• 10 things you need to know before European markets open

    23 days ago - By Business Insider

    Good morning! Here's what you need to know.
    1. Governments around the globe launched investigations into Uber after the company disclosed it had covered up a breach that exposed data on millions of customers and drivers, the latest scandal to rock the ride-hailing firm. Authorities in Britain and the United States, two top Uber markets, as well as Australia and the Philippines said on Wednesday they would investigate the company's response to the data breach.
    2. Asian shares edged ahead on Thursday as speculation the Federal Reserve might not tighten US policy as aggressively as first...
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  • The last straw? Uber loyalists tested by string of scandals

    The last straw? Uber loyalists tested by string of scandals

    23 days ago - By Chron

    DETROIT - Uber has managed to hold the title of world's largest ride-hailing service despite its seemingly endless string of scandals.
    Its latest misbehavior involving a data breach cover-up revealed this week could be the impetus for people to ride elsewhere - or keep looking the other way.
    Hackers were able to steal data for 57 million riders and drivers, and Uber concealed it for a year after paying $100,000 in ransom for the stolen information to be destroyed.
    Riders and business experts say that while Uber's problems such as workplace sexual harassment, drivers with criminal records...
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  • Uber's messy data breach collides with launch of SoftBank deal

    23 days ago - By Reuters

    TORONTO/SAN FRANCISCO - A newspaper advertisement for an Uber Technologies Inc stock sale was juxtaposed on Wednesday with a report that the ride-service provider had covered up a data hack - something of a metaphor for Uber, a company with boundless investor interest, but whose penchant for rule-breaking has led to a series of scandals.
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