Techmeme

Results 11 - 20 of about 76:

Bloomberg:
Sources: Benchmark, other Uber shareholders have discussed selling some shares to SoftBank; Benchmark initiated the effort to sell stock before the CEO's ouster   —  Uber Technologies Inc. shareholders and its board, led by early backer Benchmark, have discussed selling some of their shares …
Jul 14, 2017, 4:40 PMIn context
Eric Newcomer / Bloomberg:
Uber and Yandex merge ride-sharing services in Russia in $3.7B joint venture; Yandex will invest $100M for a 59.3% stake; Uber will invest $225M for 36.6% stake   —  Yandex to take controlling stake in new combined venture  —  Deal marks Uber's second major global retreat after China
Jul 13, 2017, 7:30 AMIn context
Eric Newcomer / Bloomberg:
Waymo drops 3 of 4 patent infringement claims against Uber, says Uber no longer uses infringing tech; bulk of the case related to trade secrets theft remains   —  Waymo, Alphabet Inc.'s self-driving car division, dropped three of four patent infringement claims in its lawsuit against Uber Technologies Inc …
Jul 7, 2017, 2:00 PMIn context
Eric Newcomer / Bloomberg:
Benchmark confirms Bill Gurley will leave Uber's board of directors, to be replaced by fellow partner Matt Cohler   —  Benchmark partner Bill Gurley is in talks to leave Uber Technologies Inc.'s board of directors, two people familiar with the matter said.  —  If he decides to go …
Jun 21, 2017, 8:17 PMIn context
Bloomberg:
Sources: Amazon expressed interest in acquiring Slack, in a deal that would value the company at $9B+   —  Chatroom company's value said to be at least $9 billion  —  Microsoft boosted competition with Teams chat platform  —  Corporate chatroom startup Slack Technologies Inc …
Jun 15, 2017, 2:00 AMIn context
Eric Newcomer / Bloomberg:
As Travis Kalanick takes leave, the company will strip him of some duties and appoint an independent chair to limit his influence, according to Holder report   —  Travis Kalanick will hand off some duties to COO, chair  —  He plans to take a leave without disclosing return date
Jun 13, 2017, 1:08 PMIn context
Bloomberg:
Sources: Emil Michael believes a weak board and lax legal team at Uber, plus his friendship with Travis Kalanick, led to his ouster, not scandals   —  Emil Michael is replaced by David Richter as business head  —  CEO Travis Kalanick may take leave after series of scandals
Jun 12, 2017, 4:45 PMIn context
Eric Newcomer / Bloomberg:
Sources: Uber adds Nestlé executive and Alibaba board member Wan Ling Martello to its board, after Holder probe recommended more independent directors   —  Company adds Martello, a Nestle exec and Alibaba board member  —  Independent probe recommended more independent directors
Jun 12, 2017, 2:30 PMIn context
Eric Newcomer / Bloomberg:
Source: Uber harassment findings result in 20+ fired after 215 claims investigated; a separate Eric Holder-led probe has sent recommendations to board   —  Uber Technologies Inc. told employees that more than 20 people have been fired after a company investigation into sexual harassment claims …
Jun 6, 2017, 1:43 PMIn context
Eric Newcomer / Bloomberg:
Brazilian ride-hailing service 99 raises $100M from SoftBank to better compete in a region where, a source says, Uber's margins are one of their highest   —  For Uber, it's not a good sign.  —  Brazilian ride-hailing startup 99 raised $100 million from SoftBank Group Corp. to help it compete …
May 24, 2017, 7:55 PMIn context

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