EghtesadOnline: Bell Helicopter, which has tied up with Uber Technologies Inc. to revolutionize mass transportation, expects to bring the first air-taxis under the partnership by the middle of next decade, according to an executive at the Textron Inc. unit.
EghtesadOnline: Daimler AG will start ride-sharing shuttles in London later this year, expanding its cooperation with U.S. startup Via Transportation Inc., whose on-demand service racks up 1 million rides a month across New York, Chicago and Washington.
EghtesadOnline: Unity vs. change. That’s the tension facing Uber Technologies Inc. Chief Executive Officer Dara Khosrowshahi.
EghtesadOnline: Dara Khosrowshahi acknowledged some of the myriad challenges he’ll face as chief executive officer of Uber Technologies Inc. but described the job as an “opportunity of a lifetime.”
EghtesadOnline: Uber Technologies Inc. will appoint Expedia Inc.’s Dara Khosrowshahi as chief executive officer of the global ride-hailing leviathan, two people familiar with the matter said. He’ll succeed co-founder Travis Kalanick, who grew Uber into a $20 billion annual booking business last year before scandals forced him out.
EghtesadOnline: The ousted chief executive of Uber Technologies Inc rejected a lawsuit filed against him by one of the company's top investors as a "public and personal attack" without merit, according to court documents filed late on Thursday.
EghtesadOnline: When Uber Technologies Inc. backer Benchmark Capital filed a lawsuit against the startup’s founder Travis Kalanick for using allegedly fraudulent means to pack the board with his loyalists, it sent a strong signal that Silicon Valley’s so-called founder-friendly era is coming to an end.
EghtesadOnline: As Bill Gates and Jeff Bezos jockey for the designation of world’s wealthiest man, the Seattle billionaires are united behind at least one local venture. They’re both investors in a trucking logistics startup that competes with Uber Technologies Inc.
EghtesadOnline: Uber Technologies Inc. Chief Executive Officer Travis Kalanick has resigned after a series of controversies that rocked the world’s largest technology startup and exposed deep problems with its male-dominated culture.
EghtesadOnline: A peculiar theory at Uber Technologies Inc. that an Indian competitor may have framed the company for a headline-grabbing rape in India in 2014 already has contributed to the ouster of at least two executives at the ride-hailing giant.