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Uber breach, cover-up trigger government probes around the globe

The logo of Uber is seen on an iPad, during a news conference to announce Uber resumes ride-hailing service, in Taipei, Taiwan April 13, 2017. REUTERS/Tyrone Siu

Governments around the globe launched investigations into Uber Technologies Inc after the company disclosed it had covered up a breach that exposed data on millions of customers and drivers, the latest scandal to rock the ride-hailing firm.  Full Article 

Rep. Kevin Brady (R-TX), Chairman of the House Ways and Means Committee, speaks at news conference announcing the passage of the "Tax Cuts and Jobs Act" at the U.S. Capitol in Washington, U.S., November 16, 2017. REUTERS/Aaron P. Bernstein

Democrats, advocacy groups launch blitz of ads attacking tax plan

The tax overhaul pushed by President Donald Trump and fellow Republicans is prompting a slew of attack ads by Democrats and progressive groups that say the legislation would lavish benefits on corporations and the rich, while harming the middle class.  Full Article 

Chief Executive Officer of AT&T Randall Stephenson speaks during a press conference in New York City, New York, U.S. November 20, 2017. REUTERS/Shannon Stapleton

Republican-appointed judge to hear AT&T lawsuit, Time Warner shares rise

A Republican-appointed judge with extensive antitrust experience was selected on Tuesday to preside over the U.S. government's lawsuit to block AT&T Inc's acquisition of Time Warner Inc, sending Time Warner shares higher as investors bet the judge would be more likely to allow the deal to proceed.  Full Article 

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A general view of the U.S. Supreme Court building in Washington, U.S., November 15, 2016. REUTERS/Carlos Barria

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Data breach class actions are the least of Uber’s problems

On Tuesday, Uber’s new CEO, Dara Khosrowshahi, disclosed that in late 2016, hackers got hold of personal data belonging to 57 million Uber drivers and riders. Uber did not report the incident to riders or drivers when it occurred, Khosrowshahi said. As Reuters reported Wednesday, the company paid the hackers $100,000 in exchange for their assurances the stolen data would be destroyed.