Uber seeks $1 billion in funding—again

  

A possible deal could add tens of billions of dollars to the company’s valuation. The ride-sharing juggernaut is reportedly seeking to raise $1 billion in funding just three months after closing its last mega-round, the New York Times reports, citing people familiar with the deal talks. The new investment would bring the company’s valuation as
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Is Uber really worth more than Ford and GM?

  

Uber is looking to raise another $1 billion from its backers — and that could make the ridesharing app worth between $60 billion and $70 billion. $70 billion! For a company that was only founded in 2009. Uber’s last round of funding valued it at $51 billion. That vaulted the company ahead of Chinese smartphone
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23,000 Cars on NYC Streets and No One Is Tracking Uber’s Safety Record

  

With more than 23,000 affiliated vehicles, Uber accounts for 66 percent of all “black cars” in NYC.Crain’s recently reported that Uber nearly doubled its NYC fleet in the past year. Even as Uber adds several hundred cars a month, no one seems to be keeping track of how many traffic collisions involve Uber drivers, making it impossible to assess the company’s safety
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Safety officials recommend 4 tips for using Uber

  

Uber, a transportation network in hundreds of cities worldwide, allows users to download an app, connect with a driver near them and get a ride to their desired destination. For many college students, it has become an alternative to taxi services. While many students rely on Uber for a ride home, other students have reported
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Group of Uber Drivers Strike Nationwide

  

The latest protest against ride-hailing service Uber is coming from within. As reported by Mashable, a group of drivers for the company under the banner “Uber Freedom” are calling for their fellow workers across the U.S. to strike over the weekend, in such major cities as Houston, Chicago, San Francisco and Los Angeles. Participating drivers
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Former Boston Uber Driver Jailed for Raping Passenger

  

A former Uber driver pleaded guilty Friday to charges of aggravated rape, kidnapping, and assault and battery, Middlesex District Attorney Marian Ryan announced. Middlesex Superior Court Judge Merita Hopkins sentenced Alejandro Done, 47, of Boston, to 10 to 12 years in State Prison to be followed by five years probation. “The defendant preyed upon a
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Uber accidentally leaks personal data for hundreds of drivers

  

Uber accidentally exposed the personal data of hundreds of its drivers last night, revealing social security numbers, pictures of driver licenses, vehicle registration numbers, and other information. Drivers registered with the ridesharing company first noticed the leak on Tuesday evening, reporting the news on Reddit, and dedicated Uber message boards. Speaking to Motherboard, one driver said that he
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UBER DRIVERS PLAN 3 DAY WORK STOPPAGE

  

SAN FRANCISCO (KGO) — Upset Uber drivers say they’ll stage a three-day work stoppage and protest in front of company offices starting Friday. The drivers are demanding Uber hike rates by 60 percent, add a tip option and raise fares. They’re calling the action a strike, although technically, only employees of a company can stage one.
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