Uber was fined €290 million ($324 million) by the Dutch privacy watchdog for failing to protect driver data when transferring it to the US.  The fine is the highest ever issued by the Dutch Data Pr...

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- Uber was fined €290 million ($324 million) by the Dutch privacy watchdog for failing to protect driver data when transferring it to the US.
- The fine is the highest ever issued by the Dutch Data Protection Authority and the biggest Uber has received globally.
- Uber collected and retained sensitive driver data, including taxi licenses and medical information, on US servers without adequate privacy protections.
- The violation lasted over two years, but Uber ended the practice last year and plans to appeal the fine.
- This is the third penalty Uber has faced from the Dutch authority, previously fined for data retention and breach notification issues. 

 Source: [Bloomberg](https://www.bloomberg.com/news/articles/2024-08-26/uber-hit-by-record-324-million-fine-for-data-transfers-to-us)

Uber Hit by Record $324 Million Fine for Data Transfers to US

Journalist

Uber Hit by Record $324 Million Fine for Data Transfers to US- Grapevine

35% emgineers in some teams might go for PIP. The ones in PIP would be let go.

Uber layoffs incoming on 26th July

Software Engineer

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My friend booked an Uber cab and it wasn't moving. He sent a text asking for Phone Number in the app itself. She didn't give any number at first but then he started to spam the chat asking for phone number and she thought maybe he couldn't call her for some reason via Uber that's why asking for number. So she sent her number to the driver expecting a call from him.
There was a warning about not sharing phone number in the chat which was ignored.
Just after few secs of sharing the phone number, the ride was started without even her being in the car.
She wondered how can an Uber start a ride without a pin as she needs to share the pin and she could see the car nowhere.
When trying to cancel the ride, it showed that it would charge extra money and so she decided not to cancel it yet and tried to check other options to complain to Uber.
The cab driver ended the trip and money was deducted automatically as she had online payment set up.
Although she was successful to get the refund for the same on reporting it in Uber, I wanted to know how can someone start ride without the pin being shared? What did he do with the phone number ?

Uber scam

The fare and s almost double this weekend. Is the fare better on weekdays?

Uber auto fare is almost double this weekend

Program Manager

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- Is this just like iitiim shaadi?
- What are these "Top Consultants"?
- Do they guide even on first nights?
- Any users? Success or Failure?
- Which people are/aren't eligible for this app?

- Since when did Uber launch external ads in their app?

VIP Shaadi

Growth Manager

Welcome to Software Engineers's Private Community

I interviewed with Uber in Jan 2023, cleared all the rounds but they did not released the offer till march, so I lost hope and moved ahead. Fast forward, they reach out in Feb this year as they are hiring aggressively now. Received the offer letter based on last year interview rounds. 
Right now I’m working for a MNC as SDE 2(~5 YOE) and I’m not sure weather to join it or not. Uber is offering SE-2 for a fintech team. 

Other points:
1) cash component is 40% higher than my current org. This excludes the RSUs which Uber provides
2) various additonal perks which Uber provides like free food, wellness , insurance etc
3) WLB is great right now, not sure about it in Uber
4) Frequent Layoffs in Uber

Folks working in Uber, how is the wlb and layoffs scenario here.  Would you recommend joining?

Join Uber or not?

Software Developer

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Recently Uber launched Audio Recording feature for the rides which would provide an added layer of safety on an ongoing trip. 

As per Uber, all audio recordings are encrypted and stored securely on your device. Your recording will be locked, and no one—not your driver, not Uber, not you—has access to it. Uber can only access the recording if you report an incident and choose to share the recording. Uber does not share these recordings with third parties and these recordings are only used to resolve safety concerns.

Few issues I see with this feature
1. Consent - Consent from both parties of being recorded. Since the feature doesn’t notify passengers or drivers when recording starts, I believe consent plays a big part. 
2.  Since Uber is going to share these with law enforcement agencies this could go sideways and Uber might receive too many summons from law agencies to share such recordings or this might see an increase in false complaints. 
3. Storage - Uber using phone storage instead of in-app cloud storage. 
4. Data handling - We have seen data breaches in past. This questions what if scenarios.
5. Inability to share recording until after the trip might be a limitation in cases where immediate intervention or reporting is required. 

I know this is nice feature and would definitely deter any untoward behaviour by a driver or passenger but I want to understand is this the step in right direction? 
All awesome PMs and engineers here, pls pitch in and share your thoughts.

