Search Results for: Uber
Uber Paid Hackers $100,000 to Keep Secret a Massive Data Breach In 2016
November 22nd, 2017
Uber Technologies Inc paid hackers $100,000 to keep secret a massive breach last year that exposed the data of some 57 million accounts of the ride-service provider, the company said on Tuesday. Discovery of the company’s cover-up of the ...
Who is new Uber CEO Dara Khosrowshahi?
August 28th, 2017
Uber’s search for a replacement for its former co-founder CEO Travis Kalanick looks to have reached its conclusion. Dara Khosrowshahi, the current CEO of Expedia, has been officially offered the job, multiple sources close to the company confirmed to ...
Ousted Uber CEO Kalanick: Investor lawsuit a ‘public and personal attack’
August 18th, 2017
Uber ex-CEO Travis Kalanick called a suit filed against him by an investor in the firm a “public and personal attack.” Powered by WPeMatico
Former Uber CEO says investor lawsuit a ‘public and personal attack’
August 18th, 2017
SAN FRANCISCO (Reuters) – The ousted chief executive officer of Uber Technologies Inc called a lawsuit filed against him by one of the company’s top investors a “public and personal attack” without merit, according to court documents filed late ...
Uber investor sues Uber’s former chief executive for fraud
August 11th, 2017
Travis Kalanick, who built Uber into a transportation behemoth, was ousted as chief executive of the ride-hailing company in June by unhappy investors. Now, one of those investors has escalated the battle by suing Mr. Kalanick, claiming fraud and ...
The rise of Uber affects UK taxi firms turnover
July 24th, 2017
UK taxi turnover falls for the first time in five years as Uber drives up its network expansion The rise of Uber has driven taxi firms’ turnover off course, according to research out today from accountancy firm Moore Stephens. ...
Uber founder Travis Kalanick resigns as C.E.O.
June 21st, 2017
Travis Kalanick stepped down Tuesday as chief executive of Uber, the ride-hailing service that he helped found in 2009 and that he built into a transportation colossus, after a shareholder revolt made it untenable for him to stay on ...
Uber fires over 20 employees after law firm probe
June 9th, 2017
Uber fires more than 20 employees after a law firm probe at the company into a number of complaints including sexual harassment, bullying, discrimination – both those in management and in lower level positions. Legal firm Perkins Coie was retained ...
Uber’s Finance Head Leaves Amid $708 Million Loss
June 1st, 2017
Uber Technologies Inc’s head of finance is leaving as the ride-hailing company reported continued big losses for the first quarter, the Wall Street Journal reported on Wednesday. The ride-hailing company’s first-quarter revenue was $3.4 billion, up 18 percent from ...
Uber is paying its NYC drivers ‘tens of millions’ because of an accounting error that underpaid them for years
May 24th, 2017
An accounting mistake means that Uber has been short-changing its drivers in New York City for years. On Tuesday, the company announced that it will be repaying drivers “tens of millions” after it took more than its share of ...