"Uber has officially accepted responsibility for hiding a 2016 data breach that exposed the data of 57 million passengers and drivers..." reports Engadget.

Reuters explains this acknowledgement "was part of a settlement with U.S. prosecutors to avoid criminal charges." In entering a non-prosecution agreement, Uber admitted that its personnel failed to report the November 2016 hacking to the U.S. Federal Trade Commission [for nearly one year], even though the agency had been investigating the ride-sharing company's data security... U.S. Attorney Stephanie Hinds in San Francisco said the decision not to criminally charge Uber reflected new management's prompt investigation and disclosures, and Uber's 2018 agreement with the FTC to maintain a comprehensive privacy program for 20 years.

The San Francisco-based company is also cooperating with the prosecution of a former security chief, Joseph Sullivan, over his alleged role in concealing the hacking.
Here's what the Department of Justice is now alleging against that security chief (as summarized by Reuters last month: "he arranged to pay money to two hackers in exchange for their silence, while trying to conceal the hacking from passengers, drivers and the U.S. Federal Trade Commission."

That's led to three separate wire fraud charges against the former security chief, as well as two charges for obstruction of justice. The defendant was originally indicted in September 2020, and is believed to be the first corporate information security officer criminally charged with concealing a hacking. Prosecutors said Sullivan arranged to pay the hackers $100,000 in bitcoin, and have them sign nondisclosure agreements that falsely stated they had not stolen data.

Uber had a bounty program designed to reward security researchers who report flaws, not to cover up data thefts.... In September 2018, the San Francisco-based company paid $148 million to settle claims by all 50 U.S. states and Washington, D.C. that it was too slow to reveal the hacking.

The Washington Post shares details from "a trove of more than 124,000 previously undisclosed Uber records." For example, in 2015 Uber CEO Travis Kalanick often pulled an emergency kill switch on its data — that is, "ordered the computer systems in Amsterdam cut off from Uber's internal network, making data inaccessible to authorities as they raided its European headquarters, documents show." "Please hit the kill switch ASAP," Kalanick had emailed, ordering a subordinate to block the office laptops and other devices from Uber's internal systems. "Access must be shut down in AMS," referring to Amsterdam. Uber's use of what insiders called the "kill switch" was a brazen example of how the company employed technological tools to prevent authorities from successfully investigating the company's business practices as it disrupted the global taxi industry, according to the documents.

During this era, as Uber's valuation was surging past $50 billion, government raids occurred with such frequency that the company distributed a Dawn Raid Manual to employees on how to respond. It ran more than 2,600 words with 66 bullet points. They included "Move the Regulators into a meeting room that does not contain any files" and "Never leave the Regulators alone."

That document, like the text and email exchanges related to the Amsterdam raid, are part of the Uber Files, an 18.7-gigabyte trove of data obtained by the Guardian and shared with the International Consortium of Investigative Journalists, a nonprofit newsroom in Washington that helped lead the project, and dozens of other news organizations, including The Washington Post. The files, spanning 2013 to 2017, include 83,000 emails and other communications, presentations and direct messages. They show that Uber developed extensive systems to confound official inquiries, going well past what has been known about its efforts to trip up regulators, government inspectors and police. Far from simply developing software to connect drivers and customers seeking rides, Uber leveraged its technological capabilities in many cases to gain a covert edge over authorities....

According to the documents and interviews with former employees, the company used a program called Greyball to keep authorities from hailing cars — and potentially impounding them and arresting their drivers. It used a technology called "geofencing" that, based on location data, blocked ordinary use of the app near police stations and other places where authorities might be working. And it used corporate networking management software to remotely cut computers' access to network files after they had been seized by authorities.... Greyball was created as a fraud-fighting tool to limit scammers' access to the app, a former executive said, and was at times used to frustrate violent Uber opponents hunting drivers. But Uber operations executives took control of the program and redeployed it against the government, former employees said.
The International Consortium of Investigative Journalists describes their trove of documents as "the secret story of how the tech giant won access to world leaders, cozied up to oligarchs and dodged taxes amid chaotic global expansion."

Last week a headline in the Los Angeles Times proclaimed "Look! Up in the sky! It's an air taxi. They're coming to Los Angeles."

