All posts in Uber
Why Big Tech’s Reckoning Won’t Stop With Uber
Now we can say that life for big tech firms appears increasingly different from how it was five years ago. Then, Uber utilized a hidden “kill switch” to thwart police’s probe of its data systems in over 12 countries. The company forged into places where its service-economy methods broke city rules, rising above the mayors’ […]
Leaked Uber files show records of lobbying, lawbreaking, and exploiting violence against drivers
Tens of thousands of leaked confidential files have revealed a history of lobbying, lawbreaking, and exploiting violence against drivers. The record shows a treasure trove of unlawful and sketchy altitudes from Uber. The files were initially shared with the International Consortium of Investigative Journalists and The Guardian. They showed that Uber has knowingly broken laws […]
After losing billions last year, Uber now says it could become profitable in 2020
Uber says it could become profitable by the end of the year, even as it reported another quarter of heavy losses in 2019, according to The Verge. The ride-hailing firm posted losses throughout 2019. Last week, they reported $1.1 billion in fourth-quarter losses, down from second-quarter losses that reached $5.2 billion. The company says it lost […]
Indian ride-hailing firm Ola will launch in London, where Uber faces the loss of its license
The Indian ride-hailing firm Ola will launch in London this February, after transit authorities revoked Uber’s license to operate in the city last year, according to Business Insider. The service launched in other UK cities in 2018, and was granted a 15-month license to operate in London last July. To gain a foothold in the UK’s […]
Co-founder and former CEO Travis Kalanick steps down from Uber’s board
Uber co-founder Travis Kalanick will step down from the company’s board at the end of the year, cutting ties with the ride-sharing platform and selling the rest of his shares, according to Ars Technica. Investors ousted Kalanick as Uber’s CEO following a series of scandals and scrutiny of the company’s workplace culture in 2017, but he […]
Is Raising Funds More Important than Profitability?
Raising funds, getting new valuations, and Series B financing are an inescapable fact of life any startup. We celebrate those companies that are able to pull in eye-popping investments, as with digital bank Monzo – which got valued at £1 billion last year and is looking at raising more funds in order to expand their […]
Looking into the Challenges of the Driverless Car Industry
Buckle up! Elon Musk is announcing he will roll out 1 million robot-taxis by next year. He has also claimed Tesla owners will be able to profit on average $30k a year just by lending their car to the robot-taxi fleet. Tech companies such as Apple and Google are heavily involved in developing driverless cars, as […]
#FrenchTechFriday : go to warp speed with Starnode
Today’s French Tech Friday startup does a very simple thing: it can run your asynchronous javascript functions in parallel. Ok, I might have hit you a bit hard there… How about we start at the beginning and discover all about StarNode. What on earth is Node.Js? Our story starts with Node.Js and […]
Calling all cars: Please return to base immediately
On Friday France’s Conseil Constitutionnel, the country’s judicial authority, announced its long-awaited ruling on Uber’s objections to the Loi Thévenoud. For a quick recap, the Thévenoud Law (named after Thomas Thévenoud, former secretary of state who left the cabinet in a tax scandal last year) aims to handicap innovative on-demand transport companies like Uber and […]
French government vows to enforce ‘anti-UberPOP’ law to quell latest taxi uprising
Another day, another French taxi strike. This time, the taxis were protesting against a ruling this past Friday that UberPOP could continue to operate in Paris. The only drawback to the ruling for Uber was that the court, in response to a deceptive advertising infraction in October, banned them from advertising certain services which would result […]