Photo: An Nhien Uber faces an ever-growing cast of adversaries that includes dubious regulators, litigious drivers, hostile members of the press, and some well-funded rivals. But the most significant threat to the app-based transportation company may be much closer to home: one of its biggest investors, Google. Google Ventures, the search giant's venture capital arm, invested $258 million in Uber in August 2013. It was Google Ventures' largest investment deal ever, and the company put more money into Uber's next funding round less than a year later. Back then, it was easy for observers to imagine Google teaming closely with Uber, or even one day acquiring it. David Drummond, Google’s chief legal officer and senior vice president of corporate development, joined the Uber board of directors in 2013 and has served on it ever since. Now there are signs that the companies are more likely to be ferocious competitors than allies. Google is preparing to offer its own ride-hailing … [Read more...] about Google Is developing its own Uber competitor
Uber ceo resigns
VietNamNet Bridge - Analysts believe that Uber is in big crisis, with Uber Vietnam confirming the resignation of Dang Viet Dung from the post of CEO. In August 2017, Uber increased the taxi service rate from VND7,000 to VND8,500 per kilometer in HCMC and the maximum discount rate for drivers at 25 percent. The decision faced strong opposition from the community of drivers. Many of them called on their colleagues to leave Uber for Grab.In late September, the HCMC Taxation Agency decided to impose a fine and collect tax arrears of VND66.8 billion, or $3 billion from the company. Uber Vietnam was accused of making wrong declarations about the tax sums it had to pay.When the decision was made, rumor spread that Uber Vietnam would stop operations. However, Dung at that moment denied it. He said that Uber Vietnam, together with the holding company in the Netherlands, were working with the taxation agency to clarify existing problems.Also in September, Nguyen Anh Tuan, president of … [Read more...] about Is there an end for Uber in Vietnam?
Strategies needed to cope with personnel changeTam An HCMC – It is necessary to come up with human resource strategies in order to take proactive steps upon personnel change, thereby leaving little or no impact on production and business activities, heard a roundabout at the Saigon Times Group in HCMC on December 14. The roundtable, focusing on personnel change at companies in a fast-changing business environment, is among a series of seminars and talks themed “Go with Business” that is organized every two months by the Saigon Times Group in collaboration with partners to support business. The meeting entitled “How to stay calm at personnel change” was jointly held by the Saigon Times Group and ManpowerGroup Vietnam. Le Thi Kim Thuy, Human Resources Director at Bosch Vietnam, said personnel change includes manpower transfer, promotion, resignation, and dismissal. Positive personnel change is an opportunity for businesses to rearrange and streamline their … [Read more...] about Strategies needed to cope with personnel change
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 users, including 600,000 drivers in the United States, 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 made the payment last year through a program designed to reward security researchers who report flaws in a company's software, these people said. Uber's bug bounty service - as such a program is known in the industry - is hosted by a company called HackerOne, which offers its platform to a number of tech companies. Reuters was unable to establish the identity of … [Read more...] about Uber paid 20-year-old Florida man to keep data breach secret -sources