Technology Uber Investor Sues Over Self-Driving Car Firm Acquisition

06:35  14 december  2017
06:35  14 december  2017 Source:   bloomberg.com

EXCLUSIVE: Uber paid 20-year-old Florida man to keep data breach secret - sources

  EXCLUSIVE: Uber paid 20-year-old Florida man to keep data breach secret - sources A 20-year-old Florida man was responsible for the large data breach at Uber Technologies Inc last year and was paid by Uber to destroy the data through a so-called "bug bounty" program normally used to identify small code vulnerabilities, three people familiar with the events have told Reuters. Uber announced on Nov. 21 that the personal data of 57 million passengers and 600,000 drivers were stolen in a breach that occurred in October 2016, and that it paid the hacker $100,000 to destroy the information. But the company did not reveal any information about the hacker or how it paid him the money.

Uber accused of stealing self - drive technology by Google unit. 31 a trial over trade-secret theft claims brought against Uber by Alphabet unit Waymo. McElrath accuses directors of ignoring “red flags” about the 2016 acquisition of Levandowski’s firm that amounted to “an improper and potentially

(Bloomberg) -- Uber Technologies Inc. directors were accused of failing to properly review the ride-sharing company’s 0 million acquisition of a self - driving technology firm that wound up being accused of 31 a trial over trade-secret theft claims brought against Uber by Alphabet unit Waymo.

The Uber application is seen running on an iPhone on November 8, 2017.© Getty Images The Uber application is seen running on an iPhone on November 8, 2017. (Bloomberg) -- Uber Technologies Inc. directors were accused of failing to properly review the ride-sharing company’s $680 million acquisition of a self-driving technology firm that wound up being accused of stealing trade secrets from a unit of Alphabet Inc.

Uber’s board recklessly approved the purchase of a company owned by former Google engineer Anthony Levandowski, who has been accused of stealing seven years of research material about self-driving cars from his former employer, according to an investor’s lawsuit in Delaware Chancery Court.

'Another woman gave birth to my child': surrogate sues fertility clinic

  'Another woman gave birth to my child': surrogate sues fertility clinic A woman who agreed to have a baby for an infertile friend is suing the fertility clinic involved, claiming one of her donated eggs was later used to “implant and impregnate” her friend directly, without her written consent. The lawsuit alleges her friend, identified only as "Jane Doe," went on to give birth to a baby boy who is genetically half Chonn's child.In an interview with CBC News, Alicia Chonn, 38, says she had no idea the second procedure was to be performed."I was completely blind-sided," she said.

Uber Investor Sues Over Acquisition of Self - Driving Car Firm - www.bloomberg.com. Uber Investors Threaten to Sue over Board Vote To Uber or Not? A promotional video produced by Uber showed self - driving cars on the test track navigating around parked cars , car doors swinging into.

Uber Investor Sues Over Acquisition of Self - Driving Car Firm - www.bloomberg.com. Uber Confirms Self - Driving Semi Track Tests - www.govtech.com. Uber Investors Threaten to Sue over Board Vote To Uber or Not?

The suit, filed Wednesday by Uber investor Lenza McElrath III, comes as a California judge delayed until Jan. 31 a trial over trade-secret theft claims brought against Uber by Alphabet unit Waymo.

McElrath accuses directors of ignoring “red flags” about the 2016 acquisition of Levandowski’s firm that amounted to “an improper and potentially criminal raiding of Google’s assets,” according to the complaint.

Matt Kallman, an Uber spokesman, said executives were reviewing the suit and declined to comment on it. He noted that Elrath, a former Uber engineer, has sued the company in the past about misleading employees about compensation issues.

Access Technology

Waymo accuses Uber of hiring Levandowski to get access to technology that would help develop a laser-scanner system, known as LiDAR. That system uses laser-beam reflections to sense a vehicle’s surroundings so the car can avoid pedestrians, obstacles and other vehicles. The technology is key for Waymo, Uber and other companies looking to move into the autonomous-vehicle market.

Uber apologizes after customer billed $18K for 21-minute ride

  Uber apologizes after customer billed $18K for 21-minute ride Uber is apologizing to customer who was charged more than $18,000 for a short ride in downtown Toronto. Photos posted on social media over the weekend showed that an Uber rider was billed $18,518.50 (AU$19,128.87) for a 21-minute Uber ride.An Uber spokesperson confirmed the incident, and says the rider had been fully refunded.Uber staff say the massive over-charge was a result of driver error, not a technical glitch.

Uber Technologies Inc. directors were accused of failing to properly review the ride-sharing company’s US0 million acquisition of a self - driving technology firm that wound up being Uber Investor Benchmark Sues Former Chief Travis… Google CEO Sundar Pichai Appointed To Alphabet Board…

Google parent Alphabet Inc.’s heated rivalry with Uber Technologies Inc. over self - driving cars has spilled into the courthouse, after the internet giant sued the ride-hailing company for allegedly stealing trade secrets to jump-start its own autonomous vehicle program.

The directors’ failure to oversee the purchase of Levandowski’s company is another example of the company’s renegade approach to business tied to founder Travis Kalanick, McElrath said in the suit. Kalanick, ousted as the company’s CEO in June after a series of allegations of misconduct, is having an arbitrator decide whether he still controls some of the firm’s board seats. Kalanick and other Uber directors are named as defendants in McElrath’s suit.

The case is McElrath v. Kalanick, No. 2017-0888, Delaware Chancery Court (Wilmington).

Woman Sues Nelly Claiming Sexual Assault, Defamation .
A woman has sued Nelly, claiming he sexually assaulted her on his tour bus and later damaged her reputation by refuting her account. The Seattle Times reported Wednesday that Monique Greene’s lawsuit against Nelly, whose real name is Cornell Haynes Jr., seeks unspecified damages.The rapper was arrested on his tour bus in a suburban Seattle Walmart parking lot in October. Prosecutors said last week they weren’t charging him because the woman wasn’t cooperating with the case.Nelly’s attorney says the lawsuit is financially motivated and a countersuit is planned.

—   Share news in the SOC. Networks

Topical videos:

This is interesting!