15 top tech stories of the week

Here's a quick look at what made news in the world of technology in the week just gone by...

Here's a quick look at what made news in the world of technology in the week just gone by... 

iPhone 6, 6 Plus launch weekend sales hit 10 million, break record - Apple hasannounced it has sold over 10 million new iPhone 6 and iPhone 6 Plus models, just three days after the launch on September 19. 

At $25 billion, Alibaba's IPO is world's biggest - Alibaba's IPO now ranks as the world's biggest at $25 billion, netting underwriters of the sale a more than $300 million windfall after the e-commerce giant and some shareholders parted with additional shares. 

Infosys vice-presidents get salary hikes of Rs 4-5 crore - Infosys has raised the salaries of its top executives so sharply that some of them are now in the $1-million (Rs 6-crore) compensation club n making them almost unpoachable by even international rivals n and raising the salary benchmark in the Indian IT industry. 

 



iPhone 6 Plus 'bendgate' - When Apple initially unveiled its biggest iPhone to date o the 5.5-inch iPhone 5 Plus o many worried the device would be too big to stuff in their pockets. Now, as it turns out, those who can fit the phone in their pocket are reportedly complaining that the phone bends after being stored there while sitting. Apple broke its silence on complaints about bending iPhones, hours after withdrawing a glitch-ridden software update as the company struggles to restore momentum to the rollout of its latest phones. 

Yahoo buys out Bangalore startup Bookpad - Yahoo has bought Bangalore-based Bookpad, a startup that's barely a year old and founded by three youngsters who passed out of IIT-Guwahati over the past three years. The precise value of the deal could not be ascertained, but sources said it's a little under $15 million (Rs 90 crore). 

Bash: A bug worse than Heartbleed - A security flaw discovered in one of the most fundamental interfaces powering the internet has been described by researchers as 'bigger than Heartbleed', the computer bug that affected nearly every computer user earlier in the year. 

Next-generation Android One phones coming in December - Enthused by the initial response to Google's Android One, handset makers Karbonn, Spice and Intex are gearing up for round two with a slew of smartphone launches beginning December this year. 




HTC launches India's first 64-bit Android smartphone - HTC has announced Desire 820 and Desire 820q smartphones in the Indian market. The phones will be available early November and pricing will be announced closer to the launch. Do check out our first impressions of Desire 820. 

Jolla smartphone comes to India - Finnish smartphone maker Jolla has launched its Jolla smartphone at Rs 16,499 in India.The company has inked an exclusive partnership with Indian e-commerce company SnapDeal to introduce the smartphone in the country. Do check out our first impressions of the phone. 

Sony launches Xperia Z3, Xperia Z3 Compact in India - Sony has launched its new flagship smartphone Xperia Z3, and its compact variant Xperia Z3 Compact in India. The Xperia Z3 will be available at Rs 51,990 while the Z3 Compact is priced at Rs 44,990. Do read our reviews of the Xperia Z3 and Xperia Z3 Compact. 

Second-generation Moto X goes on sale in India - Motorola's latest smartphone, the second-generation Moto X, is now available in India. Like other Motorola smartphones, the new model is available only via e-commerce website Flipkart in the country. 

Apple users fooled into burning iPhones in microwaves -Trolls at online imageboard 4chan spread a hoax on the internet, saying that the iOS 8 update includes a feature that allows an iPhone's battery to be charged when put in a household microwave. 


Google's Nexus 6 to be a bigger version of Moto X (Gen 2) - Google's next-generation Nexus phone, expected to be the Nexus 6 or Nexus X may turn out to be a big-screen version of Motorola's second-generation Moto X, as per a new report. 

Apple iPhone 5S price dips below Rs 35,000 in India - iPhone 5S, the top Apple smartphone last year, is now available in India for less than Rs 35,000 on e-commerce websites. The unofficial price drop comes soon after Apple announced the big-screen iPhone 6 and iPhone 6 Plus. 

Microsoft keen to team up with India: Satya Nadella - On the day Prime Minister Narendra Modi made a pitch for "i-ways for a Digital India" and asked industry captains to seize the initiative, the Hyderabad-born chief executive of Microsoft has offered a partnership to help accelerate the country's growth
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Global banks look at large scale hiring

Global banks look at large scale hiring

With regulators getting more stringent about banking norms, large global banks are looking at large-scale hiring of mid-to-senior-level professionals in functions such as risk, audit, compliance and legal over the next 12 to 18 months.

