Categories
Public Affairs

Uber and Lyft Drivers California Policy Makers Adjust to Tech-Transit Industries

We all need to get around and in this day and age, service providers have created innovative ways to take travelers from point A to B all the way to Z. Organizations such as Uber and Lyft have simplified the process by allowing consumers to book a ride via smartphone. Company drivers use their vehicles […]

Categories
Business

Uber’s Data Breach Results in Resignation of Company CSO

This week, Uber was discovered paying off hackers who breached the personal data of over 50 million users worldwide and nearly 7 million drivers in the U.S (including sensitive data from over 600k American drivers). The discovery of the breach resulted in the removal of two employees responsible for the cover-up including the company’s Chief […]

Categories
Business

Will Uber Employees Strike it Rich or Remain on the Sidelines?

With a $10 billion investment from Softbank finally underway and their collaboration with NASA on urban air mobility, Uber employees may very well be on the road to some serious wealth. If you think that aerial autos are still a figment of your imagination, NASA’s knowledge and technical leadership should help get Uber’s flying taxis […]

Categories
Business Technology

Amidst Scandals, Softbank Invests Billions in Uber

Will this Investment Keep Ridesourcing on the Road? The Japanese internet and communication tech organization, Softbank Group, has agreed to make a multi-billion dollar investment into Uber.  Softbank and San Francisco-based Dragoneer Investment Group will initially drop a direct investment of $1 billion. They will also buy up to $9 billion worth of shares from […]

%d bloggers like this: