Uber disclosed Friday that a data breach may have affected up to 50,000 of its drivers across several states.
Valued at $41.2 billion, on-demand taxi service Uber is both the darling of Wall Street and the bane of local regulators across the country and around the world. Liz Gannes of Re/code joins Hari Sreenivasan from San Francisco with more on the Uber boom and wide-ranging criticism. Continue reading
Uber is one of the most hated companies in the technology industry, writes Vivek Wadhwa. But its disrepute is largely because of its arrogance and frat-boy behavior—not only its business practices. And this behavior is only slowing the company down. Continue reading
Uber, the popular ride-sharing mobile phone app, has developed a reputation for ruthlessness. The company’s latest woes were generated by an executive who talked about hiring operatives to dig up dirt on reporters who criticize the company. Economics correspondent Paul Solman looks at some of Uber’s controversial practices and Gwen Ifill learns more from Jan Dawson of Jackdaw Research. Continue reading
The more we share together the happier we’ll be. That is what companies that make up the sharing economy promise. But as these platforms grow, they compete with existing markets in cities across America. While innovation is good for consumers, do the suppliers of the sharing economy get the same great bargain? Continue reading
You’ve heard about Uber taking business away from traditional taxicab drivers, and their ire toward the competition. But what is it like to drive an Uber, specifically your own car as an UberX? The drivers Making Sen$e spoke to gave Uber, as an employer, a mixed review. Yet none of them wanted to be driving a taxi instead. Continue reading
Ride-sharing services like Uber and Lyft have responded to public demand in a way traditional taxi cabs have not been able to, says Hansu Kim, owner of San Francisco’s third-largest taxi company. But that’s come at the expense of passenger safety, not to mention fair play, he argues. Continue reading
A Frankfurt court has temporarily banned ridesharing service Uber from being used in Germany. A spokesperson for the court said on Tuesday that Uber violates the country’s Passenger Transportation Act. The service is suspended nationwide until a full hearing can be arranged to evaluate the suit brought against it by Taxi Deutschland. Continue reading