Tag Archives: Uber

Uber board votes in favor of SoftBank deal, governance changes

SAN FRANCISCO (Reuters) – Uber Technologies Inc directors on Tuesday voted to allow Japan’s SoftBank Group to invest in the ride services company and approved a series of governance changes that increases the independence of the board and decreases the … Continue reading

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Ford Rethinks the F-150, Toyota Gets a New Lidar, London Battles with Uber and More Car News This Week

More than a century after the dawn of the automobile age, cars are a young person’s game again. Sure, the grey-haired bigwigs have started to catch on to the big trends—electricity, automation, connectedness—but if this week’s news is any indication, … Continue reading

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Uber says it will pull out of Canada's Quebec province

TORONTO (Reuters) – Ride-hailing service Uber Technologies Inc [UBER.UL] said on Tuesday it will stop operating in the Canadian province of Quebec next month, pulling out to avoid following tough new regulations announced last week. Uber is withdrawing from Canada’s … Continue reading

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Uber stripped of London license

LONDON (Reuters) – London stripped Uber [UBER.UL] on Friday of its license to operate from the end of September in a huge blow to the taxi app that will affect more than 40,000 drivers in one of the world’s biggest … Continue reading

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Uber reviews Asia business over bribery allegations in U.S.: Bloomberg

(Reuters) – Uber Technologies Inc [UBER.UL], which is the subject of a federal probe into whether it broke bribery laws, has started a review of its Asia operations and notified U.S. officials about payments made by staff in Indonesia, Bloomberg … Continue reading

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Uber Settles ‘God View’ And Data Breach Investigation

Uber has reached an agreement with New York’s Attorney General to implement stronger privacy and security controls. Additionally, the company will pay a $ 20,000 fine to resolve a data breach issue. InformationWeek: Cloud

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