Law enforcement agencies from time to time do conduct raids on various companies, whether it be because they are suspected of tax fraud or some kind of financial crime, so the concept isn’t totally unheard of. However it seems that according to a repo…
Category Archives: Uber
The self-driving car arena continues to see new partnerships being inked between traditional car manufacturers and tech companies. NVIDIA has confirmed a new partnership with ride-hailing service Uber and auto giant Volkswagen to further the development of self-driving car technology. This is just one of the many partnerships that NVIDIA has inked to further its position in the self-driving technology arena.
NVIDIA has previously teamed up with the likes of Tesla and China’s Baidu. Best known for its graphics chips, NVIDIA has seriously been working on developing self-driving car technology.
The company’s CEO Jensen Huang reminded that Uber’s self-driving car fleet is relying on its technology to drive on its own. Uber has been relying on NVIDIA’s GPU technology since it deployed its first fleet of self-driving Volvo XC90 SUVs in Pittsburgh and Phoenix.
NVIDIA is going to incorporate its artificial intelligence technology with Volkswagen’s future lineup that’s based on its Drive IX platform. The technology will power the “intelligent co-pilot” functionality that will make decisions by processing sensor data inside and outside the car. The functionalities of this technology can be enhanced further via software updates.
The first application of this technology will be witnessed in the upcoming Volkswagen I.D. Buzz electric minibus.
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When it comes to food delivery, there are many options to choose from, with UberEATS being one of them. Now if you’re someone who does order regularly from UberEATS, you might be interested to learn that according to a document seen by The Financial Times (via Business Insider), Uber is looking to test loyalty programs for its food delivery business.
Like we said, there are plenty of food delivery options available right now, with some companies even offering their own services. So in order to better compete in this crowded space and to retain their customers, this is where the loyalty program will come in. In an interview with Business Insider, UberEATS UK country manager Toussaint Wattinne confirmed that they have been running some tests.
“We are constantly testing. We’ve actually run a few tests within specific cohorts in a few cities.” Unfortunately details about the loyalty program are unknown at this point in time, but it has been speculated that perhaps being part of this loyalty program could mean that Uber will waive delivery fees, or give customers access to exclusive promotions, or even exclusive menus.
It is unclear when this loyalty program is expected to roll out in earnest, so customers will just have to wait and see.
It was first rumored earlier this year that Uber was thinking about shutting down its car leasing business in the United States. The company confirmed a couple of months back that it’s shutting down the business in favor of a “less capital-intensive approach.” The car leasing program was costing the company money that it couldn’t afford to lose so it decided to pull the plug. Uber has now gone one step further and sold the business to Fair.com.
The Wall Street Journal reports that Uber has sold its Xchange Leasing business to online car marketplace Fair.com. The report doesn’t mention how much the company is going to pay for Uber’s car leasing division.
The report adds that it’s not going to be a clean break for the division. The terms of the sale apparently give Uber a stake in Fair and give it the right to redirect users through its app to Fair.com. It’s also mentioned that around 150 workers affected by this deal will be offered jobs by Fair.com.
Uber’s cash problems are well documented and the company has been consolidating its business in order to improve the bottom line. It was only a matter of time before the company got rid of this division which was costing it money.
It’s not uncommon for companies to make social media gaffes and they tend to be quite embarrassing. Case in point, Uber tried to wish its followers a happy Puerto Rican Flag Day over the weekend. There was only one problem with the image it shared. The image didn’t show the Puerto Rican flag. It showed the flag of a completely different country.
Users on Twitter were quick to point out the mistake to the company, that it was trying to congratulate Puerto Rico with an image of the Cuban flag.
If that wasn’t embarrassing enough, the image’s description on Shutterstock explicitly mentioned that it was the Cuban flag. “View on the window with the Cuban flag” is the description of that image on Shutterstock. Not that hard to miss now, is it?
The wrong image was tweeted by Uber Puerto Rico and also shared on a Facebook post. Both have since been deleted by the company as word of this social media gaffe spread.
While the Cuban and Puerto Rican flags do have similarities in that both are red, white, and blue. Both also have a star and stripes. However, this could have easily been avoided if the person responsible for this post had just read the Shutterstock description carefully.
Uber has since apologized for the gaffe. “The flag was mistakenly posted and removed as soon as we realized the mistake. We are very sorry for this human error that occurred today. Our deepest apologies to the people of Puerto Rico. We reaffirm our commitment to the Island and ensure that this situation will not happen again,” it said.
— lechancle (@lechancle) December 22, 2017
On our smartphones, basically every app has its own purpose, which means that if you wanted to calculate something, you’d have to interrupt whatever you’re doing to pull up the calculator app. However we’ve started to see companies try to integrate more functions within their apps, like Google Maps and Uber.
However it looks like Uber’s integration isn’t ending with just Google Maps because BBM has announced that Uber will now be integrated into their app as well. What this means is that if you use BBM, you will be able to hail an Uber within the app itself as opposed to having to close the app and launch the Uber app.
According to BBM’s announcement on its blog, “With Uber on BBM, you and your friends can keep the conversation going while seamlessly requesting for an Uber ride in BBM. Taking your next ride is as simple as sending a message or a sticker!” However it should be noted that this feature seems to be limited to Indonesia for now, where the messenger app is still somewhat popular amongst the locals.