Even the British newspaper the Times took notice: Air taxis will be flying through the skies above Los Angeles in time for the summer Olympics of 2028 if city officials and entrepreneurs have their way.

A Silicon Valley company is the latest to claim that it is close to creating viable electric vehicles that can offer short hops above the traffic-choked streets for not much more than the cost of an Uber ride. Adam Goldstein, chief executive of Archer Aviation, told the Los Angeles Times that his vertical take-off aircraft, designed to travel 60 miles on a single charge at up to 150mph, would "completely change the way we live, the way we work", and could be flying within two years.
The Los Angeles Times cited estimates of $1 billion spent testing electric vertical takeoff and landing aircraft, known as eVTOL, just last year, and noted the "hundreds of companies competing" to build a new "transportation empire." And their opening paragraph paints the scene: Imagine avoiding that soul-crushing, hourlong slog — say from Santa Monica to downtown L.A. on a Tuesday morning. Instead, you hail a high-tech cab that will hop over the gridlock and get you there in nine minutes.... The promise of flying cars — for generations a Hollywood staple of a space-age future, from "The Jetsons" to "Blade Runner" — is finally becoming a reality, so much so that a Swedish company is already selling a single-passenger vehicle called Jetson 1. Los Angeles transportation officials are preparing for this new era and expect drone-like electric air taxis to be operational by the time the 2028 Summer Olympics roll around, if not far sooner....

While many detractors doubt that such travel will soon be viable, affordable or safe, the industry is working with cities to make the technology a reality in the next five years.
The Observer also noted that another eVTOL pioneer, Germany's Volocopter, plans to launch commercial service for its two-seat VoloCity aircraft in 2024 in Europe, with a four-seater by 2026. But are there possible downsides? In cities like New York, wealthy commuters are already taking helicopter rides on a regular basis, and complaints about helicopter noise have skyrocketed in recent years, prompting the city to introduce a bill last week to ban non-essential helicopter uses, such as sightseeing and short-distance travel, in parts of Manhattan.

eVTOLs are quieter than helicopters by design, but they are by no means silent.
Even the Los Angeles Times acknowledges "There are concerns about safety, quality of life and affordability." While a single air taxi may be relatively quiet, what happens when there is a constant stream of them coming in and out of a landing spot? Should there be nighttime restrictions on flights? Will this just be a means for the ultra-wealthy to buzz over poor neighborhoods to Dodger Stadium or Crypto.com Arena?
But the Times' article still drew angry letters to the editor, with one calling air taxis "a disaster waiting to happen." Instead of boosterism reporting and parroting industry marketing claims that these aircraft are some kind of a godsend, how about reporting on how many decibels these flying bubbles for the elite will blare onto the plebes below...? [T]he paper's naive reporting on the technology are disappointing.
They'd also called the Times' claim of $50-a-flight prices "fanciful" — and a second letter writer also expressed skepticism about that low estimated cost. "That reminds one of the outlandish initial promise we were given that the bullet train would cost $33 billion to build."

Waymo and Uber, former legal foes and bitter rivals in the autonomous vehicle space, are teaming up to speed up the adoption of driverless trucks. The Verge reports: Waymo is integrating Uber Freight, the ride-hail company's truck brokerage, into the technology that powers its autonomous big rigs. This "long-term strategic partnership" will enable fleet owners to more quickly deploy trucks equipped with Waymo's autonomous "driver" for on-demand delivery routes offered by Uber Freight, the companies said.

Waymo describes the team-up as a "deep integration" of each company's products, including a jointly developed "product roadmap" to outline how autonomous trucks will get deployed on Uber's network once they are commercial ready. Until then, Waymo says it will use Uber Freight with its own test fleet to better understand how driverless trucks will receive and accept delivery orders. But the partnership goes beyond just beta testing each other's technology. Waymo said it will reserve "billions of miles of its goods-only capacity for the Uber Freight network" in a capacity commitment meant to underscore the seriousness of this partnership. The report notes that Alphabet's Waymo sued Uber in early 2017 over allegations of trade secret theft and patent infringement. The two sides reached a settlement agreement about a year later. "Uber later admitted that it misappropriated some of Waymo's tech and vowed to license it for future use," adds The Verge.

