EU authorities consider creating data breach justice league to tackle uber hack November 23, 2017 Multiple investigations prompted by Uber’s admission that it concealed a hack could join together for one big mega-probe into the incident. An EU working group which has responsibility for data protection will decide next week whether to co-ordinate different investigations taking place in the UK, Italy, Austria, Poland and the Netherlands. Read more: The massive [...]
Uber hack: Should you delete the ride-hailing app? This is what the experts advise November 22, 2017 Uber has been rocked by a wave of bad news over the past few months, including the departure of its co-founder and chief executive Travis Kalanick and the loss of its operating licence in London. And there was more bad news for Uber last night as it emerged that the ride-hailing app had been hacked [...]
Citymapper runs into Transport for London’s Uber innovation buffer in private hire licence application November 21, 2017 One of the UK’s top startups is the latest to have its ambitions thwarted by London’s transport regulator, which has been accused of dragging its heels when it comes to supporting innovative new companies in the wake of its row with Uber. Citymapper has been left waiting months for approval for a private hire operator [...]
A pro-business mayor? Khan is less so than Livingstone April 29, 2019 Before he was elected, Sadiq Khan promised – in this newspaper and elsewhere – to be the “most pro-business mayor yet”. In a literal sense, that pledge was already a bit limited, because Khan has only had two predecessors: Ken Livingstone and Boris Johnson. The first one was an apologist for assorted Communist regimes. In [...]
How VCTs can be used to build the next ARM in the UK February 27, 2019 When Venture Capital Trusts were launched in 1995, their purpose was simple: enable SMEs to raise risk equity finance. It’s easy to see why. In 2018, small businesses made up 99.3 per cent of the private sector in the UK and 60 per cent of all private sector jobs. SMEs play an important role in the economy, [...]
Uber confirms Laurel Powers-Freeling as its new UK chair October 27, 2017 Uber has confirmed Laurel Powers-Freeling will be its new independent non-executive chair in the UK. Her appointment to the newly-created role comes as Uber fights to defend its right to operate in London. Columbia and MIT graduate Powers-Freeling is a senior independent director on the board of challenger bank Atom, and has previously held roles [...]
Uber licence appeal could take years, says London mayor Sadiq Khan November 16, 2017 Uber’s appeal against a decision not to renew its licence in the capital is likely to go on for years, the Mayor of London Sadiq Khan has said. “My understanding is that it could go on for a number of years,” said Khan, speaking at Mayor’s Question Time on Thursday morning. Read more: Uber’s targeting [...]
Finance chiefs desert Saudi business summit as backlash to missing journalist intensifies October 16, 2018 The global boycott of a high-profile Saudi investor conference gathered pace yesterday as the bosses of JP Morgan, Ford, Blackstone and BlackRock led an executive exodus following the disappearance of journalist Jamal Khashoggi. The US resident and critic of the Saudi government has not been seen since entering the Saudi consulate in Istanbul on 2 October. [...]
Activist investor launches searing attack on Just Eat over poor returns December 17, 2018 One of Just Eat's shareholders has slammed the company’s management, saying the firm has become the “worst-performing public equity in online food delivery”. Cat Rock Capital, which holds a two per cent stake in Just Eat, urged the board to offload non-core assets, provide a three-year financial plan and change pay incentives for executives in a [...]
Uber appoints Barney Harford as its first ever chief operating officer – a Brit and former Orbitz chief executive December 20, 2017 Uber has appointed its first ever operating chief – a British executive from the travel world who previously worked with the startup’s newly installed chief executive Dara Khosrowshahi. Barney Harford will take on the leadership role which was first floated under former chief and founder Travis Kalanick to keep him in check. Read more: It’s [...]