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Uber and Turo announce partnership to bring Turo vehicles to Uber Rent
Prnewswire· 2024-09-05 11:30
Uber customers throughout the U.S., Canada, France, the United Kingdom, and Australia will soon be able to rent from Turo's expansive selection of vehicles directly through the Uber platform SAN FRANCISCO, Sept. 5, 2024 /PRNewswire/ -- Uber Technologies, Inc. (NYSE: UBER) and Turo, Inc. the world's largest peer-to-peer car sharing marketplace, today announced a multi-year partnership which will enable Uber customers to rent from Turo's wide- ranging selection of vehicles directly from the Uber app across ke ...
On-demand transit can disrupt commuting as much as Uber did taxis, say researchers
TechXplore· 2024-09-03 21:08
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain Is public transit ready for a gig economy-style shake up? A group of researchers at Concordia believes that the ride-share model made popular by companies like Uber and Lyft might be a useful, innovative and savings-based approach for suburban commuters as they trudge to work. In a paper publishe ...
Uber drives deeper into South Korea to take on Kakao Mobility
TechCrunch· 2024-08-30 14:01
After seeing double-digit growth in South Korea, Uber Technologies has announced a strategic plan to double down in the country — directly challenging market leader Kakao Mobility, the ride-hailing unit majority-owned South Korean messaging and tech giant Kakao. Uber chief executive officer Dara Khosrowshahi outlined the plans in a press conference in Seoul, where he also kicked off a campaign to grow the company's pool of drivers in the country. That will need to be a major effort. Currently Korea's rideha ...
Uber takes stake in SoftBank-backed self-driving tech startup Wayve
CNBC· 2024-08-29 14:29
LONDON — Uber and British artificial intelligence startup Wayve announced a partnership Thursday that will see the two firms collaborate on autonomous driving technology. As part of the deal, Uber is also investing an undisclosed amount into Wayve for a minority stake, the companies said in a statement. The investment is an extension of Wayve's $1 billion Series C funding round announced earlier this year, which was led by Japanese tech investor SoftBank. U.S. chipmaker Nvidia and software giant Microsoft a ...
Uber fined $324M over transfer of EU driver data to US
Proactiveinvestors NA· 2024-08-26 14:36
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...
Uber Fined $324 Million for EU Data Protection Breach
PYMNTS.com· 2024-08-26 12:26
Uber was fined a record 290 million euros (about $324 million) for failing to protect European driver data. The fine from the Dutch Data Protection Authority (DPA) stems from an investigation that found that the ridehailing/delivery giant transferred personal data of its drivers to the United States while failing to protect that data, according to a Monday (Aug. 26) press release. This violates Europe's General Data Protection Regulation (GDPR), and Uber has since ended the violation, the release said. "In ...
Dutch hit Uber with huge fine over driver data
TechXplore· 2024-08-26 11:35
Core Viewpoint - Uber has been fined 290 million euros ($324 million) by the Dutch Data Protection Authority for serious violations of the EU's General Data Protection Regulation (GDPR) regarding the transfer of personal data of European drivers to US servers [1][2]. Group 1: Regulatory Actions - The fine was imposed following a complaint from over 170 French drivers, highlighting the serious nature of the data protection violations [1][6]. - The Dutch DPA stated that Uber failed to protect driver information adequately during the transfer to the US, which constitutes a serious violation of GDPR [2][3]. - This is the third fine against Uber by the DPA, following previous fines of 600,000 euros in 2018 and 10 million euros in the previous year [7]. Group 2: Data Protection Violations - Uber collected sensitive information from European drivers, including taxi licenses, location data, payment details, and in some cases, criminal and medical data, which were transferred to its US headquarters without proper safeguards [3][6]. - The DPA noted that the lack of appropriate transfer tools resulted in insufficient protection of personal data [3]. Group 3: Company Response - Uber plans to appeal the fine, which will suspend the penalty during the appeal process that could take up to four years [4]. - The company argues that its data transfer processes were compliant with GDPR during a period of uncertainty regarding EU-US data transfers, particularly after the invalidation of the EU-US Privacy Shield in 2020 [8][9]. Group 4: Context of Data Transfers - The investigation was initiated after complaints were filed by a French human rights interest group, emphasizing the importance of GDPR compliance for businesses operating in multiple EU countries [6]. - The uncertainty regarding data transfers between the US and EU has been a significant issue since the invalidation of the Privacy Shield, with a new framework adopted by the European Commission last year [8].
Uber fined $324M over EU driver data transfer breach
TechCrunch· 2024-08-26 11:20
Ride-hailing platform Uber has been fined €290 million — around $324 million at current exchanges rates — by the Netherlands' privacy watchdog for breaching the European Union's General Data Protection Regulation (GDPR). The penalty is related to transfers of personal data of drivers out of the European Union to the US, where Uber's main business is located. The GDPR allows for fines of up to 4% of global annual turnover to be levied for noncompliance. Uber's full year revenue for 2023 was around €34.5 bill ...
Uber's autonomous vehicle strategy boosted by Cruise partnership
Proactiveinvestors NA· 2024-08-23 14:51
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...
GM-owned Cruise will partner with Uber to offer driverless rides
CNBC· 2024-08-22 20:07
Uber Technologies and General Motors' Cruise have agreed to a multi-year partnership, under which the embattled autonomous vehicle company plans to offer driverless rides to Uber users as soon as next year. The Thursday announcement comes as Cruise attempts to revive its robotaxi business after the company ceased operations following an October 2023 incident in which a pedestrian in San Francisco was dragged 20 feet by a driverless Cruise vehicle after she was first struck by a human driver in another car. ...