At its WWDC event today, Apple previewed several new features coming with iOS 16, which will debut this fall after spending the summer in beta testing. An anonymous reader quotes a report from The Verge: The lock screen is at the center of Apple's iOS 16 updates, starting with the ability to customize fonts and colors used. It will be possible to add widgets and configure multiple lock screens that you can switch between by swiping across the screen. Different focus modes can also be assigned to different lock screens. Apple-supplied wallpapers get a refresh too, with animated and Pride-themed choices. Notifications appear on the lock screen differently, too. Instead of piling up across the screen, they "roll in" at the bottom of the screen. There's also a "live activities" feature to display notifications associated with an event like an Uber ride or sporting event in a single tile. There's a major update coming to messages, too: iOS 16 adds the ability to edit typos out of sent messages, recall messages that you didn't mean to send, and the ability to mark a message thread as unread so you can come back to it later. SharePlay is also coming to messages.

Apple's powerful Live Text feature will be coming to video. Additionally, there will be more actions available when you use Live Text in photos or videos. Wallet gets some expanded features too, with a way to share saved IDs securely by supplying only necessary information. It'll be easier to share saved keys, too. Apple Pay gets a new "Pay Later" feature, adding the option to split a bill into four equal payments without interest or fees. Apple Maps will get multi-stop routing in iOS 16, and six more cities will be added to the "detailed city experience" introduced in iOS 15. Apple is also adding shared iCloud photo libraries, in an effort to make it easier to share certain photos across family and friends' accounts. Up to six users can access a shared library. Photos will include sharing suggestions, and image edits and keywords will be synced for all users. There's also a new feature called Safety Check, which is aimed to protect people in abusive situations. It allows you to easily revoke access to certain information, like location, that you may have shared with someone else previously. In order to download iOS 16, you'll need an iPhone 8 or later, meaning Apple is "more or less ending support for the iPhone 6S, iPhone 7, and original iPhone SE," reports The Verge.

A new startup lifting elements of competing businesses is far from unusual in today's venture world, but sometimes competing founders don't find the imitation all that flattering. From a report: Andy Bromberg, CEO of the a16z-backed startup Eco, is claiming that Pebble, another fintech startup that came out of stealth this morning, "plagiarized" Eco's materials and business model. Bromberg posted a Twitter thread this afternoon saying Pebble engaged in "copy-and-pasting, immaturity, lying, and espionage." In the thread, Bromberg detailed the background behind his claims, and he also spoke to TechCrunch about the allegations.

Bromberg claims the Pebble co-founders, CEO Aaron Bai and CTO Sahil Phadnis, impersonated Y Combinator investors to get access to Eco's waitlist. He also alleges that Phadnis asked detailed questions about Eco's backend under the guise of looking for employment and that multiple aspects of Pebble's product and marketing language are essentially copy-pasted from Eco. TechCrunch covered the news earlier this week that Pebble, which participated in Y Combinator's Winter 2022 cohort, raised $6.2 million in seed funding from YC itself alongside LightShed Ventures, Eniac Ventures, Global Founders Capital, Montage Ventures, Soma Capital and angel investors.

On its website, Pebble, founded last year, calls itself "the first app that pays you to save, spend, and send your money -- all in one balance." It launched with two core products -- a 5% APY interest offering for customer cash deposits, and a 5% cash back offering when customers spend at its partner merchants, which include Uber, Amazon and Chipotle, Pebble CEO Aaron Bai said. The former product is based on the model of taking in customer funds, converting them to stablecoins, and lending them out to institutions, Bai explained at the time. Bromberg subsequently told TechCrunch that both core products were based on two of Eco's core offerings.

Uber on Monday said it launched pilot food delivery services with autonomous vehicles in two California cities, and said it was adding electric vehicle charging stations into its global driver app. From a report: The announcements are part of Uber's annual product event where the ride-hail and food delivery company showcases the latest updates to its app. Uber announced one food delivery service using autonomous cars, and a separate pilot using sidewalk robots. Both services are available to Uber Eats users in Santa Monica and West Hollywood in California, and consumers will have the ability to opt out of the programs. The autonomous car pilot is in collaboration with Motional, the self-driving joint venture of Hyundai and Aptiv, and was initially announced in December. read more It launched on Monday, Uber and Motional said. Uber said the sidewalk robots are provided by Serve Robotics, a spin-off of delivery company Postmates, which Uber acquired in 2020.

