Homepage Rankings and Research Companies Channelcast Marketing Matters CRNtv Events WOTC Cisco Partner Summit Digital 2020 HPE Zone The Business Continuity Center Enterprise Tech Provider Masergy Zenith Partner Program Newsroom Hitachi Vantara Digital Newsroom IBM Newsroom Juniper Newsroom Intel Partner Connect 2021 Avaya Newsroom Experiences That Matter Lenovo GoChannelFirst The IoT Integrator NetApp Data Fabric Intel Tech Provider Zone

Uber S-1 Reveals Millions Paid For Google Maps, Its Multi-Cloud Bet

‘We do not believe that an alternative mapping solution exists that can provide the global functionality that we require to offer our platform in all of the markets in which we operate,’ Uber’s IPO prospectus states.

Back 1 ... 2   3   4   5   Next

The 2016 Data Breach On AWS

Uber’s filing acknowledges the company is the subject of U.S. Department of Justice criminal inquiries and investigations, and related civil enforcement inquiries and investigations by other U.S. and foreign government agencies. Those investigations include its 2016 data breach in which a hacker gained access to the personal information of 57 million riders and drivers that was hosted on AWS’ cloud platform. In a deal announced last September with the attorneys general of all 50 U.S. states and the District of Columbia, Uber was required to pay $148 million to settle the investigation after its failure to disclose the breach until a year after it was discovered and its $100,000 payment to the hacker through its bug bounty program.

“The 2016 Breach may lead to additional costly and time-consuming regulatory investigations and litigation from other government entities, as well as potentially material fines and penalties imposed by other U.S. and international regulators,” Uber stated in the filing.

In November, U.K. and Dutch regulators assessed fines totaling about $1.2 million against Uber, and France imposed a EUR 400,000 fine.

Uber said various government authorities also are examining its Greyball software tool that limits driver vehicle views available to regulatory enforcement authorities, alleged deceptive business practices and fraud, the alleged use of inappropriate means to obtain a rape victim’s medical records and its disclosures to certain investors.

Back 1 ... 2   3   4   5   Next

sponsored resources