It's hard to overstate the pulpy absurdity of Uber's 2017. It started with sexual harassment claims, accelerated with verbal barbs, and ended with an unmasked nest of spies. Still facing terrible press, a "bro culture" image and a US federal investigation, CEO Dara Khosrowshahi told the World Economic Forum in Switzerland Wednesday that the leaks were "incredibly positive" for the company because of the "cultural change" they caused.
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Uber revealed last month that it paid a hacker $US100,000 ($131,857) to keep quiet about the fact that he stole personal data on 57 million users. Now, details about the hacker's identity are starting to come out - he is a 20-year-old from Florida who lives with his mother and wanted to help pay the bills, Reuters reports.
Predicting the future is near impossible -- but that doesn‘t stop us all from having a red hot go. Human beings have been predicting the future since the beginning of history and the results range from the hilarious to the downright uncanny.
One thing all future predictions have in common: they‘re rooted in our current understanding of how the world works. It‘s difficult to escape that mindset. We have no idea how technology will evolve, so our ideas are connected to the technology of today.
Earlier this week, Uber dropped a bombshell by disclosing details of a data breach involving some 57 million user accounts - and then admitting to paying the hackers $US100,000 ($131,170) to destroy the stolen data and keep their mouths shut. Disturbingly, this all happened over a year ago, and as it now turns out, Uber's new CEO, Dara Khosrowshahi, has known about the hacks since he took the helm back in September.
When Dara Khosrowshahi took over the role of Uber CEO from company founder Travis Kalanick, no one thought it was going to be an easy transition. In just over a month, the new CEO has had to deal with numerous major crises left in the wake of Kalanick's tenure. Now even more trouble is rocking the company and the board is set to vote on limiting Kalanick's influence.
Uber held an all-hands meeting today to welcome its new CEO, Dara Khosrowshahi. The new hire was joined by board member Arianna Huffington and former CEO Travis Kalanick in what was mostly a drama-free induction of the new leader to the company -- a company that Khosrowshahi claims he will take public in as few as 18 months.
Uber had an eventful weekend. When Jeff Immelt, former CEO of GE, pulled out of the running for the position of new CEO at the ride sharing startup, it looked like it would be back to the drawing board for the company's directors. But within a matter of hours, Dara Khosrowshahi, head of Expedia, pulled off a last minute victory in the contentious battle to run Silicon Valley's most troubled company.