The Presidential Daily Brief

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  1. South Korea Indicts Uber Chief

    The troubled startup hits another speed bump. Seoul officials say the ride-sharing service’s subsidiary violates local taxi licensing laws, and names Uber CEO Travis Kalanick in the indictment. It’s the latest in a series of Asian trouble for the company. Officials in the Chinese mega-city Chongqing say they’re investigating the service, which matches drivers with those needing rides. In Taiwan, leaders say they’re investigating the legality of Uber too. It looks like the fast-driving company may need to hit the breaks.

    International Business Times, Reuters 

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