Thieves are targeting digital currency investors on the street in a wave of "crypto muggings," police have warned, with victims reporting that thousands of pounds have been stolen after their mobile phones were seized. From a report: Anonymised crime reports provided to the Guardian by City of London police, as part of a freedom of information request, reveal criminals are combining physical muscle with digital knowhow to part people from their cryptocurrency. One victim reported they had been trying to order an Uber near Londonâ(TM)s Liverpool Street station when muggers forced them to hand over their phone. While the gang eventually gave the phone back, the victim later realised that $6,150-worth of ethereum digital currency was missing from their account with the crypto investing platform Coinbase.

In another case, a man was approached by a group of people offering to sell him cocaine and agreed to go down an alley with them to do the deal. The men offered to type a number into his phone but instead accessed his cryptocurrency account, holding him against a wall and forcing him to unlock a smartphone app with facial verification. They transferred $7,400-worth of ripple, another digital currency, out of his account. A third victim said he had been vomiting under a bridge when a mugger forced him to unlock his phone using a fingerprint, then changed his security settings and stole $35,300, including cryptocurrency.

Uber will cut back on spending and focus on becoming a leaner business to address a "seismic shift" in investor sentiment, CEO Dara Khosrowshahi told employees in an email obtained by CNBC. From the report: "After earnings, I spent several days meeting investors in New York and Boston," Khosrowshahi said in the email, which was sent out late Sunday. "It's clear that the market is experiencing a seismic shift and we need to react accordingly." [...] To address the shift in economic sentiment, the ride-hailing firm will slash spending on marketing and incentives and treat hiring as a "privilege," Khosrowshahi said. "We have to make sure our unit economics work before we go big," the Uber boss wrote. "The least efficient marketing and incentive spend will be pulled back... We will treat hiring as a privilege and be deliberate about when and where we add headcount," he added. "We will be even more hardcore about costs across the board."

By combining two processors into one, the company has squeezed a surprising amount of performance out of silicon. From a report: "UltraFusion gave us the tools we needed to be able to fill up that box with as much compute as we could," Tim Millet, vice president of hardware technologies at Apple, says of the Mac Studio. Benchmarking of the M1 Ultra has shown it to be competitive with the fastest high-end computer chips and graphics processor on the market. Millet says some of the chip's capabilities, such as its potential for running AI applications, will become apparent over time, as developers port over the necessary software libraries. The M1 Ultra is part of a broader industry shift toward more modular chips. Intel is developing a technology that allows different pieces of silicon, dubbed "chiplets," to be stacked on top of one another to create custom designs that do not need to be redesigned from scratch. The company's CEO, Pat Gelsinger, has identified this "advanced packaging" as one pillar of a grand turnaround plan. Intel's competitor AMD is already using a 3D stacking technology from TSMC to build some server and high-end PC chips. This month, Intel, AMD, Samsung, TSMC, and ARM announced a consortium to work on a new standard for chiplet designs. In a more radical approach, the M1 Ultra uses the chiplet concept to connect entire chips together.

Apple's new chip is all about increasing overall processing power. "Depending on how you define Moore's law, this approach allows you to create systems that engage many more transistors than what fits on one chip," says Jesus del Alamo, a professor at MIT who researches new chip components. He adds that it is significant that TSMC, at the cutting edge of chipmaking, is looking for new ways to keep performance rising. "Clearly, the chip industry sees that progress in the future is going to come not only from Moore's law but also from creating systems that could be fabricated by different technologies yet to be brought together," he says. "Others are doing similar things, and we certainly see a trend towards more of these chiplet designs," adds Linley Gwennap, author of the Microprocessor Report, an industry newsletter. The rise of modular chipmaking might help boost the performance of future devices, but it could also change the economics of chipmaking. Without Moore's law, a chip with twice the transistors may cost twice as much. "With chiplets, I can still sell you the base chip for, say, $300, the double chip for $600, and the uber-double chip for $1,200," says Todd Austin, an electrical engineer at the University of Michigan.

