By Heather Somerville | SAN FRANCISCO <\/p>\n
SAN FRANCISCO Uber Technologies Inc [UBER.UL] has prohibited the use of its so-called \"Greyball\" technology to target regulators, ending a program that had been critical in helping Uber evade authorities in cities where the service has been banned. <\/p>\n
Uber is reviewing the different ways the technology has been used and is \"expressly prohibiting its use to target action by local regulators going forward,\" Uber Chief Security Officer Joe Sullivan said in a blog post on Wednesday. <\/p>\n
The ride-hailing company last week confirmed the existence of the \"Greyball\" program, which uses data from the Uber app and other methods to identify and circumvent officials who aimed to ticket or apprehend drivers in cities that opposed Uber's operations. <\/p>\n
(Reporting by Heather Somerville, editing by G Crosse) <\/p>\n
BRUSSELS High-tech crimes, such as document fraud, money laundering and online trading in illegal goods, are at the root of almost all serious criminality, Europe's police agency said on Thursday. <\/p>\n
HONG KONG Chinese e-commerce giant Alibaba Group Holding Ltd is in talks with banks to raise $5 billion in new funding, sources told Thomson Reuters' Basis Point, amid a flurry of fund-raising by China's tech giants. <\/p>\n
NEW YORK\/TOKYO U.S. nuclear firm Westinghouse Electric Co LLC has hired bankruptcy attorneys, in a sign that owner Toshiba Corp is more seriously weighing a Chapter 11 filing as an option to help it rein in a multibillion dollar financial maelstrom. <\/p>\n
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Uber prohibits use of 'Greyball' technology to evade authorities - Reuters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" By Heather Somerville | SAN FRANCISCO SAN FRANCISCO Uber Technologies Inc [UBER.UL] has prohibited the use of its so-called \"Greyball\" technology to target regulators, ending a program that had been critical in helping Uber evade authorities in cities where the service has been banned. Uber is reviewing the different ways the technology has been used and is \"expressly prohibiting its use to target action by local regulators going forward,\" Uber Chief Security Officer Joe Sullivan said in a blog post on Wednesday. The ride-hailing company last week confirmed the existence of the \"Greyball\" program, which uses data from the Uber app and other methods to identify and circumvent officials who aimed to ticket or apprehend drivers in cities that opposed Uber's operations. Continue reading