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Everything posted by googlenews
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Ars Technica Uber's crisis deepens with record quarterly loss | Ars Technica Ars Technica Uber continues disrupting old-fashioned notions of profit. Uber's use of encrypted messaging may set legal precedents - ReutersReuters Uber's problem: A a culture of dishonestyChicago Tribune Uber's CEO acknowledged his workers' use of secretive messaging apps — and says he banned themMarkets Insider all 9 news articles » https://www.google.com/news
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Financial Times Uber losses mount amid tough global competition Financial Times Mounting litigation costs and tough global competition have pushed up losses at Uber even as the ride-hailing company disclosed the formal launch of a SoftBank-led deal to invest between $7bn and $10bn. After a litany of bad news including a major data ... Uber's losses grew to $1.5 billion last quarter | TechCrunchTechCrunch Uber's crisis deepens with record quarterly loss | Ars TechnicaArs Technica Uber's third-quarter loss grows to $1.46bnThe Independent Fortune -CNBC -Telegraph.co.uk all 54 news articles » https://www.google.com/news
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Financial Times Tales of Uber's cloak and dagger schemes rivet California courtroom Financial Times Encrypted texts, untraceable phones, late night secret meetings and self-deleting messages: ordinarily these are the stuff of spy novels. But a former Uber employee this week electrified a San Francisco courtroom with allegations that a unit in the ... Uber accused of 'hiring ex-CIA agents to spy on rivals'BBC News Uber had special team to obstruct legal cases and spy on rivals, court toldThe Guardian Uber Secrets and Trading InsightsBloomberg New York Times -The Register -CityLab -Seeking Alpha all 132 news articles » https://www.google.com/news
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The Guardian Uber says 2.7 million in UK were affected by security breach The Guardian “This latest shocking development about Uber will alarm millions of Londoners whose personal data could have been stolen by criminals,” Sadiq Khan said. “Uber needs to urgently confirm which of their customers are affected, what is being done to ensure ... Uber hack: EU data protection bods launch taskforceThe Register Uber data hack hit 2.7m UK riders and driversSky News Europe's Privacy Regulators Are Ganging Up on UberFortune The Independent -BBC News -TechCrunch -Bloomberg all 137 news articles » https://www.google.com/news
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BBC News Uber says 2.7m Brits hit by breach that was covered up - BBC News BBC News The breach, which happened in 2016 and which was covered up by the firm, was only revealed this month. Uber says 2.7 million in UK were affected by security breachThe Guardian Uber data leak hit 2.7 million UK customers, admits ride-hailing companyThe Independent Uber says 2.7 MEEELLION(ish) UK users affected by hackThe Register Quartz -Telegraph.co.uk -TechCrunch -Bloomberg all 87 news articles » https://www.google.com/news
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TechCrunch Uber inks its first mobile wallet deal in Southeast Asia | TechCrunch TechCrunch Seeking to rise to increased competition, Uber has inked its first payments deal in Southeast Asia after it announced a partnership with Vietnam-based mobile wallet service Momo. Momo, which raised $28 million led by Standard Chartered last year, will ... and more » https://www.google.com/news
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Recode Uber's quarterly losses jumped nearly 40 percent to $1.46 billion ahead of a massive private stock sale Recode Uber lost more than $1 billion two quarters in a row, newly disclosed financials reveal. The ride-hail company widened its net losses to $1.46 billion, up from $1.06 billion in the second quarter. That increase in losses could be attributed in part to ... https://www.google.com/news
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The Guardian Uber had special team to obstruct legal cases and spy on rivals, court told The Guardian The dramatic public testimony, on the eve of jury selection for the hotly anticipated civil trial over allegations that Uber stole trade secrets from Google's self-driving car spinoff Waymo, came after it was revealed that Uber had withheld evidence ... Uber accused of 'hiring ex-CIA agents to spy on rivals'BBC News Uber pre-trial hearing turns up explosive lettersFinancial Times Judge postpones Uber trade secret trial based on bombshell memoCNET TIME -The Register -Daily Mail -Seeking Alpha all 132 news articles » https://www.google.com/news
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Chicago Tribune Uber facing federal probe on allegations of espionage Chicago Tribune Federal prosecutors are investigating allegations that Uber deployed an espionage team to plunder trade secrets from its rivals, triggering a delay in a high-profile trial over whether the beleaguered ride-hailing service stole self-driving car ... Uber used ex-CIA agents to steal trade secrets, fired manager says. Feds are investigatingLos Angeles Times all 11 news articles » https://www.google.com/news
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Financial Times Uber accused of running secret competitive intelligence unit Financial Times Uber has been accused of operating a sophisticated unit dedicated to gathering competitive intelligence and “stealing trade secrets” in fresh allegations that led the judge to delay a high-profile trial between the ride-hailing group and Alphabet's ... Uber and Waymo trial delayed after evidence 'withheld'BBC News Judge says Uber 'withheld evidence' as new bombshell allegations emerge in Alphabet trialCNBC Alphabet has secured another delay in its big trade secrets trial against UberRecode Fortune -Ars Technica -Bloomberg all 60 news articles » https://www.google.com/news
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CityLab Uber and Lyft Should Pay for the Streets CityLab Like parents with different ideas for how to deal with a gifted but willful child, cities around the world continue to struggle to accommodate Uber in their midst. London's recent smackdown preserved, for the time being, the hegemony of the black ... and more » https://www.google.com/news
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WLS-TV Uber driver tricked into becoming 'getaway driver' WLS-TV Sometimes Uber riders like to ask their drivers about their worst experiences. One Uber driver has a story he won't soon forget. (WLS). CNN. Tuesday, November 28, 2017 08:02AM. MESA, Ariz. --. If you've ever taken a ride in an Uber, sometimes to spark ... https://www.google.com/news