Large global banks are targeting to increase their teams by 20% to 30% in legal and compliance and 30% to 40% in audit and control, according to a study by Vito India Advisors, a BFSI executive search firm. According to the survey, there are currently over 240 legal and compliance professionals across 36 global banks in India .

“With global regulatory norms getting more stringent, unique functions like risk-based supervision, privacy compliance, regulatory affairs are triggering the demand for additional compliance professionals,” says Dhvani Anjaria, support hiring specialist at Vito India Advisors.

“It is no longer about just remaining compliant. It is more about doing the right things and that’s what the MNC banks and investment banks are looking at now. This is leading to a demand for professionals in sectors such risk, audit, compliance and legal,” says the HR head of a large global bank, on condition of anonymity.

“There is a need for a culture change within the banking sector and hence global banks are focusing on strengthening their compliance structure in order to sustainably do business,” the HR head said. Some of the banks that have made mid-to-senior-level hires in compliance in the past 12 months include ANZ, Bank of America, Deutsche Bank, while the ones that have made senior-level lateral hires in legal in the past 12 months include BNP, Citi and HSBC, according to the study.

These banks are focusing on building teams in monitoring and surveillance and riskbased supervision roles.

Some of the global players that have made senior hires in legal and compliance in the past one year include Westpac, SMBC and NAB, among others.

Cost to company (CTC) payouts in compliance and legal have been as competitive as front office functions. CTC payouts among global players in compliance have increased at least by 30% to 50% from 2012 to 2014, the study shows. With setting up one branch banks of global entrants they have picked up talent from well established global players at 40% to 50% increment on their present salary.

“In order to support business growth and align to the changing economic and regulatory environment, it is imperative to ensure our finance, legal, compliance, audit and HR functions are staffed optimally,” says Sarab Preet Singh, head of recruitment, learning & talent, Citi India.

Given the changes in the industry, there has been an increased focus on risk, compliance and control-related aspects, leading to a greater degree of specialisation within each function, he said, adding, “There have been several internal movements of our talent from frontline businesses into these core functions.”

In the audit function, the spotlight is turning to India as the new regional hub. Large global banks are targeting to increase their audit teams by 30% to 40%, according to the study. There are currently about 225 plus audit professionals across 36 global banks in India. Some of the key hires in audit were seen in BNP, DB, Barclays, HSBC, Citi, among others, according to Vito.

A lot of global banks have moved to a centralised internal audit model wherein regional audit teams are now housed in India due to cost effectiveness and skilled talent. Earlier this was done out of Singapore and Hong Kong.

Also, there has been increasing demand for IT auditors within banks. This has led to a growth in audit roles as well. “In the next 12 to 15 months, we foresee a healthy demand for professionals having regulatory reporting, treasury finance, technology and internal audit along with compliance roles,” says Anjaria.

“There is a thrust to build audit strength of these banks. And given the fact that significant audit talent is available here and can help in other locations of these global entities, there is a rise in demand for such talent,” said the HR head of a large global bank who did not wish to be named.

He says, increasingly, global banks are reviewing their existing audit framework and looking at processes more proactively. Hence there is considerable demand for people who can look at metrics around controls in order to remain compliant.

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Ten essential skills for future CFOs

Ten essential skills for future CFOs

The future environment that Chief Financial Officers (CFOs) will operate in will be different. It will be a re-balanced global economy from west to east, faster growing emerging markets, the rise of shared services, outsourcing and increasingly global business. There will also be more business risk, wider regulatory challenges, along with more scrutiny and rapid changes in technology

The changing business environment provides huge challenges for future CFOs. Mohammed Sajid Khan, head of International Development, ACCA (Association of Chartered Certified Accountants) shares the top ten ‘must-have’ skills of CFOs of the future, basis the research conducted by ACCA with 750 CFOs around the world.

Business sense: Future CFOs will still need a strong financial understanding. They should also target career experiences that provide them with an understanding of the whole business. It is critical that CFOs are able to ask the right questions –which comes from experience gained across multiple finance roles.

Planning & execution: Strategy formulation and execution was identified as the most important area in which future CFOs have experience. Over the next decade the business landscape will be re-shaped by market volatility, globalisation and transformational innovation. CFOs should seek greater mobility in and out of the finance organisation, building the commercial qualities needed, while building internal relationships.

