Uber/Under: Will Greyball amount to a gamble Uber couldn’t afford?

Uber Technologies Inc. (Uber), the popular ground transportation technology company, has had a controversial start to 2017. Its latest crisis involves an Uber-developed “tool” coined “Greyball” which was ostensibly designed to “den[y] ride requests to users who are violating [Uber’s] terms of service”, according to the company.[1] In reality, Uber deployed the Greyball program, at least in part, to thwart and evade local law enforcement officials and Uber’s regulators with the intent of avoiding costly Continue Reading →

Link Roundup 2/11/17

NYSE: SNAP Snap Inc., best known for Snapchat, its overshare-facilitating mobile app, is going public. If current investor optimism holds, it could prove to be the most expensive tech IPO ever: its current valuation is $25,000,000,000. Skeptics are quick to note that Snap Inc. has never made a profit—it actually lost half a billion last year. Snap is also facing allegations of corporate sexism, being easily distracted by “toys,” and having a confusing interface. Nevertheless, Continue Reading →