Uber will pay $148 million in a nationwide settlement led by California after the company allegedly covered up a data breach involving customer and driver data in 2016, the California Department of Justice announced on Wednesday.
Why it matters: Rather than initially disclosing the breach, Uber paid a hacker $100,000 to destroy the stolen data. California Attorney General Xavier Becerra said the settlement shows Uber that "we will hold them accountable" in protecting user data.