Techmeme

Results 31 - 40 of about 105:

Eric Newcomer / Bloomberg:
Uber formally accepts Kalanick's appointments, Thain and Burns, as directors, ahead of a Tues. meeting sources say will address whether to pursue SoftBank deal   —  Potential for $10 billion SoftBank stock deal also on agenda  —  Kalanick's appointments complicate effort to reform company
Oct 2, 2017, 4:45 PMIn context
Eric Newcomer / Bloomberg:
Travis Kalanick appoints Ursula Burns, John Thain to Uber board in clout-bolstering move; Uber says decision “came as a complete surprise to Uber and its board”   —  Kalanick asserts right to pick directors as questions swirl  —  Unclear if Uber's new CEO Khosrowshahi supports board choices
Sep 29, 2017, 10:25 PMIn context
Bloomberg:
Sources: SoftBank agrees to block any plans to elevate Travis Kalanick at Uber, removing an obstacle in ongoing investment talks   —  SoftBank to block any plan to make Kalanick CEO or chairman  —  Uber backer Benchmark wants guaranteed check on former CEO
Sep 27, 2017, 5:15 PMIn context
Eric Newcomer / Bloomberg:
Sources: Uber, facing federal probe into possible overseas bribery, reviews operations in Indonesia, Malaysia, India, South Korea, and China   —  An Uber employee is said to have paid Jakarta police  —  Law firm investigating possible quid pro quo in Malaysia
Sep 19, 2017, 8:48 PMIn context
Eric Newcomer / Bloomberg:
Uber files lawsuit against Fetch Media, owned by Japanese ad firm Dentsu, for click fraud; sources say Uber plans to seek $40M in damages   —  Uber is said to seek at least $40 million from ad agency  —  The ride-hailing company says Fetch sold Uber ‘fake’ clicks  —  Uber Technologies Inc. is accustomed to getting sued.
Sep 19, 2017, 11:10 AMIn context
Eric Newcomer / Bloomberg:
Sources: SoftBank, Didi, Dragoneer, General Atlantic in exclusive talks with Uber, may buy up $12B in stock in two-part deal that hinges on Benchmark dispute   —  SoftBank, Didi, General Atlantic and Dragoneer discuss funding  —  Investors could spend as much as $12 billion in the deal
Aug 15, 2017, 9:10 PMIn context
Bloomberg:
Sources: Slack raising $250M, led by SoftBank and Accel Partners, valuing the company at more than $5B   —  Messaging startup is set to be valued at more than $5 billion in new funding round.  —  Slack Technologies Inc. is raising about $250 million in a funding round co-led by SoftBank Group Corp. …
Jul 26, 2017, 8:10 PMIn context
Eric Newcomer / Bloomberg:
Sources: Uber could appoint a new CEO within six weeks, says head of HR; shortlist has fewer than six candidates, including HPE's Meg Whitman   —  Uber Technologies Inc. hopes to name a new leader by early September to replace its ousted chief executive officer and steer the ride-hailing business out of a turbulent period.
Jul 26, 2017, 1:25 PMIn context
Eric Newcomer / Bloomberg:
Sources: Lyft's Q2 gross bookings grew ~25% YoY from $800M to $1B+, a faster rate than Uber during the same period   —  The company's gross bookings rose 25% quarter over quarter  —  Lyft has seized on competitor Uber's many public stumbles  —  Lyft Inc.'s business has been booming …
Jul 25, 2017, 1:40 PMIn context
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

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