A version of this story first appeared in CNN Business' Before the Bell newsletter. You can sign up right hereLondon (CNN Business) How Facebook, Uber and Robinhood run their businesses is under threat around the world, a warning sign for investors who have been all too willing to ignore regulatory risks for fast-growing tech companies in recent years. The UK Supreme Court has ruled that Uber drivers are workers and not independent contractors. The move has triggered a global backlash , hardening sentiment among elected officials in the United Kingdom, Canada, Germany and the United States. Uber UBER Then there's, which faced a big legal loss in a major market Friday.

Source: CNN February 19, 2021 13:07 UTC