Analytics: How organisations gather and use data to drive better decision making is the next “big opportunity” for tomorrow’s finance team. The survey suggests that current CFOs rate financial insight and analysis as the second most important area in which future CFOs need to have career experience. Future CFOs should plan and actively seek out analytics roles, so they understand its value and application.

Risk-taking: Risk experience is a must-have on the CV of future CFOs. That’s because future CFOs will operate in a business environment that’s high risk and where there are emerging risks such as online reputational risk or cyber risk.

M&A: Merger and acquisition activity was identified as the fourth most important area of experience for future CFOs. While business growth will be organic, much is likely to be through acquisition and merger and other forms of business tie-ups. This will help in tapping into the already established businesses, to ease market entry and leverage expertise and market knowledge.

Relationship management: The future CFO needs to be customer savvy and take on roles which provide greater customer understanding. The range of stakeholders with whom future CFOs will have to engage will be significant.

Leadership: Strong leadership qualities will be essential, particularly as finance becomes more diverse. Experience in transformation and change management for future finance leaders will also be a priority, as will effective communication skills as they provide information to different stakeholder groups.

Discipline: Future CFOs will face more regulation and will need to be confident about operating in a regulated environment.

Technical know-how: Tomorrow’s CFOs need to be technologically adept and understand the significant role technology can play in driving better finance delivery. They should also target roles which develop and utilise their technology understanding.

Adaptability: The future CFOs will need to manage the different demands between mature and emerging markets and align their finance strategies accordingly. They will need to be adept at working in global business environment, leading finance teams which are diverse and virtual, across mature and emerging markets.

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IT firms expanding to smaller cities, semi-rural towns

IT firms expanding to smaller cities, semi-rural towns

Infrastructure limits and scarcity of land in tier-1 IT cities has led to expansion towards smaller cities and semi-rural towns over the last few years. Venturing into these locations is also helping companies in rural sourcing to stay ahead and meet the ever growing talent war.

With social media exploding, cloud computing making deeper inroads and mobile technology becoming a necessity, we will see a pressing need for employees with skills in data programming or administration and mobile development. Tirupati Balaji, director- talent acquisition, UST Global talks to TimesJobs.com about major recruitment trends in the IT services and solutions sector. 

Recruitment Trends

Market forces and rapidity of technology commands how companies make their hiring decisions and how they source talent. A quick look back into the year uncovers four major trends:

• The pertinent shift in the industry from the traditional time and material (T&M) billing model (billing on a per-person, per-hour basis) to fixed-price proportions (revenue independent of employee addition) has also disrupted hiring and this will continue
• As a result of abundant labour and predictable demand, campus hiring may continue to dent as more and more companies resort to “just-in-time hiring”. As opposed to hiring entry and junior level staff, companies in India are increasingly looking to hire experienced professionals who would hit the ground running from day one
• Infrastructure limits and scarcity of land in tier-1 IT cities has led to expansion towards smaller cities and semi-rural towns over the last few years. Venturing into these locations also helps companies in rural sourcing to stay ahead and meet the ever growing talent war
• Social Media will become more pervasive. Recruiters have been leveraging social media channels like LinkedIn, Facebook and Twitter to screen potential hires and gain access to a larger applicant pool, even as recruitment portals and RPO (recruitment process outsourcing) firms expand their presence

Game Changers

• Technology has the potential to disrupt traditional recruitment models and provide change the way companies find, assess and recruit their future talent. Major impact will come from how we utilise data and leverage mobility
• Like markets, companies should also analyse data to reach the talent pool. Investing in market research to determine the best recruiting methods along with strengths in recruiting with hard data will help make the best hiring decisions
• Optimising recruiting efforts for mobile devices is also becoming increasingly more important as jobseekers increasingly use mobile devices to find jobs

Compensation Trends

The average salary increment in the IT Services and Solutions sector is expected to be marginally lower than last year, but the average variable pay per cent will see a slight increase.         

Skills in Demand

• Demand for technical talent, not just from the technology sector but more broadly across the entire economy, will remain high
• With social media exploding, cloud computing making deeper inroads and mobile technology becoming a necessity, we will see a pressing need for employees with skills in data programming or administration and  mobile development
• As more enterprise information goes online via the cloud, skill-sets in security will be in demand too 

Emerging Skill-Sets

UST Global is making significant investments in accentuating its SMAC [social media, mobility, analytics, and cloud] capability to transform customers’ operations. We have programs in place where we train/cross train resources on specific technologies which are aligned to industry trends.

