Page 3 - Uber

Uber's former security chief convicted of concealing massive data breach

Uber Technologies' former security chief was convicted of concealing a massive data breach in a case that prosecutors tied to the company's troubled past under its original leadership

Uber asks its India drivers to ensure rear seatbelts in their cars work

A source with direct knowledge also said Uber was conducting checks at airports to ensure its drivers were complying with seatbelt norms

Uber blames notorious extortion gang Lapsus$ for recent data breach

Uber shut down some of its internal software and messaging systems on Thursday, after an attacker infiltrated its network

Hacker apparently breached Uber's network, says security researcher

Uber said on Thursday that it reached out to law enforcement after a hacker apparently breached its network. A security engineer said the intruder provided evidence of obtaining access to crucial systems at the ride-hailing service. There was no indication that Uber's fleet of vehicles or its operation was in any way affected. "It seems like they've compromised a lot of stuff, said Sam Curry, an engineer with Yuga Labs who communicated with the hacker. That includes complete access to the Amazon and Google-hosted cloud environments where Uber stores its source code and customer data, he said. Curry said he spoke to several Uber employees who said they were working to lock down everything internally to restrict the hacker's access. That included the San Francisco company's Slack internal messaging network, he said. He said there was no indication that the hacker had done any damage or was interested in anything more than publicity. My gut feeling is that it seems like they are out

Now, book a bus ride in Gurugram on Uber; service in other cities soon

This pilot will start with Gurugram CNG AC buses on the top-two routes during peak commute hours

Live security agents to help people during trouoblesome Uber rides

When a call or text exchange is requested, the agent can monitor an ongoing trip, stay in contact through the duration of the trip, and even reach out to 911 on the user's behalf

Inclusive roads: New batch of women cab drivers starts training in Delhi

In all, 450 applications received so far for driving lessons

Uber India created Rs 44,600 cr in value for economy in 2021: Report

Study commissioned by ride-hailing firm says its services help riders, drivers and communities save money and time

Teenagers' share in India's gig sector grows 8 times in last 4 yrs: Report

Around 40% of the gig workers now come from the age group of 16 to 23, says a study by Taskmo, an on-demand staffing platform

'Would never acquire a loss-making business': Ola CEO on merger with Uber

The Covid-19 pandemic has hurt the transportation industry. But Ola said it is one of the most profitable ride-hailing companies in the world with a strong balance sheet

Uber to soon shut down its free loyalty programme launched in 2018

Ride-hailing platform Uber is closing down its loyalty programme, Uber Rewards, with users being urged to sign up for the Uber One subscription to get regular Uber and Uber Eats discounts

Zomato's weightage in FTSE indices to rise to 24.9% from August 11

Shares of Zomato gained 2 per cent to close at Rs 55.6

SoftBank plans Vision Fund job cuts after record $23.1-bn net loss in Q2

SoftBank was in a bubble on valuations, no sacred areas for cost cuts, says CEO

Need to address gap due to India's jobless growth, says Anand Mahindra

On inflation, he said that though it's a concern from the business angle, it can nevertheless provide a minimum threshold of returns on productive assets

Uber sells entire stake in Zomato; pockets Rs 3,088 cr, makes 2.4x returns

Fidelity Investment Trust Fidelity Series Emerging Markets Fund bought 54.4 mn shares worth Rs 274 cr and ICICI Prudential Life Insurance bought another Rs 226 crore, showed block deal data

EV firm River gets $11 mn in funding to set up manufacturing plant

Uber and Twitter investor Chris Sacca's fund backs Bengaluru-based company preparing its first electric scooter

Uber users in Delhi, NCR can book their rides using Hindi on WhatsApp

Uber users can now avail its services on WhatsApp in both Hindi and English languages

Zomato shares close on a flat note after falling sharply in early trade

In morning trade, the stock had slumped 9.62 per cent to Rs 50.25 on the BSE. Later, it recovered most of the lost ground and ended at Rs 55.40 apiece, lower by 0.36 per cent.

Zomato says 'not privy' to shareholders' plan as Uber sells 7.8% stake

After Uber sold its 7.8 per cent stake worth over $390 million in Zomato, the Deepinder Goyal-run company said on Wednesday it is not privy to what its shareholders are doing with their shares.

Uber likely to exit Zomato on Wednesday; puts entire 7.8% stake on block

Share sale could fetch as much as Rs 3,300 cr