Uber is about to get a significant investment from SoftBank, but it had to approve drastic changes to make that happen. For starters, one share now only equals one vote, meaning Travis Kalanick will have less power over the board.
Business Tech October 4, 2017
In what’s seen as a move to reassert his control of the company, Travis Kalanick has appointed two new Uber board directors. This has caused further rift among Uber’s already-rocky board.
Business Tech September 30, 2017
Uber can add London to the cities it’s no longer welcome in. Transport for London has declined to renew Uber’s license to operate in the city, leaving the ride-hailing company with 21 days to appeal.
Business Tech September 22, 2017
The FBI has launched an investigation into whether the Hell program of Uber, which it used to spy on Lyft drivers, illegally interfered with its rival's business. New Uber CEO Dara Khosrowshahi has rough times ahead.
Business Tech September 9, 2017
Dara Khosrowshahi held an all-hands meeting at Uber where he discussed his plans for Uber’s future. The ride-hailing company’s business and culture are his top two priorities.
Business Tech August 31, 2017
Uber’s two-month search for a new CEO has come to an end. The company has picked Expedia Chief Dara Khosrowshahi to replace Travis Kalanick, but actually, it’s not a fabulous job.
Business Tech August 28, 2017
Other tech CEOs figure prominently in Glassdoor’s annual ranking of best CEOs based on employer ratings.
Business June 10, 2015
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