Latest News on Chief Executive Dara Khosrowshahi
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Chief Executive Dara Khosrowshahi - Total results - 9
Oct 12, 2018
Richard Branson suspends business links with Saudi Arabia over disappearance of journalist Jamal KhashoggiBranson, founder of Virgin Group, says he will suspend his directorships in two tourism projects in Saudi Arabia while an investigation takes place.
Jun 26, 2018
Uber's license renewal in London to see the light of day in a ruling todayUber overhauled its policies after Transport for London refused to renew its licence
Apr 21, 2018
Uber CEO Dara Khosrowshahi meets London's transport commissioner to renew company's licence in LondonKhosrowshahi flew to London in October for discussions with Brown after which Uber promised to make things right in the British capital city.
Apr 13, 2018
US court rules that UberBLACK drivers are independent contractors and not its employeesA US District Judge Michael Baylson on 11 April said San Francisco-based Uber does not exert enough control over drivers for its limo service
Apr 13, 2018
Uber will begin annual criminal background checks of drivers in US to keep riders safeOther safety features include buttons in the Uber app that allow riders to call 911 in an emergency.
Mar 29, 2018
Uber CEO says there are no plans to consolidate its operations for minority stakes in rivals; battle with Ola to carry on say analystsUber and Ola are both backed by a common investor, SoftBank, which pushed behind the scenes for the merger between Uber and Grab Holdings in Southeast Asia
Jan 19, 2018
SoftBank closes deal to acquire 15 percent of Uber; invests $9 billion in the ride-hailing appUber is hoping the deal helps it move past recent internal strife and strengthens the position of CEO Dara Khosrowshahi.
Jan 05, 2018
Uber co-founder to sell off a third of his stake in the company for $1.4 bnTravis owns 10 percent of Uber, which means his sale will unload 2.9 percent of Uber shares and earn him about $1.4 billion.
Dec 29, 2017
Uber sells 15% stake to Softbank at 30% discount; deal to loosen Travis Kalanick's grip on ride-sharing appThe two firms did not provide details of the valuation but the source said the investment was based on Uber’s worth of $48 billion, down from $71 billion earlier this year.