Nov 27, 2017

Uber banned in Israel

A rider waits for their Uber at LaGuardia Airport in New York. Photo: Seth Wenig / AP

An Israeli court has banned Uber from operating in the country less than a month after the company began offering 24/7 ride-sharing services there, per Haaretz and The Jerusalem Post. The ban comes as the result of a lawsuit by a taxi drivers' association with a judge agreeing that Uber drivers did not have the appropriate insurance to transport customers.

Why it matters: It's illustrative of Uber's growing pains within global legal and regulatory frameworks as it attempts to expand its reach around the world. To make matters worse in Israel, Uber still has a pending lawsuit against it from Israel's Transportation Ministry, claiming that it subverts an Israeli regulation that forbids drivers offering passengers a ride for a profit without a taxi license.

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Situational awareness

Photo: Drew Angerer/Getty Images

Catch up on today's biggest news:

  1. Scoop: New White House personnel chief tells Cabinet liaisons to target Never Trumpers
  2. Trump misrepresents 2020 Russia briefing as Democratic "misinformation"
  3. Bernie Sanders takes aim at Bloomberg: "Trump will chew him up and spit him out"
  4. Nearly half of Republicans support pardoning Roger Stone
  5. Scoop: Lyft acquires cartop advertising startup Halo Cars

Sanders takes aim at Bloomberg: "Trump will chew him up and spit him out"

Photo: Mario Tama/Getty Images

Bernie Sanders told CBS "60 Minutes" that he was surprised by Mike Bloomberg's lackluster performance at Wednesday's Democratic debate.

What he's saying: "If that's what happened in a Democratic debate, you know, I think it's quite likely that Trump will chew him up and spit him out."

Scoop: Lyft acquires cartop advertising startup Halo Cars

Photo: Drew Angerer/Getty Images

Lyft has acquired Halo Cars, a small startup that lets ride-hailing drivers earn money via ad displays mounted atop their cars. Lyft confirmed the deal but declined to share any details.

Why it matters: Ride-hailing companies are increasingly eyeing additional ways to generate revenue, and Lyft rival Uber has been quietly testing a partnership with New York-based Cargo that gives it a cut of the advertising revenue, as I previously reported.