Techmeme

Results 21 - 30 of about 80:

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
Eric Newcomer / Bloomberg:
Uber's head of product Daniel Graf talks about the route-based pricing used in some cities, and how Uber will deal with driver discontent about pricing changes   —  The ride-hailing giant is using data science to engineer a more sustainable business model, but it's cutting drivers out from some gains.
May 19, 2017, 4:15 PMIn context
Bloomberg:
Sources: Lyft forecast a $130M loss and $800M in gross bookings for Q1, and booked 22.8M rides in February after #DeleteUber, up 137% YoY   —  The No. 2 U.S. ride-hailing provider has seized on Uber's recent troubles  —  Lyft Inc.'s bookings and ridership surged in the first quarter …
Apr 27, 2017, 12:52 PMIn context
Eric Newcomer / Bloomberg:
Uber shares Q4 2016 numbers: gross bookings up 28% QoQ to $6.9B, net revenue up 74% QoQ to $2.9B, net loss up 5% to $991M   —  The ride-hailing giant opens up its books for the first time in an interview with Bloomberg.  —  by  —  Uber Technologies Inc. isn't required to report its finances publicly …
Apr 14, 2017, 2:17 PMIn context
Eric Newcomer / Bloomberg:
Sources: Munchery seeks to raise up to $15M to recapitalize, has already raised $5M+ from existing investors Menlo Ventures and Sherpa Capital   —  The food delivery startup is recapitalizing, devaluing the stakes of many early investors.  —  The food delivery startup Munchery Inc. has raised …
Mar 29, 2017, 8:45 PMIn context
Bloomberg:
Uber suspends self-driving car testing following Arizona crash involving one of its cars; police say the Uber car was not at fault, another car failed to yield   —  A self-driving car operated by Uber Technologies Inc. was involved in a crash in Tempe, Arizona, the latest setback for a company reeling from multiple crises.
Mar 25, 2017, 2:30 AMIn context
Bloomberg:
Sources: Uber denied recruiters access to its demographic data, hindering its diversity efforts, and plans release of its first diversity report next week   —  Under pressure from harassment and sexism allegations, the ride-hailing giant is rethinking its approach to hiring.  —  by
Mar 24, 2017, 9:55 PMIn context

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