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Uber’s Ex-CEO Is Reportedly Unloading a Big Chunk of His Stock for $1.4 Billion Uber’s Ex-CEO Is Reportedly Unloading a Big Chunk of His Stock for $1.4 Billion

Uber cofounder and ex-CEO Travis Kalanick is close to selling “nearly a third” of his equity in the company, Reuters reported late Thursday. Kalanick has so far retained his 10 percent ownership of the company, even after resigning from his position as CEO in June. Reuters reports the sale, the first time Kalanick has…

Rare Malware Targeting Uber's Android App Uncovered Rare Malware Targeting Uber's Android App Uncovered

Malware discovered by Symantec researchers sneakily spoofs Uber’s Android app and harvests users’ passwords, allowing attackers to take over users’ accounts. The malware isn’t widespread, though, and most Uber users are not affected.

Uber’s Unreal $70 Billion Valuation Really Was Unreal Uber’s Unreal $70 Billion Valuation Really Was Unreal

Today Uber, the biggest ride-sharing company in much of the world, got its hands on even more money by selling up to 20 percent of itself to Softbank and other investors in exchange for a giant sack of cash. But those investment dollars come with a catch. In order to raise more money, Uber sold a chunk of itself at a…

No One Looks Good in Uber's Bug Bounty Fight No One Looks Good in Uber's Bug Bounty Fight

This weekend, a security consultant detailed what he believed were serious vulnerabilities in Uber’s software—and his disbelief that the company’s bug bounty program refused to pay him for his research. Unfortunately, it’s a story without heroes.

Uber Wishes Its Followers a Happy Puerto Rican Flag Day With the Cuban Flag [Updated] Uber Wishes Its Followers a Happy Puerto Rican Flag Day With the Cuban Flag [Updated]

On Friday, Uber tried to celebrate the anniversary of the Puerto Rican flag’s creation on social media. Unfortunately, the company commemorated Puerto Rican Flag Day with an image of the wrong flag.

In Letter, Uber Said Drivers Didn't Make Advertised Earnings Due to Their 'Choices' In Letter, Uber Said Drivers Didn't Make Advertised Earnings Due to Their 'Choices'

In January, Uber settled claims by the Federal Trade Commission (FTC) that it misled drivers about how much money they could make on the platform. But in a letter obtained by Gizmodo under the Freedom of Information Act, Uber argued that drivers were fundamentally at fault for earning less than the advertised rates…

Uber’s Big Claim That It’s Not Really a Cab Company Is Bogus, EU Court Rules Uber’s Big Claim That It’s Not Really a Cab Company Is Bogus, EU Court Rules

For years Uber has been trying to convince the world it is a tech company, not a transportation company. But the highest court in the European Union isn’t having it.

Silicon Valley's Dumbest 'Inventions' of 2017 Silicon Valley's Dumbest 'Inventions' of 2017

If 2016 was the year of “Uber for X,” 2017 was the year of Silicon Valley “inventing” things.

Former Employee Accused Uber of Hacking and Surveillance Former Employee Accused Uber of Hacking and Surveillance

In a damning letter released today, a former Uber employee, Richard Jacobs, claims that the company engaged in several illegal practices, including hacking, trade secret theft, and surveillance—all in an effort to emerge at the top of the competitive ride-hailing market.

Lyft to Drivers: Treat Yourself Because We Won't Lyft to Drivers: Treat Yourself Because We Won't

Lyft, a ride-sharing company that was recently valued at $11.5 billion and has positioned itself as the “woke” alternative to Uber, has done some nice things to distinguish itself from its much larger, international competitor. It was the first to allow riders to tip drivers, it once encouraged users to sit in the…

Uber's Massive Scraping Program Collected Data About Competitors Around The World Uber's Massive Scraping Program Collected Data About Competitors Around The World

For years, Uber systemically scraped data from competing ride-hailing companies all over the world, harvesting information about their technology, drivers, and executives. Uber gathered information from these firms using automated collection systems that ran constantly, amassing millions of records, and sometimes…

Uber And Lyft To Reimburse Riders Who Were Hit With Surge Pricing In NYC Following Bombing Uber And Lyft To Reimburse Riders Who Were Hit With Surge Pricing In NYC Following Bombing

Following an explosion Monday morning near the Port Authority Bus Terminal in Manhattan, New York City’s subway system backed up with congestion just as the morning commute got underway. Prices on Uber and Lyft rides also skyrocketed, and both companies have now said they will offer refunds to some passengers in the…

Silicon Valley’s Worst Apologies of 2017  Silicon Valley’s Worst Apologies of 2017 

Silicon Valley had somewhat of a reckoning this year. The tech overlords finally had to face the music: their products and services aren’t as wholesome and life-changing as they preached them to be. Turns out, a bunch of white men didn’t anticipate issues that might impact their non-white-male users. Like sexual…

Uber Settles Lawsuit Alleging It Obtained Rape Victim in India's Confidential Medical Records Uber Settles Lawsuit Alleging It Obtained Rape Victim in India's Confidential Medical Records

Uber has been accused of a lot of very, very bad things over the course of its existence, including a culture of rampant sexual harassment, spying on competitors and users, and covering up hacks by paying off the hackers. But one of the worst things it’s allegedly done was shadily obtaining the medical records of an…

Tesla, Uber Investor Posts Twitter Poll Asking If Millions Of North Korean Deaths Would Be Acceptable Tesla, Uber Investor Posts Twitter Poll Asking If Millions Of North Korean Deaths Would Be Acceptable

Jason Calacanis, founder of Engadget and investor in dozens of companies, including Tesla and Uber, would like to know if it’s morally acceptable for millions of people to die in a preemptive strike against North Korea. It’s just something that came up over dinner.

Relatable Uber Hacker Was Just Trying to Pay His Bills Relatable Uber Hacker Was Just Trying to Pay His Bills

Uber revealed last month that it paid a hacker $100,000 to keep quiet about the fact that he stole personal data on 57 million users. Now, details about the hacker’s identity are starting to come out—he is a 20-year-old from Florida who lives with his mother and wanted to help pay the bills, Reuters reports.

Uber Faces Multiple Lawsuits Over the Hack it Tried to Hide Uber Faces Multiple Lawsuits Over the Hack it Tried to Hide

Uber recently revealed that hackers stole data on 57 million passengers and drivers in October 2016, and instead of warning consumers about the breach, the company paid the hackers to stay quiet.

New Senate Bill Includes Jail Time for Executives Who Conceal Data Breaches New Senate Bill Includes Jail Time for Executives Who Conceal Data Breaches

Top Democrats on the Senate Commerce Committee are renewing efforts to pass a law requiring companies to quickly notify consumers in the wake of a data breach, citing recent news that Uber suffered a breach more than a year ago and responded by paying the hackers responsible $100,000 in exchange for their silence.

Uber Admits 2.7 Million UK Users Affected by Data Breach Uber Admits 2.7 Million UK Users Affected by Data Breach

Uber has confirmed that data for about 2.7 million customers in the United Kingdom was stolen in the 2016 breach that affected at least 57 million people worldwide. Reports revealed last week that Uber tried to keep the hack secret for more than a year, and even paid the hackers $100,000 to delete the information and…

Uber Says Whistleblower Was Extorting the Company Uber Says Whistleblower Was Extorting the Company

The drama surrounding an explosive letter written by former Uber employee Richard Jacobs keeps heating up, with Uber executives testifying in court today to try to undermine it.

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