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HR professionals need to learn how to integrate diverse workforce

HR professionals need to learn how to integrate diverse workforce

At SHRM India’s annual conference and expo 2014, Manoj Biswas, MD-HR, Accenture India, Sri Lanka and Bangladesh, talked about how emerging technologies are changing the way workforce interacts and the role of HR professionals need to play to engage such a diverse workforce in a way that the common organisational goals are met 

Challenge for HR: Today, organisations not only have desk workers but a mix of contractual, digital, virtual and social workforce spread across the globe. Technology has changed the way people have been traditionally communicating and it is influencing how our workforce interacts.  This in turn has substantially changed the traditional definition of work.

Challenge for HR teams in such business environment is to connect and integrate the diverse workforce to achieve the common organisational goals.

What should HR do: HR teams have to be a step ahead of the game, gauge the comfort levels of different generations within an organisation – such as baby boomers, Gen X and Gen Yers – with different kinds of technologies and enable them to ensure improved productivity. They need to focus on unlearning the traditional HR practices and learn how to integrate different kinds of workforce and their expectations from the organisation. 

How HR can tap technology for employee engagement: Sentiment analytics is an effective tech tool that HR can leverage to analyse employee sentiments. This can be done by running analytics tools over internal enterprise social media sites and pull out a useful employee engagement index which can be leveraged by HR.

HR can also look at tapping technology to automatically identify talent gaps existing within the resource pool and then devise effective strategies to close the identified gaps. 

Core driver for implementing technology for HR: Technology should not be implemented for the sake of implementation. The core driver should be the concrete effect which technology is going to have on the HR strategies and how this will bring a difference to employee engagement index.

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6 ways Modi’s ‘Make for India’ campaign will create jobs

6 ways Modi’s ‘Make for India’ campaign will create jobs

As India embarks on the ‘Make in India ‘mission that coincides with our triumph in the outer space, a new era marked by the philosophy of build rather than buy begins that will change the way we do business in India.

The campaign certainly provided the thrust required to push the slowing India economy on the growth mission. TimesJobs.com spoke to industry experts to decode the impact of “effective governance” on job creation and skills development.

1. Kick Start Robust Hiring as Government invests in Industrialisation

The Make in India campaign will kick in robust hiring in the coming months with the Union Government investing more in industrialisation and devising policies to boost employment and thereby contribute towards the GDP.

Ravichandran Purushothaman, president, Danfoss India

2. Enhance GDP Contribution from manufacturing

More than half of the Indian workforce contributes only 14% to GDP; this campaign will help boost India’s economy by enhancing GDP contribution from Manufacturing. It will have a cascading effect on all sectors including ours through creation of millions of jobs and many opportunities for skill development.

Amit Malik, chief human resource officer, Aviva life Insurance India 

3. Focus on manufacturing will drive growth in other sectors

With focus on manufacturing, which is a core industry sector for job creation, the government has set the juggernaut rolling in the right direction. The focus on manufacturing will drive the development of other key sectors like infrastructure and energy as they will serve as growth enablers. This cascade effect across sectors will immensely benefit the youth entering the workforce. We expect the impact of the initiatives and schemes to be felt over a period of time. If the intent is translated efficiently into execution, we can expect the job market to grow aggressively over the next five years.

Moorthy K Uppaluri, CEO, Randstad India

4. Make in India will promote human capital at grass root level

The demand for skilled manpower is widespread in the international labour market. Taking steps towards addressing this demand, the Prime Minister has emphasized on skill development in his ‘Make in India’ and ‘Deen Dayal Upadhyay-Grameen Kaushalya Yojana (DDU-GKY)’ campaigns. These initiatives create a robust platform to promote human capital at grass root level. It has also raised the confidence of Indians staying overseas to invest in high growth sectors like manufacturing, biotechnology, construction, among several others.

