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Tag Archives: Uber

Uber used undercover agents – Court letter reveals

Uber set up a covert unit tasked with stealing competitors’ secrets and engaging in undercover surveillance, a letter published by a US court on Friday has alleged. It is critical evidence in Uber’s legal battle with Waymo, the self-driving car company that accuses the ride-sharing firm of stealing its technology. The letter, sent by lawyers representing a former Uber employee, ...

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Uber paid 20-year-old hacker $100,000 to keep data breach secret – Sources

A 20-year-old Florida man was responsible for the large data breach at Uber Technologies Inc [UBER.UL] last year and was paid by Uber to destroy the data through a so-called “bug bounty” program normally used to identify small code vulnerabilities, three people familiar with the events have told Reuters. Uber announced on Nov. 21 that the personal data of 57 ...

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Uber concealed huge data breach

Uber concealed a hack that affected 57 million customers and drivers, the company has confirmed. The 2016 breach was hidden by the ride-sharing firm which paid hackers $100,000 (£75,000) to delete the data. The company’s former chief executive Travis Kalanick knew about the breach over a year ago, according to Bloomberg, which first broke the news. The hackers found 57 ...

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Uber set to sell $10bn stake to Softbank

Uber has struck a deal that could lead to a huge investment by a consortium led by Japanese conglomerate Softbank and San Francisco group Dragoneer. The size of the potential investment has not been disclosed, but reports say it could be up to $10bn (£7.6bn). The ride-hailing company said the money would fuel Uber’s expansion and investments in technology. But ...

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Uber adds Paid Wait Time; additional features for driver-partners

As part of Uber’s commitment to put driver-partners first, it has promised to continuously work on improving the app to ensure drive-partners have only a positive experience with the app, by addressing every concern. Effective Tuesday, November 7, 2017, Uber announced Paid Wait Time, another impactful feature to make the Uber experience more productive (and less stressful!) for driver-partners and ...

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Lola Kassim now leads Uber West Africa

Ridesharing app for fast and reliable rides, Uber, has announced Lola Kassim as its new General Manager for West Africa. Her appointment comes after her predecessor, Ebi Atawodi, was made Product Manager, Global Payments Growth for Uber worldwide. She worked at McKinsey and Company for three and a half years, before joining Uber. She also worked as a governance adviser ...

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Uber lodges appeal over London ban

Uber has filed an appeal against the decision by London authorities to deny it a licence to operate in London. Last month, Transport for London (TfL) refused Uber a new private hire licence, saying the ride-hailing firm was not fit and proper. TfL said it took the decision on the grounds of “public safety and security implications”. The appeal process ...

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Uber driver sacked over ‘kidnap’

A taxi driver accused of kidnapping a young motorist after a traffic accident in South Africa has been struck off Uber’s roster, eNCA news site reports. The news site has spoken to the father of the alleged victim. He says his son was forced to enter another vehicle by an Uber driver who attempted to extort money from him after a ...

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Ousted Uber CEO Travis Kalanick shakes up board of directors

Travis Kalanick, the ousted CEO and co-founder who still has a seat on Uber’s board of directors, apparently blindsided the company Friday by appointing two new board members. Kalanick tapped Ursula Burns, former CEO of Xerox (XRX), and John Thain, former chief executive of Merrill Lynch. “I am appointing these seats now in light of a recent Board proposal to dramatically restructure ...

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Uber CEO to meet London transport chief after license loss

Uber’s new CEO Dara Khosrowshahi will go to London to meet with the city’s transport commissioner following the regulator’s decision to withdraw licensing. A Transport for London (TfL) spokeswoman confirmed that the meeting will take place next Tuesday. “Following an approach from Uber and at the mayor’s request London’s transport commissioner will meet with Uber’s global CEO in London next Tuesday,” ...

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