As Travis Kalanick was in Chicago interviewing a candidate to be his deputy at Uber Technologies, two investors were on a plane to deliver the news that they wanted the CEO gone. Matt Cohler and Peter Fenton, partners at venture capital firm
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Travis Kalanick made Uber a global force by breaking all the rules. The next chief executive will have to be a diplomat, power-sharer and defender of the internal controls long neglected at the world’s most valuable start-up. It’s
Uber Technologies CEO Travis Kalanick has resigned, capping a series of controversies that have rocked the world’s largest privately backed start-up. The company confirmed Kalanick’s departure from the top executive’s
As part of a campaign to turn around its image, Uber Technologies started allowing customers to tip their drivers inside the app. The company rolled out the option Tuesday in Houston, Minneapolis and Seattle, with plans to
Uber Technologies CEO Travis Kalanick told staff he plans to take a leave of absence, without disclosing a return date. The company will strip him of some duties and appoint an independent chair to limit his influence after a slew of scandals
After a Sunday meeting that lasted more than six hours, a representative for Uber Technologies’ board said directors have approved several changes, without providing clarity on the fates of CEO Travis Kalanick or his confidant and head of business, Emil
Uber has introduced a new insurance plan for South African users of the ride-hailing service. The new insurance policy designed to cover riders’ injuries or death while on a trip with Uber and will be provided by global insurance
It is now highly likely that the European court of justice will later this year reject Uber’s fiction that it’s simply a marketplace that brings together drivers and riders by declaring it – gasp! – a taxi company. That
Ride-hailing giant Didi Chuxing raised more than $5,5bn from investors, scoring the single largest round of funding on record to bankroll an expansion beyond China and into driver-less technology. Didi disclosed the financing in an
The idea is certainly audacious: thwart traffic in congested cities by flying over it. Quick, quiet, clean, cheap. This concept – which requires a new type of battery-powered vertical takeoff and landing vehicle