Uber reportedly got 3,000 complaints regarding sexual assault in 2018 alone
Uber has revealed that it got around 3,000 complaints regarding sexual assault from the US in 2018. This is a 16% decrease from previous years and Uber says that this number will continue to go down. The company also said that around half of all aggressors in these situations were customers.
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Former Uber security chief faces criminal charges for hiding 2016 breach
Federal prosecutors have charged former Uber security chief Joe Sullivan with obstruction of justice for hiding a 2016 data breach from Federal Trade Commission investigators. The criminal complaint, filed Thursday, suggests that Uber's then-CEO Travis Kalanick was aware of the breach and Sullivan's efforts to cover it up. But it argues that Sullivan kept others involved in Uber's FTC response in the dark about the incident.
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Arstechnica
Tesla beats Toyota to become the world’s most valuable automaker
American electric automaker Tesla became the world’s most valuable automaker on Wednesday when the electric vehicle company’s market capitalization surpassed Toyota’s for the first time. Shares of Tesla gained 5% to hit a new all-time high of $1,135, giving the company a valuation of roughly $206.5 billion, compared with Toyota’s valuation of about $202 billion
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CNBC
Uber’s attempt to buy Grubhub facing challenges
According to the reports, Uber's attempt to build the largest meal delivery company in the US by buying its rival Grubhub has immediately come under fire from lawmakers, city officials, and antitrust experts. Uber and Grubhub, currently the second and third-largest US meal delivery companies by market share behind DoorDash, are in talks over a tie-up as the coronavirus crisis accelerates consumer demand for delivery services.
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Arstechnica
Investment app Robinhood experiences severe disruptions
A statement from the investment app Robinhood, popular among the younger demographic due to its free-trading features, has announced that it is experiencing severe disruptions across its entire system in a power outage, as customers criticize the company for its slow response amid an unexpected upturn in a flagging stock market. The outage may have been caused by higher-than-usual trading volumes.
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CNBC