How totally screwed is Uber right now? How are things at Uber? Fine. Fine! Nothing to see here. I mean, sure: Oh alright, everything is not fine, but maybe Uber would pay you $100,000 to say it is? That was what it paid hackers to buy their silence after they stole the personal data of[…]
That softbank offer looks more and more like a gift Ex-Uber staffer says in bombshell letter that the company had a unit dedicated to stealing trade secrets A trade-theft trial between Uber and Alphabet’s autonomous vehicle unit, Waymo, has been delayed after a hearing in San Francisco on Tuesday. Waymo requested the delay on Monday[…]
Rebuking Uber Lawyers, Judge Delays Trade Secrets Trial In discussions with other Uber employees, Mr. Jacobs testified, he learned of an internal organization that gathered trade secrets, code and other information about its competitors. It was called the “marketplace analytics team,” according to the letter. The group frequented the code-sharing site GitHub, searching for private[…]
SoftBank offering to buy Uber shares at 30 percent discount: source Japan’s SoftBank Group Corp (9984.T) is offering to purchase shares of Uber Technologies Inc at a valuation of $48 billion, a 30 percent discount to its most recent valuation of $68.5 billion, a person familiar with the matter said on Monday.
24,000 Uber Drivers May Lose Their Side Hustle Uber is truly a fascinating company. The 8-year-old firm is at once the source of strategy and business model admiration, as well as the source of a growing volley of corporate scandals and negative market reactions. The firm has wrestled with a barrage of setbacks culminating most[…]
Uber data breach from 2016 affected 57 million riders and drivers Uber faced a data breach in 2016 that affected some 57 million customers, including both riders and drivers, revealing their names, email address and phone numbers. That affected group included 50 million riders, and 7 million drivers, and around 600,000 driver’s license numbers for[…]
Tougher Background Checks Required for Uber, Lyft Drivers – By Nuala Sawyer – November 10, 2017 – SF Weekly The saga surrounding who should – and should not – be driving ride-hail vehicles like Uber and Lyft became a bit more clear this week, as the California Public Utilities Commission voted to toughen up background[…]
Self-operating shuttle bus crashes two hours after launch LAS VEGAS – A driverless shuttle bus has crashed less than two hours after it was launched in Las Vegas. Police say no injuries were reported in the Wednesday crash between the self-operating vehicle and a semi-truck. It’s not yet clear what caused the wreck.