Uber Ceo

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Uber Ceo - Total results - 25
Uber to cut 3,000 more jobs in second round of layoffs; 'made incredibly difficult decision to reduce workforce', says CEO in mail to employees
Business

Uber to cut 3,000 more jobs in second round of layoffs; 'made incredibly difficult decision to reduce workforce', says CEO in mail to employees

Uber Technologies Inc, the San Francisco-based ride-hailing company, is laying off 25 percent of its staff. It will cut a total of 6,700 jobs, including the 3,700 it had announced earlier this month, Chief Executive Officer Dara Khosrowshahi said.

Uber CEO says company will reach profitability by 2021 despite of mounting losses
News & Analysis

Uber CEO says company will reach profitability by 2021 despite of mounting losses

When adjusted for interest, taxes, depreciation, and amortisation, Uber CEO expects profitability in 2021.

Uber's first earnings report after IPO: Ride-hailing service loses $1 billion in quarter as costs grow for drivers, food delivery
Business

Uber's first earnings report after IPO: Ride-hailing service loses $1 billion in quarter as costs grow for drivers, food delivery

With its share price trading more than 10 percent below its IPO price of $45, Khosrowshahi will have to convince investors Uber can turn a profit

As IPO nears, Uber clings to hard-knuckled tactics in pursuit of growth; 'old habits die hard', says former manager
Business

As IPO nears, Uber clings to hard-knuckled tactics in pursuit of growth; 'old habits die hard', says former manager

Uber’s sharp-elbowed business tactics, detailed by lawmakers, city staff and regulators across the globe, as well as drivers and former employees, continue to drive the company.

Uber 'on track' for IPO in 2019, no plans to sell self-driving car research unit, says CEO Dara Khosrowshahi
Business

Uber 'on track' for IPO in 2019, no plans to sell self-driving car research unit, says CEO Dara Khosrowshahi

Uber is 'quite optimistic' it can resume testing of self-driving cars later this year after a fatal crash involving an autonomous Uber car in Tempe, Arizona in March

MIT is revisiting its study on Uber and Lyft drivers' minimum wages after rebuttal by Uber CEO Dara Khosrowshahi
News & Analysis

MIT is revisiting its study on Uber and Lyft drivers' minimum wages after rebuttal by Uber CEO Dara Khosrowshahi

Khosrowshahi criticised the MIT study in a tweet on Friday as “Mathematically Incompetent Theories (at least as it pertains to ride-sharing),” and linked to a response by Uber chief economist

Uber to stay invested in India, strategy not to change with Softbank acquiring stake, says CEO Dara Khosrowshahi
Business

Uber to stay invested in India, strategy not to change with Softbank acquiring stake, says CEO Dara Khosrowshahi

Asked if SoftBank, which is also an investor in rival and India's market leader Ola, has asked Uber to focus on profitable market, he said the company's strategies are decided by the board.

Uber CEO at IIT Delhi: 'I want to make a huge investment in increasing tech talent here,' says Dara Khosrowshahi
News & Analysis

Uber CEO at IIT Delhi: 'I want to make a huge investment in increasing tech talent here,' says Dara Khosrowshahi

We join the CEO of ride-hailing service giant Uber, Dara Khosrowshahi live from IIT Delhi where he will be in fireside chat with CNBC's Shireen Bhan.

Uber-Waymo trial: Travis Kalanick compares Uber's early relation with Google as that of a little brother to a big brother
News & Analysis

Uber-Waymo trial: Travis Kalanick compares Uber's early relation with Google as that of a little brother to a big brother

Although famous for his hot-headed temperament, Travis Kalanick kept his cool on 7 February and offered short, subdued responses to Waymo’s attorneys.

EU court rules Uber is a transport service and should be regulated like other taxi operators
Business

EU court rules Uber is a transport service and should be regulated like other taxi operators

Uber had argued it was simply a digital app that acted as an intermediary between drivers and customers looking for a ride and so should fall under lighter EU rules for online services.

As Meg Whitman steps down from CEO's role, Hewlett Packard Enterprise' shares fall by 6 percent
News & Analysis

As Meg Whitman steps down from CEO's role, Hewlett Packard Enterprise' shares fall by 6 percent

On 22 November, Whitman told media that talks with Uber had not been a factor in her decision to leave HPE “at all.” ‍

Benchmark Capital's lawsuit against Uber escalates, investors intervene
News & Analysis

Benchmark Capital's lawsuit against Uber escalates, investors intervene

The legal dispute started two weeks ago when Benchmark sued Kalanick in Delaware's Chancery Court to force him off Uber's board and rescind his ability to fill three board seats.

Benchmark Capital claims it gave Uber and Travis Kalanick a month to review recommendations
News & Analysis

Benchmark Capital claims it gave Uber and Travis Kalanick a month to review recommendations

Venture capital firm Benchmark Capital said on Monday it gave Uber Technologies Inc and its ousted chief executive, Travis Kalanick, a month to review its recommendations before filing a lawsuit last week

With Travis Kalanick out of the picture, Uber's ultimate test starts now
Startup

With Travis Kalanick out of the picture, Uber's ultimate test starts now

Many a times the founders may not be the best person to lead the company through all its stages.

Uber co-founder Travis Kalanick resigns as CEO; will remain on the board of directors
News & Analysis

Uber co-founder Travis Kalanick resigns as CEO; will remain on the board of directors

Five large investors, including venture capital firm Benchmark, demanded that the Uber CEO resign immediately in a letter delivered to Kalanick.

General Motors has completed the production of 130 self-driving electric vehicles
News & Analysis

General Motors has completed the production of 130 self-driving electric vehicles

General Motors expects to deploy the vehicles within the month in San Francisco and Scottsdale, Arizona, with its ride-sharing affiliate Lyft Inc, after a final test in Michigan.

Uber sexual harassment issue: Will Travis Kalanick step away temporarily?
Business

Uber sexual harassment issue: Will Travis Kalanick step away temporarily?

The meeting, which Uber has not publicized, could be a pivotal moment for the world's most valuable venture-backed private company,

The board of Uber expected to discuss temporary absence of CEO Travis Kalanick and policy changes
News & Analysis

The board of Uber expected to discuss temporary absence of CEO Travis Kalanick and policy changes

Uber Technologies Inc's board will discuss Chief Executive Travis Kalanick temporarily stepping away from the embattled ride-hailing firm.

Leadership lessons for Uber's Travis Kalanick: Listen to feedback, be humble and more
Business

Leadership lessons for Uber's Travis Kalanick: Listen to feedback, be humble and more

If a leader does not allow space for conversation and divergent views from employees, he cannot be called a leader in the true sense of the term