Tuesday, May 7

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Uber is “Finished” in Turkey- President Erdogan

Uber is “finished” in Turkey said Turkey President Recep Tayyip Erdogan following intense pressure from Istanbul based taxi union to banned Uber. The Istanbul based yellow taxi union is saying the ride-hailing app Uber is eating their business without having a proper legal basis for work. The Turkey government agreed on new rules that are […]

Another Top Uber Executive Leaves the Company

Jeff Holden, Uber’s chief product officer decided to quit the American cab-hailing company to pursue another opportunity, the company confirmed to Recode. Holden joined Uber’s headquarters in 2014 coming from Groupon. The timing of his departure seems very inappropriate since he was leading the firm’s flying car initiative, called Elevate, that would look like giant […]

Uber Sells its Southeast Asia Operations to Grab

Ride-hailing company Uber Technologies Inc came to terms with bigger regional rival Grab to sell its Southeast Asian business operations, both firms said in a statement released today. The deal now puts pressure on Alphabet Inc’s Google and China’s Tencent Holdings Ltd who both support Indonesia’s Go-Jek. The deal between Uber and Grab is Southeast […]

10 Images Showing Indian Glamour at World Economic Forum 2018

India is indeed one of the most talked about topic at 48th World Economic Forum in Davos, Switzerland. The temperature is freezing, but the zeal is not. The World Economic Forum has witnessed great participation and applause from all around the world. PM Modi was the first Indian Prime Minister who opened the session of […]

Uber Names Ex-Orbitz Executive As COO

Uber Technologies Inc on Wednesday named the former chief executive of Orbitz to be its chief operating officer, second-in-command to new CEO Dara Khosrowshahi, who has been revamping the leadership team in hopes of turning around the ride provider and preparing for an IPO. Barney Harford, who was CEO of online travel service Orbitz Worldwide […]

Now Uber Investor Shervin Pishevar Accused Of Sexual Misconduct

Multiple women have accused Uber investor Shervin Pishevar of  sexual misconduct, in a talk with Bloomberg. Pishevar, an early investor of San Francisco based ride-hailing company has been alleged with the misconduct, that he outdid in December 2014. Uber held a holiday party on an unfurnished floor at its headquarters in San Francisco, which was […]

Uber Execs Travel The Globe To Soothe Regulators’ Concerns After Controversies

Uber executives are traveling the globe to reassure regulators that the company is changing the way it does business, after a string of controversies hurt the ride-hailing firm’s reputation, its Asian head said on Monday. These comments come on the heels of Uber’s disclosure last week that it covered up a 2016 data breach which […]

Uber Hacking Cover-Up Collides With SoftBank Deal, Triggers Probes Worldwide

A newspaper advertisement for an Uber Technologies Inc stock sale was juxtaposed on Wednesday with a report that the ride-service provider had covered up a data hack – something of a metaphor for Uber, a company with boundless investor interest, but whose penchant for rule-breaking has led to a series of scandals. The stock sale […]

Uber Paid Hackers $100,000, Concealed Data Stolen From 57 Million Accounts

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 incident resulted in the firing of two employees who led Uber’s response to the hack, said […]