Cab aggregator Ola's losses widen to Rs 4,898 cr in fiscal 2017 despite 70% jump in total income
• 7 years agoRide hailing app Ola saw its losses widening to Rs 4,897.8 crore, even though its total income grew 70 percent during FY2016-17 as compared to the previous fiscal, as per regulatory documents.
Former Uber backup drivers believe self-driving car crash was bound to happen, long working hours are to blame
Tech2 News Staff • 7 years agoAnd now the recent crash has unravelled the haste Uber is in to make sure that it is ahead of others like Waymo in the self-driving race.
Former Uber CEO Travis Kalanick plans to create jobs in India, China with launch of '10,100 Fund'
Ians • 7 years agoTravis Kalanick co-founded Uber in 2009 and made the ride-hailing app one of the world's most valuable companies.
Ride-hailing service Uber launches Uber Health in US, providing patients and caregivers with reliable transportation
Tech2 News Staff • 7 years agoFeatures in Uber Health include, firstly, flexible ride scheduling for patients, caregivers and staffers.
Uber driver's app in the US will force a 6-hour break after it records 12 hours of driving
Tech2 News Staff • 7 years agoKeeping that in mind, Uber will keep a time counter on how long they have been driving.
Uber's infamous 2016 data breach was done by hackers based in Canada and Florida claims company security executives
• 7 years agoUber’s security team made contact with both people and received “assurances” the pilfered data had been destroyed before paying them $100,000,
Uber ignored a security flaw that allowed hackers to compromise two-factor authentication code
Ians • 7 years agoUber began testing two-factor authentication on its systems in 2015 but the company has yet to widely push the security feature to its users.
Delhi records highest number of Uber rides taken in a single night, followed by Mumbai
Tech2 News Staff • 7 years agoAll over India, Uber recorded 5,000 riders who used multiple stops and split fare feature. Out of them, 1,400 riders were from Mumbai, only.
Uber sells 15% stake to Softbank at 30% discount; deal to loosen Travis Kalanick's grip on ride-sharing app
• 7 years agoThe two firms did not provide details of the valuation but the source said the investment was based on Uber’s worth of $48 billion, down from $71 billion earlier this year.
Ola launches lightweight ‘Ola Lite’ app that loads in under three seconds and uses only 1 MB of storage
• 7 years agoOla Lite is a lightweight app that consumes less than 1 MB space and loads within 3 seconds without compromising on the booking experience.