Uber warns investors about upcoming safety report as it preps to go public - News Summed Up

Uber warns investors about upcoming safety report as it preps to go public


New York (CNN Business) As Uber readies to go public , it's warning investors about a safety report it plans to put out this year that could negatively impact its brand. The report could have a detrimental impact on the soon-to-be public company's reputation, Uber warns. But the transparency report warning is a reminder that safety issues continue to pose a threat to Uber's brand. A sexual assault-related lawsuit filed this month by three individuals in Los Angeles listed as Jane Does addresses the phenomenon of "fake Uber drivers," in which individuals pose as Uber drivers in order to pick up and harm passengers. CNN's investigation last April also uncovered similar incidents of assault on Lyft's platform, and is playing catch-up on safety features.


Source: CNN April 15, 2019 18:11 UTC



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