Uber announced Wednesday that it is adding trains, buses, planes and rental cars to its UK app this year. "The move is part of a pilot that could be expanded to other countries at a later date if it goes well," reports CNBC. From the report: While Uber won't provide these travel services itself, it will allow users to book them through its app following software integrations with platforms that sell tickets. The tech giant, which may take a cut on each booking, said it plans to announce various partners in the coming months. Uber said the integrations will help to boost app usage among its users in the U.K, who also have the choice of using apps like Bolt and Free Now. The U.K. is one of Uber's largest markets outside the U.S.

Jamie Heywood, Uber's boss in the U.K., said in a statement that Uber hopes to become "a one-stop-shop for all your travel needs." "You have been able to book rides, bikes, boat services and scooters on the Uber app for a number of years, so adding trains and coaches is a natural progression," he said. He added: "Later this year we plan to incorporate flights, and in the future hotels, by integrating leading partners into the Uber app to create a seamless door-to-door travel experience." Uber also plans to let people buy Eurostar train tickets through the app. Eurostar allows travelers to commute from London to Paris and other cities via the Channel Tunnel.

Hertz will buy "up to" 65,000 Polestar EVs for its rental fleet over the next five years. It follows a similar decision last year to order 100,000 Tesla vehicles by the end of 2022, which helped Tesla's market valuation surpass the $1 trillion mark. Engadget reports: The initial mix will focus on the Polestar 2 sedan, but should expand to other models over time. Vehicles will be available to rent in Europe starting this spring, and should reach both North America and Australia late this year. The team-up is a continuation of Hertz's plan to offer the biggest selection of EV rentals in North America, and "one of the largest" worldwide. The strategy includes offering EVs to rideshare drivers working for companies like Uber.

The purchase is a gradual one, and Hertz has clearly given itself wiggle room in case it wants fewer models. This is still a large order, though, and could significantly increase the chances that your next rental might be an EV. It's also a bigger deal for Polestar than it was for Tesla. Polestar sold just 29,000 cars in 2021, and 'only' expects to more than double that number in 2022 -- Hertz could play a large role in the manufacturer's near-term success.

Uber is becoming friends with a former foe. The company has reached an agreement to list all New York City taxis on its app, an alliance that could ease the ride-hailing giant's driver shortage and temper high fares while directing more business to cabdrivers, whose livelihoods were affected by the emergence of car-sharing apps and the pandemic. From a report: While Uber has formed partnerships with some taxi operators overseas, and riders in several U.S. cities can use its app to book taxis if cabdrivers choose to be listed there, the New York City alliance is its first citywide partnership in the U.S. New York, one of Uber's most lucrative markets, has been a battlefield for the company and the city's iconic yellow taxis for years. "It's bigger and bolder than anything we've done," said Andrew Macdonald, Uber's global mobility chief. The company expects to launch the offering to riders later this spring. As part of the deal, the New York City Taxi and Limousine Commission's licensed technology partners will integrate their taxi-hailing apps' software with Uber's. Those apps -- run by Creative Mobile Technologies and Curb Mobility -- are used by the city's roughly 14,000 taxis, according to Uber. The two companies enable credit-card payments in taxis and also run the screens that display the weather, news and ads to riders.

Worldcoin -- the billion-dollar startup that wants to give cryptocurrency to every living human by imaging their eyes -- has recently halted operations in at least seven countries due to a host of logistical hurdles that have prompted it to redraw its launch plans. From a report: Co-founded in 2020 by former Y Combinator chief Sam Altman, Worldcoin aims to photograph the irises of everyone on earth in order to identify them so it can distribute its new digital money fairly. So far, the company has collected images of the eyes of hundreds of thousands of people in about 20 countries. But the process has been bedeviled by problems such as uneven smartphone access, confused users and fraud attempts.

