Technology Uber smartphone apps provisionally banned in Italy

07:51  09 april  2017
07:51  09 april  2017 Source:   AFP

Waymo self-driving unit sought arbitration over engineer now at Uber

  Waymo self-driving unit sought arbitration over engineer now at Uber Alphabet Inc's Waymo self-driving unit sought to arbitrate claims last year against a former employee at the center of its lawsuit against Uber, court records released on Wednesday showed.Waymo's lawsuit, filed last month, set in motion what could be a long and acrimonious trade-secrets battle between the two tech rivals. Both companies are vying to be first to bring self-driving cars to the masses, which is considered one of the biggest opportunities for both the tech and auto sectors.

An Italian court on Friday banned the use of smartphone apps for the ride-hailing group Uber , saying they contribute to traditional taxis facing unfair competition, local media reported. In a ruling that is subject to appeal

An Italian court on Friday banned the use of smartphone apps for the ride-hailing group Uber , saying they contribute to traditional taxis facing unfair competition, local media reported.

Uber said it was shocked by an Italian court's ruling banning use of its smartphone app and that it would appeal immediately © Provided by AFP Uber said it was shocked by an Italian court's ruling banning use of its smartphone app and that it would appeal immediately An Italian court on Friday banned the use of smartphone apps for the ride-hailing group Uber, saying they contribute to traditional taxis facing unfair competition, local media reported.

In a ruling that is subject to appeal, a court in Rome upheld a complaint filed by taxi unions and gave Uber ten days to end the use of various phone applications on Italian territory, along with the promotion and advertising of them.

If Uber does not comply it could face a fine of 10,000 euros ($10,600) for each day it remains in defiance of the court.

Uber said it was shocked by the ruling and that it would appeal immediately, seeking suspension of the ruling.

The court's ruling follows a decision by a court in Milan two years ago to ban the company's UberPop application, which was deemed under Italian law to encourage the provision of taxi services by unlicensed drivers. That ruling was upheld in a subsequent court case in Turin.

Uber's revenue hits $6.5 billion in 2016, still has large loss .
 Ride-hailing service Uber Technologies Inc generated $6.5 billion in revenue last year and its gross bookings doubled to $20 billion, the company said on Friday. Its adjusted net loss was $2.8 billion, excluding the operation in China it sold last year, Uber said.As a private company, now worth $68 billion, Uber does not report its financial results publicly. It confirmed the figures in an emailed statement after Bloomberg reported the results.Uber did not provide first quarter figures, but a spokeswoman said they "seem to be in line with expectations.

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