We’re not sure if there are plans to bring it to other markets, but given BBM’s decline in popularity over the years, especially in the West, it seems unlikely, but we’ll keep an eye out for it anyway just in case.
Uber’s surge pricing is somewhat controversial, especially when you consider how much more expensive it can get. However in the past the company has gotten major backlash when the company implemented surge pricing during emergency situations, like in Sydney during a hostage crisis, or in London earlier this year during the terror attacks.
However it seems that despite how expensive surge pricing can get, we’re pretty sure no one would have ever expected to be charged close to $20,000 for a 20 minute ride, right? Unfortunately that’s what happened to Uber rider Hisham Salama who claims to have been quoted $18,518.50 for a five-mile ride, which he expected would have cost him around $20. Initially believing it to be a joke, he decided to check with his credit card company and discovered that the money indeed had been earmarked.
@Uber @Uber_Support what turned out to be an honest mistake is now turning into the biggest blunder of 2017. I’m no longer laughing at wondering when #uber will get their act together. Can anyone help? Obviously, no 20 min fare is $18,500. pic.twitter.com/zBhtMSBy67
— Hisham Salama (@The_Hish) December 9, 2017
Salama then tried to get in touch with an Uber support rep who confirmed that the fare is correct, suggesting that Uber was standing by its charges. Unsurprisingly Salama wasn’t going to pay this amount, and together with his friends they took to Twitter to pressure Uber into justifying the costs, which ultimately resulted in Uber backtracking and claiming it to be an error, according to The Canadian Press, where they said that the driver had entered the wrong fee.
The company has since refunded Salama and given him $150 in credit. Uber has also provided a statement to Slate which reads, “We have provided a full refund to this rider and apologized to him for this experience. We have safeguards in place to help prevent something like this from happening, and we are working to understand how this occurred.”
It was reported recently that Uber discovered that it suffered a major data breach in 2016. Not only that, the company reportedly tried to sweep the matter under the rug. Uber has now started to reveal more information about what happened. It’s believed that more than 57 million Uber users were affected globally. The company has revealed that more than 2.7 million users and drivers in the United Kingdom were impacted by this breach.
Their personal information was compromised in the data breach. It left their names, email addresses, and mobile phone numbers exposed.
Uber says that the 2.7 million figure is an approximation because some users might disclose a different location to the one where they actually live. Nevertheless, there’s no denying the fact that quite a lot of people have been impacted by this breach.
Uber hired third-party forensic experts to look into the matter. It’s of the view that credit card numbers, trip location histories, bank account numbers, and dates of birth were not compromised in the breach.
The Information Commissioner’s Office of the UK has already launched an investigation into the matter, saying that it has “huge concerns” about Uber’s data practices and its decision not to disclose the breach.
“We have seen no evidence of fraud or misuse tied to the incident,” Uber said in a statement. It’s monitoring the affected accounts and has flagged them for additional fraud protection.
Recently Uber has been in the spotlight for the wrong reasons. The company was recently fined for hiring drivers who had driving-related criminal records, and also for disclosing a data breach that took place back in 2016. As if that wasn’t enough, a former Uber employee has come forward with some additional evidence in the lawsuit with Waymo about the company’s practices.
In a report from CNBC, former Uber security analyst Rich Jacobs has come forward with a claim that Uber allegedly asked employees to use messenger apps with disappearing messages, such as Wickr, in a bid to prevent “Uber’s unlawful schemes from seeing the light of day.” A report from Associated Press also revealed that Uber hired contractors that employs former CIA agents in an attempt to infiltrate their rivals’ computers overseas, which if true is rather damning indeed.
For those unfamiliar with the ongoing lawsuit, earlier this year, Waymo filed a lawsuit against Uber in which the claim that the latter company had stolen their self-driving technology secrets. This was when they acquired a company called Otto which was started by a former Waymo employee who apparently stole the confidential information before he left, which he then used to start his own company which was later bought by Uber.
Based on these recent allegations, Judge William Alsup has delayed the trial at the request of Waymo. While Waymo and Uber have yet to comment on these allegations, Alsup said, “We’re going to have to put the trial off because if even half of what’s in that letter is true it would be a huge injustice to force Waymo to go to trial.”
Japan’s SoftBank has reportedly been thinking about investing a big chunk of money in Uber. According to a new report, the company is planning to make an offer to purchase Uber shares at a 30 percent discount. Its offer will be based on a valuation of $48 billion which is a 30 percent discount to Uber’s most recent valuation of $68.5 billion.
Uber’s board approved the investment last month. The cash infusion is also going to bring about some corporate governance changes at the company. It would particularly limit the voting powers of some early shareholders, including that of founder and ex-CEO Travis Kalanick.
SoftBank is leading a consortium of investors including the Dragoneer Investment Group. The consortium intends to acquire a stake of at least 14 percent in Uber. The tender offer is reportedly going to be launched in a couple of days and investors will have almost two months to respond to the offer.
Apparently, the offer price is what some of the investors have been expecting. Uber was valued around this level back in 2015 when its shares were priced almost $40 a pop.
SoftBank and its partners retain the right to walk away from the deal if there aren’t enough interested sellers. It’s also expected to make an additional $1 billion investment in Uber at its $68.5 billion valuation.