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Uber picks savvy dealmaker, not ‘tech bro’ as new CEO
Dara Khosrowshahi may have been the compromise choice for Uber Technologies Inc’s new chief executive. But for a bitterly divided board of directors at a dysfunctional yet highly innovative company,...
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Uber faces U.S. probe over possible bribery law violations
(Reuters) — Uber said on Tuesday it was cooperating with a preliminary investigation led by the U.S. Department of Justice into possible violations of bribery laws. The preliminary investigation is the...
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How tech companies are helping with Hurricane Harvey relief
Five days ago, Hurricane Harvey slammed into the Texas coast and lingered for days to become a storm without precedent in U.S. history, delivering a record 52 inches of rain in some places, with 8,500...
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Uber CEO Dara Khosrowshahi sees IPO in 18 to 36 months
Uber Technologies Inc’s new Chief Executive Dara Khosrowshahi told employees on Wednesday the ride-services company would change its culture and may go public in 18 to 36 months. Khosrowshahi, who led...
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HPE’s Meg Whitman on Uber CEO gig: ‘It wasn’t the right thing’
During an HPE earnings call, CEO Meg Whitman offered her first extensive remarks on that whole Uber CEO job search thing, promising investors that “I actually am not going anywhere.” Whitman made the...
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In DACA responses, some tech giants find a louder voice to protest Trump
ANALYSIS: In its earliest days, Silicon Valley was happy to eschew national politics. The availability of venture financing and the focus on emerging technologies that, for a while at least, were...
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Fear of the self-driving car: Is it warranted?
Would you be willing to climb into an autonomous car? You slip into the backseat, but there’s no driver to be found. The car speeds off into traffic, and you go into a panic. That’s a question experts...
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U.S. House unanimously approves sweeping self-driving car measure
(Reuters) — The U.S. House on Wednesday unanimously approved a sweeping proposal to speed the deployment of self-driving cars without human controls by putting federal regulators in the driver’s seat...
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Uber pledges to make all UberX cars in London electric or hybrid by 2019
Uber has announced a new “clean air plan” that will make all of its London UberX vehicles electric or hybrid by 2019 and all of them fully electric by 2025. It also plans to ensure that cars available...
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Uber used Greyball software to evade 16 Portland city officials
(Reuters) — A sweeping investigation by the city of Portland, Oregon, found that Uber Technologies used a software tool to intentionally evade 16 government officials whose job it was to regulate the...
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U.S. push for self-driving car law exposes regulatory divide
(Reuters) — As the U.S. Congress moves quickly to pass the first federal law governing self-driving cars, some state and city officials are pushing back over fears that the measure will limit their...
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Uber is losing its license in London because it’s not a ‘fit and proper’...
Uber has been dealt a huge blow with today’s announcement that it’s been refused a renewal license to operate in London. Transport for London (TfL), which regulates private car services like Uber in...
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Uber CEO Dara Khosrowshahi apologizes to London as company bungles its...
If nothing else, the revoking of Uber’s license by the city of London and the company’s poorly handled response may reveal just how deep run the company’s cultural issues that its new CEO must fix. The...
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Uber rival Lyft met with London transport officials ahead of possible...
(Reuters) — Lyft, Uber’s closest U.S. rival in the taxi-hailing business, met repeatedly with officials from London’s transport regulator over the past year, a sign it may be targeting the city for...
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UberEats to accept cash payments in select countries, starting with India
The much-anticipated “cashless society” is taking longer to arrive than some previously predicted, but it’s clearer than ever that paper and coin transactions are on their way out. The trajectory of...
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Uber argues its drivers are self-employed at U.K. tribunal on worker rights
(Reuters) — Uber went to a British employment appeal tribunal on Wednesday to argue its drivers are self-employed, not workers entitled to a range of extra benefits, less than a week after the firm was...
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Going public in 2017: Beyond IPOs and legacy stock exchanges
Going public is a key milestone for a private company and a time-honored way to raise capital. But from the underwriting process to the legalese-filled SEC filings, the road to an initial public...
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Uber’s new CEO to meet London transport boss in bid to retain license
(Reuters) — The new chief executive of Uber will meet the head of London’s transport system next week to try to retain the license for its ride hailing service in the British capital. Transport for...
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Travis Kalanick appoints two to Uber board, company surprised by the move
(Reuters) — Uber Technologies Inc co-founder Travis Kalanick said he had appointed two new directors, a surprise move that publicly reignited a board battle over the role of the ousted former chief...
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The Uber dumpster fire burns brighter as Travis Kalanick and board prepare...
ANALYSIS: For the dozens and dozens of investors who have pumped $8.8 billion into making Uber the most highly valued startup on the planet, the events of this weekend must have caused some severe...
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