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Recode Recode Daily: Chicago sues Uber, which is on the verge of a multi-billion dollar investment from SoftBank Recode The city of Chicago filed a lawsuit against Uber for failing to disclose a 2016 data breach that affected 57 million drivers and riders. The city also alleges that Uber failed to correct security vulnerabilities that led to a previous data breach in ... and more » https://www.google.com/news
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Bitcoin Prices, Uber Vs. Lyft and Time Travel Bloomberg What to Worry About in This Surreal Bull Market: We're almost 10 years out from the financial crisis; what could go wrong? (Bloomberg); see also What Leonardo da Vinci Tells You About Bitcoin Prices (Bloomberg Businessweek); Uber vs. Lyft: Blood in the ... and more » https://www.google.com/news
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The Independent Uber, Tinder, Snapchat and other top apps include trackers that secretly watch everything users do The Independent Popular smartphone apps contain hidden trackers that can secretly monitor everything you do, researchers have found. These apps include Uber, Tinder, Skype, Twitter, Spotify and Snapchat, though it's likely that this is the case for many, many more ... and more » https://www.google.com/news
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The Independent Uber may have just lost $20.5bn in value The Independent The investment, which was approved by the Uber board in October, would also trigger a string of governance changes at Uber that would limit some early shareholders' voting power, expand the board from 11 to 17 directors and cut the influence of former ... SoftBank share purchase discounts Uber by 30%Financial Times A $48 Billion Uber Would Be (Slightly) Less InsaneBloomberg Japan's Softbank 'bids for stake in Uber'BBC News Daily Mail -Vanity Fair -Recode -Seeking Alpha all 73 news articles » https://www.google.com/news
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Engadget Uber may have to answer to Congress about data breach coverup Engadget Five states are already investigating Uber's breach that exposed data on 57 million of its users, which the company hid for a year. But now the ridesharing titan will have to explain its actions to Congress. Five Democratic and Republican Senators sent ... RIP Uber (but not for the reasons you think)The Drum Uber, quit shoveling money into the fire for one second and explain that hack – US senatorsThe Register The Uber data breach has implications for us allFinancial Times Recode -CNBC -Ars Technica -Bloomberg all 133 news articles » https://www.google.com/news
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Financial Times Daily briefing: Bitcoin's extraordinary run; SoftBank's low Uber bid; who owns Guantánamo art? Financial Times Bitcoin is on an extraordinary run. The price of the cryptocurrency was just below the $10,000 threshold in trading on Tuesday — although the value of a single bitcoin has already hit the symbolic milestone on some exchanges. It is a bull market with ... https://www.google.com/news
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Digital Trends It's deja vu as Uber forms a joint venture in Russia, much like it did in China Digital Trends Uber has found a local partner in yet another country, as the transportation giant enters a joint venture with Russia's largest technology company. Last week, Yandex NV joined forces with Uber in Russia, after receiving approval from the Russian ... and more » https://www.google.com/news
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Fortune Waymo Seeks Delay of Uber Trade Secrets Trial Over New Evidence Fortune Alphabet's (goog, +1.32%) Waymo self-driving car unit asked a U.S. judge on Monday to postpone an upcoming trade secrets trial against Uber Technologies (uber, +0.00%), so Waymo could investigate whether Uber withheld important evidence in the case. Waymo Seeks 11th-Hour Delay of Uber Trial Over Hidden LetterBloomberg all 10 news articles » https://www.google.com/news
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Reuters Scandal-hit Uber hits the road to reassure global regulators Reuters TOKYO (Reuters) - Uber executives are traveling the globe to reassure regulators that the company is changing the way it does business, after a massive data breach became the latest controversy to hurt the ride-service firm's reputation. SoftBank makes offer for Uber shares at 30% discountTechCrunch SoftBank Bids to Buy Uber Shares for 30% Less Than Current Value ...Bloomberg Softbank wants to pay 30% less for Uber stock than Uber's recent $69 billion valuationBusiness Insider Jalopnik -TheStreet.com -Economic Times all 53 news articles » https://www.google.com/news
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Congress presses Uber for answers around the data breach it tried to hide TechCrunch It looks like Congress won't be ignoring the recent thoroughly sketchy report that Uber failed to disclose— and made efforts to hide — a data breach that affected 57 million users in 2016. On Monday, Senator Mark Warner issued a set of questions to ... https://www.google.com/news
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Yahoo Finance Executives of scandal-hit Uber travel globe to reassure regulators Yahoo Finance TOKYO (Reuters) - Uber executives are traveling the globe to reassure regulators that the company is changing the way it does business, after a massive data breach revealed last week became the latest controversy to hurt the ride-service firm's reputation. and more » https://www.google.com/news
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The Drive Uber Gets Approval to Merge Its Russian Operations with Yandex The Drive As a prerequisite for approving the deal, the Russian Federal Antimonopoly Service required Uber and Yandex to allow drivers to work for other services. The regulator views this as an important way to prevent business from consolidating in the hands of ... Uber and Yandex will Cooperate in RussiaNovinite.com Uber and Yandex Merger Gets Nod From Russian RegulatorsPYMNTS.com all 9 news articles » https://www.google.com/news
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CNBC Self-driving cars from Uber-like services could cut demand for sedans in half by 2030, study says CNBC Alphabet's Waymo self-driving car unit and General Motors have said recently they intend to launch pilot-autonomous ride-sharing services in limited urban or suburban areas. The study predicts families will dump smaller sedans and keep larger vehicles ... and more » https://www.google.com/news