Audio recording feature for Uber rides

Product Manager

- Uber has not seen a significant impact on consumer spending despite a weakening US economy, with food delivery demand remaining healthy.
- The company reported a record high in the average number of trips booked by its 156 million monthly active users in Q2, with revenue growing 16% year-on-year to $10.7 billion.
- Net income for the quarter was $1 billion, significantly surpassing market expectations, driven by a $333 million revaluation of Uber's stakes in other companies.
- Uber's delivery segment showed healthy order growth, and the company expects its adjusted earnings to be between $1.58 billion and $1.68 billion in the current period.
- The company is focusing on growth through potential acquisitions and making delivery offerings more affordable, with a growing ads business contributing to profitability. 

 Source: https://www.ft.com/content/22b1b73e-c9df-4318-8cf8-cac92c85f4f5

Uber Reports Strong Consumer Spending and Profit Growth

- Uber invests $30 million in Everest Fleet, valuing the company at $425 million post-allotment.
- Everest Fleet issues 13,726 Series C preference shares to raise the funds, as per regulatory filings.
- The Mumbai-based firm plans to use the funds for general operations, working capital, and business expansion.
- Uber now holds an 11.37% stake in Everest Fleet, making it the largest external stakeholder.
- Everest Fleet's revenue for FY24 is projected to more than double to Rs 1,015-1,020 crore from Rs 466 crore in FY23. 

 Source: [Entrackr](https://entrackr.com/2024/09/exclusive-uber-invests-30-mn-in-everest-fleet-at-425-mn-valuation/)

Uber invests $30 Mn in Everest Fleet at $425 Mn valuation

Looks like Uber is hiring

Product Marketing Manager

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“A year ago, a friend at Uber got an offer from Meta & asked my take. I told them I can't predict the future but:

- Uber has lower margins and barely makes a profit
- Meta has higher margins, and huge profits

Therefore Meta is likely a safer bet, job security-wise.

I was wrong.” - Gergely Orosz 

Anyone inside Uber knows what is it that is keeping Uber going strong ?

Quite curious how Uber is going strong and hiring aggressively

Just to know whether its worth the effort interviewing

How much does UBER india pays staff/EM level role

Computer Operator

Ola seems to have deeply deprioritized the cabs business. I've heard it's profitable now for them (makes them cash), but seems like they're not scaling anymore.

Uber is #1 in India by some margin it seems. Dara said they have a higher market share vs. when he took over as CEO (2017)

Don't pay more than showing in the app ever

TECH NEWS News: Delhi man shared Reddit scam involving fake Uber app screenshot by Money Control. Driver inflated fares with fake screenshots. Noticed phone screen in

Delhi man scammed by Uber driver with a fake screenshot: How much money he lost and other details - Times of India

Uber Scam Alert

Senior Consultant

Meanwhile Uber, Lyft and every single food delivery app ever made has never come close to turning a profit and is in massive debt

- The Ministry of Heavy Industries (MHI) has asked the Automotive Research Association of India (ARAI) to verify if Ola Electric is honouring warranties and maintaining service centres. 
- This follows a show cause notice from the Central Consumer Protection Authority (CCPA) over alleged consumer rights violations and misleading advertisements. 
- If found guilty, Ola Electric could lose incentives under the FAME-II and PLI schemes. 
- The CCPA plans to pursue class action against Ola Electric due to thousands of unresolved complaints. 
- Ola Electric's two-wheeler registrations declined 11% month-on-month to 23,965 units in September 2024.

Source: [Inc42](https://inc42.com/buzz/after-ccpa-notice-govt-amps-up-the-heat-on-ola-electric/)

Government Intensifies Scrutiny on Ola Electric Following CCPA Notice

Uber asking for funds

This will be big! No more surge pricing now

Transport department has announced a uniform fare structure for all cabs, including those operated by Ola and Uber, by categorising vehicles into three classes based on the cost of the vehicle.

Karnataka government revises cab fares, including Ola & Uber

Uber & Ola Fares Fixed in Bangalore now!

Trying to see companies that people here have had the dream to join, but didn’t ultimately work out. Have you now grown over it?

Which company were you obsessed with joining, but never could?

For me it was McKinsey 
 It was the best job out of college, status wise. 
  
 Did well in college and made it to the final shortlist. Was obsessed with it, read books and all about The Firm. 
  
 Then the interviews happened, couldn’t convert. Was a downer.  
  
 But 5 years later, doesn’t matter much. I feel life taught me better things. And my fascination of consulting jobs has changed drastically since :p

Uber Hit by Record $324 Million Fine for Data Transfers to US

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