Uber Share Surge on Solid Profit Forecast as Rideshare Recovery Defies Inflation

Uber Technologies Inc on Tuesday forecast fourth-quarter operating profit above Wall Street estimates, betting on cost controls and rising demand for its rides as customers resume spending more on travel, sending its shares up 15 percent. With cities reopening and travel booming, consumers are shifting their budgets to services, Chief Executive Dara Khosrowshahi said, compared […]

Reflecting on The Uber Data Breach

Recently an Uber data breach became known, and users of the app worldwide were shocked when they found out about the hack. Uber faced significant challenges during these harsh times, trying to keep it behind the public eye for as much as possible. Uber remains operational, but at what cost? What can we learn from […]

Uber Says Lapsus$-linked Hacker Responsible for Breach

Uber Technologies Inc said on Monday a hacker affiliated with the Lapsus$ hacking group was responsible for a cyber attack that forced the ride-hailing company to shut several internal communications temporarily last week. Uber said the attacker had not accessed any user accounts and the databases that store sensitive user information such as credit card […]

Uber Admits Covering up 2016 Hacking, Avoids Prosecution in U.S. Settlement

Uber Technologies Inc on Friday accepted responsibility for covering up a 2016 data breach that affected 57 million passengers and drivers, as part of a settlement with U.S. prosecutors to avoid criminal charges. In entering a non-prosecution agreement, Uber admitted that its personnel failed to report the November 2016 hacking to the U.S. Federal Trade […]

Uber Launches Robot Food Delivery in California

Uber Technologies Inc on Monday said it launched pilot food delivery services with autonomous vehicles in two California cities, and said it was adding electric vehicle charging stations into its global driver app. The announcements are part of Uber’s annual product event where the ride-hail and food delivery company showcases the latest updates to its […]

Uber Secures London License for Two and Half Years

Uber Technologies Inc said on Saturday it has received permission to operate in London under a new 30-month license, ending a years-long battle with the city transport regulator over safety concerns. “Uber has been granted a London private hire vehicle operator’s license for a period of two and a half years,” a spokesperson for Transport […]

Uber's Mideast Business Careem Set to Hire More than 200 in "Super App" Expansion

Uber’s Middle East business Careem is looking to hire more than 200 people, according to a company LinkedIn post, as it expands the roll out of its “Super App” which offers services outside its core ride-hailing business. Careem said it was looking to fill jobs “from engineers to data analysts, operations managers to platform designers, […]

U.S. sues Uber over 'illegal wait time' fees for disabled passengers

Uber has been sued by the U.S. Department of Justice (DOJ) on Wednesday over “wait time” fees charged to passengers with physical disabilities. The suit, filed in the U.S. District Court for the Northern District of California, alleges that Uber went against Title III of the Americans with Disabilities Act (ADA). The ride hailing app […]

Uber’s CEO requires office workers vaccination but not drivers’ 

In a CNBC interview on Thursday, Uber CEO Dara Khosrowshahi announced that the ride-hailing giant will mandate its office workers to get vaccinated to resume working hours, but not its drivers.   Later this year, all of Uber’s U.S. corporate office-based staff will be obliged to get the COVID-19 vaccine before resuming working hours. However, Khosrowshahi says it wouldn’t be […]