire car companies rather than full ride - sharing platforms built
in part on casual drivers.
Mark Field, Conservative MP for the
City of London and Westminster has said that an «independent
regulator» was needed regarding funding «party matters»,
in order to avoid further damage.
Popular ride - sharing firm Uber has had its licence to operate
in London revoked
in a surprise move by the
city's
regulator.
Cities, counties, and state legislators and
regulators all have political interests
in the schools that may or may not line up with the interests of a school district's current board and management.
Although
cities haven't generally gotten involved
in regulatory proceedings, Laurent said their endorsements can help to alleviate the skepticism that
regulators often bring to new utility projects.
Instead, Martha Rudolph, who is one of the leading health and environmental
regulators in the state as director of environmental programs for the Colorado Department of Public Health and Environment, recommended «taking baby steps» on pushing climate action and cautioned that the
City of Boulder's potential climate lawsuit against oil and gas developers might not be the best approach
in pushing an environmental agenda.
City regulators denied the merger
in August, saying Exelon's generation mix — including a fleet of aging nuclear plants it is struggling to keep afloat — did not appear
in line with Washington's goal to add more renewable and distributed energy.
The study upends more than half a century of research that assumed outdoor air pollution
in cities was to blame for higher asthma rates — a hypothesis repeatedly used by EPA
regulators to justify the agency's regulations.
«Arkansas - based Murphy Oil Corp. has been meeting with environmental
regulators from the State of Wisconsin and the federal government to find out what permits it would need to launch its own $ 6 billion refinery expansion
in the lakeside
city of Superior.
The main thrust of the complaint against the LSB was whether it was «truly performing the role of oversight
regulator... or whether,
in the words of the Bar Council, there has been «mission creep»», former senior partner of
City firm Herbert Smith Lord David Gold said.
Wyoming Tight Gas Litigation (Amoco) Multi-district antitrust § 1 class action litigation
in Kansas
City between major oil companies, states and federal natural gas
regulators and utilities, involving claimed natural gas price - fixing (Kansas
City).
As Justice Dunphy points out, «[t] he goal of statutory interpretation is not to start with the desired outcome that the
regulator seeks
in light of new developments to see what means can be found to stretch the words used to accomplish the goal,» [69] which as he says is what he would have had to do
in order to rule for the
City in this case.
Insurance companies have submitted rates to the
regulator for motor insurance of each
city depending on the risks of accident and theft
in the region.
Earlier this month a European startup called Taxify was told by the
regulator to cease operating
in the
city almost immediately after it had launched — after the startup had sought to fast - track the licensing processing by acquiring an existing cab firm (yet apparently without gaining approval for a change
in the licensing conditions).
Ride - hailing giant Uber was also grilled over what one committee member dubbed its «aggressive» response to TfL's recent decision to strip its operator license
in London — describing its claim that the
city regulator risked putting 40,000 drivers out of work as hypocritical since Uber does not actually employ any of those drivers, while also pointing out that its business is intent on trying to automate the driving function via developing driverless car technology.
Beijing's intellectual property
regulator has ordered Apple to stop selling iPhone 6 and iPhone 6 Plus
in the
city.
Regulators scrambled to block them
in many
cities, but by the time they did, the services were so popular that officials caved to pressure and relented.
London's transport
regulator, Transport for London, has released details of a new more expansive and expensive system of tiered license fees for private hire operators that will drive up the fees that ride - hailing companies like Uber need to pay to operate
in the
city.
The
city's transport
regulator is overhauling laws for private hire vehicles to bring them
in line with new technologies.