Sudhesh Giriyan, vice president & business head, Xpress Money

5. Transforming Domestic Manufacturers into Global MNCs

After almost two years of minimal growth due to the global slowdown, the manufacturing industry is slowly recovering. By streamlining regulatory processes and introducing a dedicated cell to address the queries of business entities within 72 hours, the government has made it its mission to have global companies invest in India. This could also potentially spark off a chain reaction leading our domestic manufacturers to become global MNCs.  With the mechanisms that the Prime Minister has put in place, this ‘Make in India’ campaign could spell great success for our economy, boosting job creation and a higher level of growth.

Udit Sheth, executive director, Setco Automotive

6. Enabling Indian manufacturing to become globally competitive 

After a long time the government has put its might behind growing the manufacturing sector. Manufacturing is key not only for expanding the GDP but most vitally for job creation. His vision of FDI – ‘First Develop India’ and make the country an attractive business destination for domestic and foreign investors is laudable. The success will however come from effective implementation in dealing with various factors required for Indian manufacturing to become globally competitive.

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US banks warned over Shellshock bug

Top US financial regulators urged banks to quickly fix their software to protect it against the "Shellshock" computer bug, saying it could expose them to fraud.

WASHINGTON: A group of top US financial regulators urged banks to quickly fix their software to protect it against the "Shellshock" computer bug, saying it could expose them to fraud.

Shellshock is a newly emerged major Internet threat that affects a common software tool found in many operating systems known as Bash, or Bourne-again Shell.

"The pervasive use of Bash and the potential for this vulnerability to be automated presents a material risk," the Federal Financial Institutions Examinations Council said.

The FFIEC is an interagency body that can prescribe common standards for banks that includes the Federal Reserve, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and others.

The banks should identify all their systems that use Bash and update them, and should also check third-party software, the group of regulators said
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BlackBerry cuts loss and sees rising sales; shares jump

BlackBerry  reported a smaller quarterly loss and flashed encouraging signals about its hard-pressed smartphone business as well as its software and services sales.

BlackBerry reported a smaller quarterly loss on Friday and flashed encouraging signals about its hard-pressed smartphone business as well as its software and services sales, spurring a more than 4% jump in its shares. 

The Canadian company, a smartphone pioneer pushed to the margins by Apple's iPhone and devices running Google's Android software, is now focusing more on software and services than on hardware as it works through a long turnaround. 

On the services front, the company reported a huge number of conversions in its second quarter to its heavily promoted new device management platform. But BlackBerry's hardware unit also offered hopeful news, posting an adjusted profit for the first time in five quarters, helped by lower manufacturing costs and strong demand for its low-end Z3 handsets in emerging markets. 

"This is the first time in a long time that we have actually made money on hardware," chief executive John Chen told reporters, while hinting at plans to unveil new phones at Mobile World Congress in Barcelona in 2015. "We think we can continue on that track, so hardware is no longer going to be a drag to the margin and the earnings." 

The Waterloo, Ontario-based company's revenue in North America rose from the previous quarter, but sales slipped elsewhere. Its total revenue was down more than 40% from a year earlier. 

"They're taking all the right steps, which is great. It's encouraging to see," said BGC Partners analyst Colin Gillis. "Now we've got to see what Chen can do about the revenue decline." 

BlackBerry shares were up 5.2% at C$11.45 on the Toronto Stock Exchange and up 4.6% at $10.26 on Nasdaq. 

Good Start 

Chen, who became BlackBerry's CEO in November, said the company has already taken 200,000 orders for its new squared-screened Passport smartphone, which went on sale on Wednesday and sold out on Amazon.com within six hours. 

Chen said he expects BlackBerry to release a second generation Passport device at some point down the road based on the much better than expected demand. He said the company would be "squeezed a little bit" on availability of the device this quarter. 

Chen has moved rapidly to cut costs, sell certain assets and strengthen the company's balance sheet. He said revenue declines are likely near a nadir, with growth expected to begin in calendar 2015 with the sales of new products and services. 

Chen said he expects software revenue to double next year from around $250 million in the current fiscal year as the company wins converts to its device management platform, BlackBerry Enterprise Service 10 (BES10). 

The platform allows companies and government agencies to manage and secure not just BlackBerry devices running on their networks, but also Android, Windows and iOS-based phones and tablets. 

BlackBerry said it issued 3.4 million licenses for the BES10 platform in its second quarter, a sharp increase from the previous quarter, and that it may end a promotional program early due to its success. A quarter of the license signups came from rival mobile device managers. 

