Uber founder Travis Kalanick has received investment of $400m from Saudi Arabia’s sovereign-wealth fund according to reports in The Wall …
News, Security
Uber paid 20-year-old hacker to destroy stolen data: Reuters
Uber announced last month that the personal data of 57 million users, including 600,000 drivers in the United States, was stolen in a 2016 breach.1 2419
Saudi Arabia reveals big tech names as part of NEOM global advisory board
Saudi Arabia has recently announced the appointment of a global advisory board for the planned $500 billion megacity NEOM.
Analysts: Uber-Careem deal in the interest of the industry
The last two and half years haven’t been easy for Uber Technologies. Post the exit of its former CEO Travis …
Uber settles courtroom battle with Waymo
https://youtu.be/8Wknf8He1XA
Uber agrees to $245m payout to settle Waymo dispute
As part of the agreement, Uber is giving a 0.34% stake of the company to Waymo, and has also agreed not to use Waymo’s technology in its self-driving cars, though it maintains it never did.
Uber ex-CEO to testify in Waymo trial
Alphabet’s Waymo had filed a lawsuit against Uber Technologies a year ago over charges of theft of self-driving car trade …
Uber ex-CEO Travis Kalanick to sell $1.4 billion worth of shares
Uber Technologies’ ousted CEO and co-founder Travis Kalanick is reportedly planning to sell $1.4 billion of stock in the company, or 29 percent of his stake, according to a report by Bloomberg.
Waymo seeks delay of Uber trade secrets trial over new evidence
Waymo is asking to postpone its trial against Uber Technologies scheduled to start Wednesday, saying its adversary hid potentially key evidence in the case.
SoftBank bids to purchase Uber shares at 30 percent discount
Japanese firm SoftBank Group is offering to buy Uber Technologies’ shares at a valuation of $48 billion, a 30 percent …
Uber concealed massive data breach, paid hackers $100,000
Uber Technologies CEO Dara Khosrowshahi revealed in a statement that towards late 2016 hackers had stolen personal data of 57 million …