Worldcoin has suspended its work in multiple countries after local contractors departed or regulations made doing business impossible. After technical challenges, it also instituted a new requirement that anyone signing up must have a smartphone -- limiting its reach in developing nations, which have been key to the company's vision. Worldcoin has also repeatedly delayed its target launch date, which is now set for later this year. Worldcoin co-founder and Chief Executive Officer Alex Blania said in an interview last week that these setbacks are the natural result of "very aggressive testing" for a young startup. The company has grown from 10 employees to 100 in the last year, Blania said, and it's still experimenting as it hones its operations. "You're still talking to a Series A company, not an Uber," he said. "Things are not perfect."

Federal investigators spent years hunting for clues in the 2016 hacking of the Bitfinex cryptocurrency exchange, when thieves stole bitcoin now worth $4.5 billion. In the end, what helped lead them to two suspects was something much more quotidian: a $500 Walmart gift card. From a report: That card and more than a dozen others like it, including for Uber, Hotels.com and PlayStation, were linked to emails and cloud service providers belonging to a young Manhattan couple, Ilya "Dutch" Lichtenstein and Heather R. Morgan, according to a criminal complaint. Authorities arrested the couple after seizing $3.6 billion worth of bitcoin allegedly in their control -- the Justice Department's largest financial seizure ever. New details have since emerged about the investigation, in particular how it took advantage of not only advanced forensic tools but also the growing push to rein in crypto crime, including by the industry itself. The discoveries would have been less likely to happen around the time of the hack, when bitcoin was far outside the mainstream of the financial world.

Players generate a wealth of revealing psychological data -- and some companies are soaking it up. From a report: While there are no numbers on how many video game companies are surveilling their players in-game (although, as a recent article suggests, large publishers and developers like Epic, EA, and Activision explicitly state they capture user data in their license agreements), a new industry of firms selling middleware "data analytics" tools, often used by game developers, has sprung up. These data analytics tools promise to make users more amenable to continued consumption through the use of data analysis at scale.

Such analytics, once available only to the largest video game studios -- which could hire data scientists to capture, clean, and analyze the data, and software engineers to develop in-house analytics tools -- are now commonplace across the entire industry, pitched as "accessible" tools that provide a competitive edge in a crowded marketplace by companies like Unity, GameAnalytics, or Amazon Web Services. (Although, as a recent study shows, the extent to which these tools are truly "accessible" is questionable, requiring technical expertise and time to implement.) As demand for data-driven insight has grown, so have the range of different services -- dozens of tools in the past several years alone, providing game developers with different forms of insight. One tool -- essentially Uber for playtesting -- allows companies to outsource quality assurance testing, and provides data-driven insight into the results. Another supposedly uses AI to understand player value and maximize retention (and spending, with a focus on high-spenders).

Developers might use data from these middleware companies to further refine their game (players might be getting overly frustrated and dying at a particular point, indicating the game might be too difficult) or their monetization strategies (prompting in-app purchases -- such as extra lives -- at such a point of difficulty). But our data is not just valuable to video game companies in fine-tuning design. Increasingly, video game companies exploit this data to capitalize user attention through targeted advertisements. As a 2019 eMarketer report suggests, the value of video games as a medium for advertising is not just in access to large-scale audience data (such as the Unity ad network's claim to billions of users), but through ad formats such as playable and rewarded advertisements -- that is, access to audiences more likely to pay attention to an ad.

An anonymous reader quotes a report from the Financial Times: Growing tensions between Microsoft, Amazon, Alphabet, Meta, and Apple lie behind the death of the Internet Association (IA), the nine-year-old lobby group that was Big Tech's voice in Washington, according to insiders and industry observers. The Washington-based group, which dubbed itself the "unified" voice of the internet industry, will shut at the end of the year after both Microsoft and Uber, among others, pulled their financial support, leaving an insurmountable funding gap. "Our industry has undergone tremendous growth and change," it said in a statement, adding that its closure was "in line with this evolution." The closure is a sign of the increasingly different policy objectives of its Big Tech members, said observers, with Microsoft in particular looking to distance itself from its Silicon Valley peers.

"Microsoft has realized that it doesn't want to be associated with Google, Facebook and Amazon," said Barry Lynn, executive director of the Open Markets Institute, an anti-monopoly campaign group. "It's really, really simple." A number of smaller tech companies had also become frustrated that their priorities were at odds with Big Tech's agenda. "This org could've saved itself years ago by kicking out everyone with a market cap greater than $500 billion," tweeted Luther Lowe, Yelp's head of public policy. Yelp left the association in 2019. "I made this suggestion to the leadership a few years ago, but it was shot down, so we quit."

