FIRST AIRED: September 22, 2017

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00:00:00
>> Uber has been stripped of its license in London. In a huge blow for the taxi app, the cities Transport Regulator on Friday, banned the company from operating after the end of September. Their decision is likely to effect over 40,000 drivers. In a statement, Transport for London criticized Uber for a lack of corporate responsibility.
00:00:20
Saying their behavior posed potential safety and security implications. The company says they will appeal the decision within the required 21 days, but it's unclear whether they will be able to operate in October while any appeal is being considered. In London, Uber has faced criticism from unions over working conditions as well as from lawmakers and traditional Black Cab drivers.
00:00:43
The city's mayor, Sadiq Khan,says he backs the decision, saying the safety of customers was of utmost importance. Globally, Uber have endured a tumultuous few months after a string of scandals, emboldening allegations of sexism and bullying. It led to investor pressure which forced out the former CEO and co-founder.
00:01:02
The app has also been forced to quit several countries, including Denmark and Hungary and face regulatory battles in multiple US states and countries around the world.