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Home Tag Archives: Uber

Tag Archives: Uber

Uber reportedly paid hackers $100,000 to cover up a cyberattack that exposed the personal data of 57 million people

By FabNewz Team
November 27, 2017
in :  Business, Tech News

travis kalanickSteve Jennings/Getty Images Uber paid hackers $100,000 to cover up a 2016 cyberattack that exposed the personal data of 57 million people, including both riders and drivers, Bloomberg’s Eric Newcomer reported Tuesday. The data breach, which occurred in October 2016, was not made public until Tuesday when Uber quietly published a blog post about the incident. But Uber’s former CEO Travis Kalanick …

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Uber Confirms SoftBank Has Agreed To Invest Billions

By FabNewz Team
November 21, 2017
in :  Business

A man walks past a poster for ride-hailing service Uber during a press conference in Taipei on April 13, 2017. Uber relaunched its ride-hailing service in Taiwan following a two-month hiatus on the island after sparring with authorities over legal issues. / AFP PHOTO / SAM YEH (Photo credit should read SAM YEH/AFP/Getty Images) The paperwork’s done! The long-anticipated SoftBank …

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Uber Raises Leveraged Loan of 1.15 Billion USD For Global Expansion

By FabNewz Team
November 15, 2017
in :  Funding
Uber

US-based Uber, a rental car conglomerate, has reportedly raised 1.15 crores USD from the financial market for further expansion in global terms. The capital infusion in the company would boost growth thus outreaching accessibility in more countries. On Thursday, Uber went further seeking leveraged loan getting an exclusive offer which previously given to premium establishments. The respective company deliberately took …

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Ola Slams Uber’s Attempt For Highlighting A Sexual Assault Case

By FabNewz Team
June 12, 2017
in :  Business
Ola Slams Uber’s Attempt For Highlighting A Sexual Assault Case

Ola is one of the leading ride-hailing apps. It criticized the other rival company Uber for highlighting a sexual assault case which happened in December 2014 in New Delhi. Eric Alexander who was the business head for Asia Pacific region for Uber has been fired for obtaining the reports on the women who was raped in the Uber cab. Uber …

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SoftBank Invests Rs. 2000 Crores in Ola Inc.

By FabNewz 2016
October 6, 2016
in :  Entrepreneurship, Funding
Ola Inc.

The country’s own car-hailing giants Ola Inc finally settled down with a fundraising of worth Rs. 2000 crores from its prime existing investor SoftBank Corporation. The Japanese telecom and internet major’s inside source made an announcement in which a fresh series of funding will be aggregated. The deal got finalised in presence of ANI Technologies Pvt. Ltd., which is the …

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Uber Joins Hands With Telangana To Help Tribal People

By FabNewz 2016
September 13, 2016
in :  Entrepreneurship
Uber

The world’s leading cab aggregator Uber has joined hands with Telangana State to help people belonging to backwards class as well as several tribes. The scheme is only for those who will be keen enough to learn. People will be trained as cab drivers along with becoming full-time commercial drivers. The government will help people to learn the skill hence …

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Ford Confirms to fully Autonomous ‘Uber’ car by 2021

By FabNewz 2016
August 11, 2016
in :  Cars
Uber’ car by 2021

Ford CEO Mark Fields surprised everyone with his crazy announcement at an event in Silicon Valley that the company will take just 5 years to produce fully autonomous vehicle on the road. By 2021 it’ll be built at scale. The cars will be used specifically for ride-hailing and ride-sharing. The company invested in new tech partners and doubled the size …

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Uber Raises Leveraged Loan of 1.15 Billion USD For Global Expansion

By FabNewz 2016
July 6, 2016
in :  Funding
Uber

US-based Uber, a rental car conglomerate, has reportedly raised 1.15 crores USD from the financial market for further expansion in global terms. The capital infusion in the company would boost growth thus outreaching accessibility in more countries. On Thursday, Uber went further seeking leveraged loan getting an exclusive offer which previously given to premium establishments. The respective company deliberately took …

Read More

Tata & Uber Team Up For Strategic Partnerships

By FabNewz 2016
June 6, 2016
in :  Business
Tata & Uber Team Up

It’s time for every driver to become a micro-entrepreneur. Tata and Uber teamup for a new and thrilling project. You better can say this a “strategic partnership.” If a person purchases a TATA car, he does not have to produce formal documents except driving license to be a driving partner of Uber. With this initiative, Uber wants to grab maximum …

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