"We're encouraged by the company's growth in enterprise software licensees and aggressive cost-cutting measures," Morningstar analyst Brian Colello said. 

The success of Chen's turnaround plan depends to a large degree on whether the company's next BES upgrade helps boost sales. The new BES12 software is set for a mid-November launch. 

Quarterly Results 

BlackBerry reported a net loss of $207 million, or 39 cents per share, for its second quarter ended August 30. That compared with a year-earlier loss of $965 million, or $1.84 per share. 

Revenue was $916 million, versus $1.57 billion a year earlier. 

Excluding one-time items such as charges for restructuring, the loss was 2 cents a share. On that basis, analysts polled by Thomson Reuters were expecting a 16-cent loss. 

The company said it does not expect its cash balance to drop below $2.5 billion in either the current quarter or the next one. Cash burn has worried some investors
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HC asks govt: How is Google paying tax but Facebook not

The Delhi High Court has questioned why Facebook is not paying any service tax when Google is doing so.

NEW DELHI: The Delhi High Court has questioned why Facebook is not paying any service tax when Google is doing so and directed the Centre to file a 'better affidavit' on the issue.

"How is Google paying (service tax), but not Facebook? How is Facebook exempted? We are finding it difficult to understand," a bench of justices Badar Durrez Ahmed and Siddharth Mridul said.

The bench also asked whether the government was 'alive' to the issues of sale of data by social medial sites as well as the service of targeted advertisement provided by them.

"Why don't you know all these? Are you alive to these things or is it beyond your comprehension," it asked after advocate Virag Gupta, appearing for former BJP leader K N Govindacharya, raised these issues before the court.

The government, represented by advocate Sanjeev Narula, said that Facebook has no office here while Facebook India has a office in a Special Economic Zone from where it is exporting services and thus, they are exempted from paying service tax.

The bench, however, sought information from the government on what are the remittances being made to Facebook from India and whether the transactions between the website and various Indian companies are in the nature of services.

"Find out what they (transactions) are? Whether they are chargeable and whether the services provided, if any, are by entities in India or from outside. File a better affidavit on the service tax as well as on the social media guidelines," the court said in the pre-lunch proceedings.

It also queried whether the government had come out with an email policy, however, as Narula was not present in court in the post-lunch period, the bench re-notified the matter to October 1 and requested the presence of Additional Solicitor General Sanjay Jain to assist the court on that date
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German courts uphold ban on Uber ride-share service

Courts in Berlin and Hamburg have upheld bans on online transportation service Uber on Friday.

Courts in Berlin and Hamburg upheld bans on online transportation service Uber on Friday, saying the company did not comply with German laws on the carriage of passengers.

US start-up Uber had appealed against the bans in Germany, the latest front in its global battle to win regulatory approval in the face of stiff opposition from taxi services under threat from Uber's business model.

Uber said it had not yet decided whether to appeal against Friday's rulings by administrative courts in Berlin and Hamburg, which said Uber's drivers lacked the commercial licenses to charge passengers for rides.

"Uber is reviewing the court documents in detail before commenting on today's decision but will continue to comply with German law," said a spokesman for Uber, which was recently valued at $18 billion.

He declined to say whether Uber would continue to operate services in the two cities pending any appeal.

Uber has been shadowed by skirmishes with taxi operators and local authorities in many cities where it operates, starting in its home base of San Francisco. It is active in 43 countries and has pulled out of only one city: Vancouver, Canada.

The Berlin and Hamburg rulings go against a previous reprieve given to Uber by a Frankfurt court, which ruled last week there were no grounds for a temporary injunction against its services.

The disparate decisions underline ambivalence in Germany about how to deal with challenges from US technology firms ranging from Google to Amazon to Uber.

The German Economy Ministry said last week the country needed to make room for new, digital business models alongside existing businesses, and called for a hard look at laws governing transport and competition.

The Berlin court said on Friday there was no way of telling whether private drivers using the UberPop mobile phone app, which connects them to potential passengers, were fit to take on the special responsibility of carrying passengers.

It said the Uber Black service, which allows users to summon limousines using an app, did not meet the legal requirement for taxis to return to their service center and so fell between regulations for taxi and rental car services.

"The ban serves to protect the existence of taxi services, their ability to function, in which there is an important public interest," it said in a statement.

The Hamburg court rejected Uber's arguments that the ban violated Uber's professional freedom or European freedom to offer services
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