... d fall of Uber founder and CEO Travis Kalanick, whose brash egotism, arrogance, and utter lack of integrity created a PR crisis, as his actions led to a toxic culture and famously unhappy drivers whil ...More
EJ Insight2017-07-31
... up, after Uber's US$68 billion valuation and DiDi's US$50 billion valuation. Lei is Kingsoft’s chairman and largest shareholder. He also founded Joyo.com, an online bookstore, which was sold to Amazon ...More
EJ Insight2017-07-10
... s such as Uber and Airbnb. I have been skeptical about their legitimacy. Hong Kong court recently convicted Uber drivers of driving without a permit and third-party insurance, while the government has ...More
EJ Insight2017-07-05
Entrepreneurs in the information technology era usually have strong personalities, which can both help and hurt their careers. Uber co-founder and chief executive Travis Kalanick resigned on Tuesday. ...More
EJ Insight2017-06-23
Uber Technologies Inc. chief executive Travis Kalanick, co-founder one of the most influential technology companies of its generation, has resigned under mounting pressure from investors over his lead ...More
EJ Insight2017-06-21
Uber said on Tuesday it will for the first time allow drivers to collect tips through its smartphone app, an about-face from previous company policy, as part of the ride-services firm's broader effort ...More
EJ Insight2017-06-21
Uber said it welcomes future discussions with the incoming administration, saying the majority of Hong Kong people support an alternative transport service to taxis. This follows a survey by the Chine ...More
EJ Insight2017-06-20
A woman sued Uber Technologies Inc. on Thursday claiming top executives at the ride-hailing company improperly obtained her medical records after she was raped by a driver in India, Reuters reports, c ...More
EJ Insight2017-06-16
... g service Uber. That has set a very bad impression of Hong Kong as an international haven for start-ups. In fact, the Hong Kong government has taken a tough stance against Uber. Last month, 22 of its ...More
EJ Insight2017-06-15
Uber Technologies CEO Travis Kalanick is likely to take a leave of absence from the company as its board tries to fix problems related to the firm's corporate culture and practices, Reuters reports. W ...More
EJ Insight2017-06-13
... ers. Take Uber for example. With all transactions tied to credit cards, and real-time GPS position sharing, it is hard to argue how Uber hinders the safety of passengers or drivers relative to taxis. ...More
EJ Insight2017-06-12
Uber Technologies Inc. has fired more than 20 workers after conducting an investigation in alleged sexual harassment and sexism in the male-dominated workplace, the Wall Street Journal reports, citing ...More
EJ Insight2017-06-07
... Tesla and Uber either merging or being acquired as both are losing money. In my view, a Tesla-Uber merger is unlikely to occur. Both Tesla’s Elon Musk and Uber’s Travis Kalanick have strong personalit ...More
EJ Insight2017-06-01
It's quite ridiculous that Hong Kong, which takes pride in calling itself Asia's World City, has shown no tolerance for Uber, a ride-hailing service that employs the wonders of technology for the conv ...More
EJ Insight2017-05-24
Uber Technologies on Tuesday admitted to underpaying its New York City drivers for the past two-and-a-half years by taking a larger share of the fares than it was entitled to. The ride-hailing giant s ...More
EJ Insight2017-05-24
... sla & Uber As the most valuable US car maker, Tesla is worth about US$50 billion now. Given the undeniably high valuation, it will be a demanding task to boost the market value ten-fold in next te ...More
EJ Insight2017-05-23
Police arrested 21 drivers working for Uber in sting operations against the car-hailing firm. They were being detained on suspicion of doing business without a hire-car permit and third-party insuranc ...More
EJ Insight2017-05-23
... o acquire Uber's China business. The new valuation of more than US$50 billion would make Didi China's second-most valuable privately owned firm. Ant Financial, an affiliate of Alibaba Group, is curren ...More
EJ Insight2017-04-28
Uber Technologies Inc. is aiming for the skies with its flying taxis, Reuters reports. After upending the taxi market with its ride-hailing service, the company expects to deploy its flying taxis in D ...More
EJ Insight2017-04-26
... Inc. and Uber Technologies Inc. are among the many global companies aiming to put self-driving vehicles on the road in the near future. They are joined by Silicon Valley startups eager to beat these ...More
EJ Insight2017-04-25