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Tag Uber

Uber has abandoned plans to move into massive California headquarters because it needs to cut losses

Uber has abandoned plans to move into a massive building in Oakland, California and is instead “exploring several options” for the site, including a sale. But Business Insider understands the change of plan is because Uber needs to cut its losses… Continue Reading →

Uber’s business continued to improve last quarter as bookings rose 17% to $8.7 billion

Uber its losses 14 percent in the second quarter from a year ago, as the ride-hailing giant grew bookings, trips and revenue. The company posted a net loss of $645 million on revenue of $1.75 billion. Revenue this time last… Continue Reading →

Jeff Immelt has emerged as the front-runner to become Uber’s CEO

Former General Electric chairman Jeff Immelt has become the front-runner candidate to become CEO of Uber, according to numerous sources with knowledge of the situation. Read more: http://bit.ly/2vVYuoe

Scoop: Benchmark Capital sues Travis Kalanick for fraud

What to know: Benchmark was an early investor in Uber, and has a seat on its board of directors. It also helped spearhead the move to have Kalanick resign in June, and tensions between the two have contributed, in part,… Continue Reading →

Meg Whitman says she’s not going to Uber

Hewlett Packard Enterprise CEO Meg Whitman wants everyone to know that’s not going to Uber. Bloomberg and Recode had reported that she was on the short list for the CEO spot, but she took to Twitter to make it clear that it’s… Continue Reading →

楊偉雄稱Uber非不可行強調要合法

創新及科技局局長楊偉雄接受商台專訪時表示,從沒有說過共乘車服務Uber不可行,只是強調合法的重要性,又指當局有信心刺激香港再工業化。 Read more: http://bit.ly/2th5IAg

汽車工業的奇葩往事

19世紀,英國人是工業革命的先驅。以蒸汽機為標誌,英國人在機器發明的各個領域,都領先於歐洲各國。對前殖民地美國,他們技術封鎖,有膽敢泄露技術者,罰款200英鎊,蹲監1年。當時英國工業整體之先進,遠超今天已開 Read more: http://bit.ly/2sCQpG1

Uber Posts $708 Million Loss as Finance Head Leaves

Uber Technologies Inc. said its head of finance is leaving as the ride-hailing company reported continued big losses despite increasing revenue, adding to an exodus of top officials and setting the stage for a second major executive search. Read more:… Continue Reading →

Exclusive: Uber faces criminal probe over software used to evade authorities

SAN FRANCISCO The U.S. Department of Justice has begun a criminal investigation into Uber Technologies Inc’s use of a software tool that helped its drivers evade local transportation regulators, two sources familiar with the situation said. Read more: http://reut.rs/2pUtmCp

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