Uber, Execs Fined $500,000 in France for Illegal Transportation

As part of the continuing global backlash over the popular ride-sharing service, Uber and two of its senior European executives were convicted and fined nearly $500,000 in France for running an illegal transportation business. In its push to expand around the world, Uber, the fast-growing start-up that is now worth $62.5 billion, has become a target in many of the 300 cities where it operates.