Tag: Uber&#039s

10 MAY

Uber's 'Skyport' plans are straight out of science fiction

Uber’s flying taxi service – that glorious sci-fi dream – still plans to launch its first takeoffs by 2023. One major caveat, however, is that unlike regular taxis which can freely zip about the streets, UberAIR taxis need access to the sky and a place to land. That’s where “Skyports” come in: special areas localized […]

27 MAR

Arizona governor strips Uber's permission to test self-driving cars

TEMPE, Ariz. — The governor of Arizona on Monday suspended Uber’s ability to test self-driving cars on public roads in the state following a fatal crash last week that killed a 49-year-old woman pedestrian. In a letter sent to Uber Chief Executive Dara Khosrowshahi and shared with Reuters, Governor Doug Ducey said he found a […]

07 JAN

Kalanick to make $1.4 billion from Uber's deal with SoftBank

Uber Technologies Inc co-founder Travis Kalanick, who was ousted as chief executive in June, is selling nearly a third of his 10 percent stake in the ride-services company for about $ 1.4 billion, a person familiar with the matter said on Thursday. Kalanick’s sale is part of a deal struck by a consortium led by […]

30 SEP

Uber's Kalanick reignites power struggle, names two to board

SAN FRANCISCO – Uber Technologies Inc co-founder Travis Kalanick on Friday said he had appointed two new directors, a surprise move that publicly reignited a board battle over the role of the ousted former chief executive. Uber investors are divided over whether Kalanick, who was pressured to step down as CEO earlier this year in […]

23 APR

Uber's CEO Became a Big Boy When Tim Cook Gave Him a Stern Talking To

Photo: Getty Controversial Uber CEO Travis Kalanick received a career retrospective profile in the New York Times today that covers his awkward early years and his propensity to invite conflict. Among the new information that it reveals, there’s an enlightening story about the time Tim Cook had to summon Kalanick after discovering that Uber was […]

25 FEB

Investors and employees aren't buying Uber's sexism 'probe'

Nobody was terribly surprised by revelations from former engineer Susan Fowler about a sexist, bro-centric Uber culture that protects “high performer” employees. And many folks aren’t impressed by CEO Travis Kalanick’s investigation into the matter by company lawyer Eric Holder and board member Arianna Huffington. During a secretly recorded meeting with Kalanick and more than […]