Uber Technologies’ incoming CEO, Dara Khosrowshahi, inherits an embattled global business with crises sprawling across continents. Since Uber’s founding in 2009, the San Francisco-based company has tested the world’s
Author: Agency Staff
pple CEO Tim Cook collected 560 000 shares, half of them linked to the company’s performance and the maximum allowed under the iPhone maker’s long-term compensation programme. The award was worth $89.2m
Duduzane Zuma, a son of South African President Jacob Zuma, said all of his bank accounts have been closed because of pressure on financial institutions from former finance minister Pravin Gordhan. Duduzane Zuma’s
Uber Technologies will appoint Expedia’s Dara Khosrowshahi to run the global ride-hailing leviathan, two people familiar with the matter have said. He’ll succeed co-founder Travis Kalanick, who led the firm to US$20bn in annual bookings
Fitbit desperately needs a hit. The company unveiled its first smartwatch on Monday, hoping that the health-focused features of the device will reverse the hardware maker’s declining influence in the wearables market
History was made in a Seoul court on Friday when Jay Y Lee, scion of the family that founded the giant Samsung conglomerate, was convicted on bribery and embezzlement charges and sentenced to five years in prison
Jay Y Lee, vice chairman of Samsung Electronics, has been convicted of bribery and sentenced to five years in prison, a blow to the heir apparent of the world’s biggest maker of smartphones and memory chips. A three-judge
HTC is exploring its options. That’s exactly what the former smartphone high flyer should be doing. An adviser has been engaged and the Taiwan manufacturer is considering bringing in a strategic investor. A full or partial
Apple is planning to unveil a renewed focus on the living room with an upgraded Apple TV set-top box that can stream 4K video and highlight live television content such as news and sports, according to people familiar with the matter
African Rainbow Capital’s banking partner is close to getting a licence that it wants to use to challenge the dominance of South Africa’s biggest lenders. The Commonwealth Bank of Australia has said it will sell 10% of Tyme