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Source: data-labeling startup Surge AI is in talks with a16z, Warburg Pincus, and others to raise $1B in its first funding round at a valuation of at least $25B (Rachel Metz/Bloomberg)

Rachel Metz / Bloomberg : Source: data-labeling startup Surge AI is in talks with a16z, Warburg Pincus, and others to raise $1B in its fi...

30 July 2025

The UK Supreme Court denied Uber's appeal in a case over VAT, forcing Uber to pay a 20% VAT on fares outside London while rival private taxi operators pay none (Sam Tobin/Reuters)

Sam Tobin / Reuters:
The UK Supreme Court denied Uber's appeal in a case over VAT, forcing Uber to pay a 20% VAT on fares outside London while rival private taxi operators pay none  —  Uber's (UBER.N) rival taxi operators in England and Wales will not face a 20% VAT charge on their profit margins outside of London …

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