Uber can continue to operate in London until this due process of law is expired. On Thursday, London Mayor Sadiq Khan stated Uber’s appeal against London’s transport regulator ban could go on for years. In September, Transport for London stripped… Read More ›
Given Masayoshi Son’s vision of a future driven by AI and interconnected vehicles and its spread of investments in ride hailing and ride sharing companies in major markets of the world, including in India’s Ola and China’s Didi, and given… Read More ›
Although the measures adopted by Uber Technologies significantly shores up its corporate governance and reputation, it has however ticked off early Uber investors since it cuts off their super-voting rights which gives them 10 votes per share. This could potentially… Read More ›
Uber’s law firm O‘Melveny & Myers LLP is investigating on why some potentially problematic business dealings were not disclosed sooner. With a federal probe looking into whether Uber Technologies broke U.S. bribery laws, the ride services company has begun reviewing… Read More ›
While a sweeping investigation by Portland officials has not resulted in any fines and/or penalties, a criminal investigation by the DoJ is still on. As per officials from the city of Portland, Oregon, a sweeping investigation into Uber Technologies Inc’s… Read More ›
Okerstrom has hinted at a possible future tie up between Expedia and Uber Technologies. On Wednesday, Expedia Inc named Mark Okerstrom as its new chief executive and president. He replaces Dara Khosrowshahi who has been hired by Uber Technologies Inc… Read More ›
Despite the troublesome inheritance, Khosrowshahi is firm on expanding Uber’s market share and taking Dara Khosrowshahi, Uber Technologies’ new Chief Executive informed employees that the company’s work culture will undergo change and that it is likely to go public in… Read More ›
A surprise nominee, Khosrowshahi has a brilliant track record at Expedia Inc. As per two sources familiar with the knowledge of the matter, Uber Technologies Inc has selected Dara Khosrowshahi, the CEO of Expedia Inc, a travel company,… Read More ›
Although he has evinced an interest, the matter is still open to a final call. Masayoshi Son, the CEO of the SoftBank Group, has disclosed he is interested in investing in ride-hailing firms Lyft and Uber Technologies. However he has… Read More ›
By imposing steep fines on its drivers Chinese-ruled Macau has ensured that the company’s services comes to an end in the region. In what has been described to be a blow to embattled ride services giant Uber Technologies Inc, the… Read More ›
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