July 27, 2017

The Scariest Threats to Uber’s Future, From Waymo to Money Worries

UBER Logo on black background
Image Courtesy of UBER

Travis Kalanick, CEO of Uber Technologies, Inc. If you haven’t heard (maybe you’ve been toiling in Elon’s tunnels ?), Uber has had a rough start to 2017. The Department of Justice just launched a criminal probe into the company’s use of “Greyball,” a system it used to identify regulatory officials and block them from booking rides. In January, it lost riders who objected to CEO Travis Kalanick’s (soon abandoned) seat on President Trump’s economic council.

In late February, former Uber engineer Susan Fowler published an explosive blog post , accusing Uber of fostering a misogynistic corporate culture. A few days later, Google autonomous driving spinoff Waymo filed a lawsuit alleging Uber boosted its self-driving program by stealing its trade secrets. Half a dozen high-level executives have left since February. Financial records show the company burning cash at eye-popping rates, and profitability remains elusive.

In a mess like this, it’s hard to know which problems everyone might soon forget and which could hurt the company’s fortunes. To guide you, we’ve rounded up the latest fires, ranked by the likelihood they’ll be the one to scorch the house Travis built. 1. Waymo Attacks

On February 23, Waymo, Google’s self-driving car spinoff, filed a […]

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About NGE Staff 9621 Articles
The News for the Gig Economy Staff is constantly searching the web for the latest news regarding freelancing and gig platforms to bring them to you in one handy place. All articles with this generic author have been sourced with the original location at the bottom of the piece. We encourage our readers to view the original source of all excerpts. NGE is a project of ARC Online, LLC.

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