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Big Tech Archive

Archives for November 2017

Technology
Uber’s new chief legal officer tells staff: If you are surveilling people for competitive intelligence, stop it nowUber’s new chief legal officer tells staff: If you are surveilling people for competitive intelligence, stop it now
Technology
GM’s self-driving division has hired a former top Uber engineer as its first CTOGM’s self-driving division has hired a former top Uber engineer as its first CTO
Technology

Susan Fowler, who worked under AG Gangadhar while at Uber, criticized the hire.

By Johana Bhuiyan
Technology
Uber lawyer says the ex-employee who made allegations about security practices was trying to extort the companyUber lawyer says the ex-employee who made allegations about security practices was trying to extort the company
Technology

However, Uber went on to pay the employee, Richard Jacobs, to be a consultant.

By Johana Bhuiyan and Theodore Schleifer
Technology
Uber’s quarterly losses jumped nearly 40 percent to $1.46 billion ahead of a massive private stock saleUber’s quarterly losses jumped nearly 40 percent to $1.46 billion ahead of a massive private stock sale
Technology

The company revealed these numbers in tender offer documents it sent to some shareholders.

By Johana Bhuiyan
Technology
Benchmark and Menlo have committed to sell shares of Uber to SoftBank in a massive transactionBenchmark and Menlo have committed to sell shares of Uber to SoftBank in a massive transaction
Technology

An early sign of momentum in the long-awaited deal of 2017.

By Theodore Schleifer
Technology
Uber’s security practices come under fire (again) after new evidence comes to light in the Alphabet lawsuitUber’s security practices come under fire (again) after new evidence comes to light in the Alphabet lawsuit
Technology

A former Uber employee claims some of the company’s security officers worked to actively avoid creating a “paper trail.”

By Johana Bhuiyan
Technology
Alphabet has secured another delay in its big trade-secrets trial against UberAlphabet has secured another delay in its big trade-secrets trial against Uber
Technology

Alphabet’s self-driving arm requested the delay after it received new, late-in-the-game evidence from Uber.

By Johana Bhuiyan
Technology
SoftBank will try to buy shares of Uber at a 30 percent discountSoftBank will try to buy shares of Uber at a 30 percent discount
Technology

It proposes a $48 billion valuation for the ride-hailing company.

By Theodore Schleifer
Technology
The city of Chicago is suing Uber for failing to disclose the 2016 breach of 57 million users’ dataThe city of Chicago is suing Uber for failing to disclose the 2016 breach of 57 million users’ data
Technology

The city said Uber did not correct security vulnerabilities in its system as it agreed to after a previous data hack.

By Johana Bhuiyan
Technology
Uber is going to have to explain why it hid the 2016 data breach that affected 57 million usersUber is going to have to explain why it hid the 2016 data breach that affected 57 million users
Technology

The questions — sent by Democrats and Republicans alike — could carry severe legal repercussions for Uber.

By Tony Romm
Technology
Here’s what you need to know about SoftBank’s tender offer for Uber coming tomorrowHere’s what you need to know about SoftBank’s tender offer for Uber coming tomorrow
Technology

It’s time to see if investors will sell or hold onto shares of the troubled car-hailing giant.

By Theodore Schleifer
Technology
Uber is under investigation by multiple states over a 2016 data breachUber is under investigation by multiple states over a 2016 data breach
Technology

Regulators around the country are questioning Uber for staying silent after the hack, which affected 57 million people.

By Johana Bhuiyan and Tony Romm
Technology
Uber hid a 2016 data breach that affected 57 million peopleUber hid a 2016 data breach that affected 57 million people
Technology

The ride-hail company has fired two people who were in charge of handling the response to this hack.

By Johana Bhuiyan
Technology
Which tech stocks beat Facebook, Amazon and Netflix this year?Which tech stocks beat Facebook, Amazon and Netflix this year?
Technology

Answer: Alibaba, Square and Nvidia. FAANG stocks don’t have the same bite.

By Rani Molla
Technology
Why magazine mogul Tina Brown is ‘angry and upset’ at Google and FacebookWhy magazine mogul Tina Brown is ‘angry and upset’ at Google and Facebook
Technology

It’s time for the most powerful companies in digital media to stop playing dumb, Brown says.

By Eric Johnson