Despite being the second most valuable US technology group, Microsoft has been able to dodge the latest focus on antitrust in Congress. Unlike the CEOs of Facebook, Google, Apple and Amazon, Microsoft's Satya Nadella was left out of the blockbuster congressional hearing in July 2020 that saw the others summoned for a lengthy grilling. Microsoft has also not yet been the focus of any action announced by President Joe Biden's reinvigorated Federal Trade Commission. The company, which went through lengthy antitrust scrutiny in the early 2000s that led it to the brink of being broken up, now boasts about a more collaborative approach with regulators. Lynn said Microsoft was keen to distance itself from its rivals because "they've been through the wringer. They don't want to have their emails read, they don't want to have to go through discovery."

Gig economy companies operating in the European Union, such as Uber and Deliveroo, must ensure workers get the minimum wage, access to sick pay, holidays and other employment rights, unless they use genuinely independent contractors, under plans for new laws to crack down on fake self-employment. From a report: Publishing long-awaited draft legislation on Thursday, the European Commission said the burden of proof on employment status would shift to companies, rather than the individuals that work for them. Until now, gig economy workers have had to go to court to prove they are employees, or risk being denied basic rights. Nicolas Schmit, EU commissioner for jobs and social rights, told the Guardian and other European newspapers that internet platforms "have used grey zones in our legislation [and] all possible ambiguities" to develop their business models, resulting in a "misclassification" of millions of workers.

An anonymous reader quotes a report from The Hill: The Chinese rideshare app Didi announced Friday that it will delist from the New York Stock Exchange just months after its initial public offering. The company's brief announcement on the microblog Weibo noted plans to relist on Hong Kong's exchange, but gave few other details. Didi had been valued at nearly $70 billion after its first day of trading in June, but has since seen its shares collapse amid a crackdown from Beijing. [China says the company broke data privacy laws and posed cybersecurity risks.]

Chinese authorities announced a probe of the company's data security practices shortly after its listing, but that investigation has not yet been closed. The company, which successfully held Uber out of its domestic market, owns a vast trove of data on Chinese users. The company's market capitalization now sits at roughly $38 billion. Its shares tumbled even further Friday following the news of the delisting. "Didi's repatriation to [Hong Kong] is a significantly worrying indicator for the larger US-Sino economic relationship," Brock Silvers, chief investment officer at Kaiyuan Capital in Hong Kong, told CNN. "Beijing essentially forced Didi's hand. [...] Didi's repatriation looks likely to be the start of a trend, and the market should expect that others will follow. Equity investors may not wait for the other shoe to drop."

"Chinese founders previously looked to [New York] for a number of reasons, including looser listing standards, often higher multiples and a domicile beyond Beijing's financial [and] regulatory grasp," Silvers added. "That calculus has rapidly changed, and today's companies -- especially established market leaders or those in certain tech sectors -- will likely face increasing pressure to list on China-controlled exchanges."

Companies that run food delivery and ride-hailing apps are concerned that the European Union will push for gig workers to be considered employees rather than self-employed under a forthcoming proposal aimed at bolstering their labor rights. From a report: The draft European Commission proposal, seen by Bloomberg, would apply to any company that controls digital workers' performance by determining pay, controlling communication with customers, or offering future work based on previous performance -- a move that would be sure to hit companies like Uber Technologies, Deliveroo and Bolt Technology if implemented. These workers would have the "rebuttable presumption of employment," according to the draft, which would mean there is an employment arrangement no matter how the contract is worded. The EU's executive arm doesn't have the authority to mandate labor laws across the bloc and would leave it to EU countries to interpret the rules. The proposal, which is expected to made public next week, said some workers will still be considered "self-employed" but doesn't make clear which ones. Platforms that rely on gig work are pushing back against the commission's plans, which they argue risk putting food delivery workers and drivers out of work. They warn against stricter rules like those implemented by Spain, which prompted Deliveroo to pull out of the country and cost thousands of food delivery workers their jobs.