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How technology fosters responsible conduct

... irbnb and Uber have similar rating systems to encourage good behavior. If a guest will not be held accountable for making a mess, no host would dare take the risk. Also, some opt for Uber even if the ...More

EJ Insight2017-09-06

Cashierless stores: A new gold rush in data

... dering an Uber at rush hour. The futuristic retail concept requires the capability of big data accumulation and continuous data update, in which Amazon is an expert, providing a huge opportunity for c ...More

EJ Insight2017-09-06

New Uber CEO promises change, sees IPO in 18-36 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, Reuters reports. Kho ...More

EJ Insight2017-08-31

US probes Uber for possible bribery law violations

Uber Technologies Inc. is cooperating with a preliminary investigation led by the U.S. Department of Justice into possible violations of bribery laws, Reuters reports. The preliminary investigation is ...More

EJ Insight2017-08-30

Jeff Immelt says not pursuing Uber CEO job

Uber Technologies Inc.’s field of candidates for a new chief executive narrowed further on Sunday when Jeff Immelt, chairman of General Electric Co, said he was no longer in the running for the top le ...More

EJ Insight2017-08-28

Macau Uber drivers offer free rides after Typhoon Hato

As Typhoon Hato has caused widespread problems for Macau citizens, with power and water supplies cut off in many areas and public transportation networks disrupted, ride-hailing services firm Uber is ...More

EJ Insight2017-08-25

Huochebang: How a truck app gained traction in China

Huochebang, an Uber-type service for trucks, now works with over 3.7 million trucks in China, using a cloud-based logistics platform. The company has been in the spotlight as it is believed that its s ...More

EJ Insight2017-08-25

Uber quarterly loss down as bookings increase

Uber Technologies Inc. reported a 16 percent increase in quarterly bookings and a smaller loss than the previous period as the ride services company showed signs of inching toward profitability. The S ...More

EJ Insight2017-08-24

London's all-night subway service a big success

... apps like Uber has also weakened the bargaining power of taxi unions. Meanwhile, the changing lifestyle of city dwellers implies a bigger need for a 24-hour train service. Former London mayor Boris Jo ...More

EJ Insight2017-08-23

Uber hikes HK rates by up to 80% amid legal troubles

Uber Technologies Inc. on Monday raised its Hong Kong fees by up to 80 percent after a review of its business in the city, Reuters reports, citing the ride-sharing company. The San Francisco-based fir ...More

EJ Insight2017-08-21

Uber investor sues to force former CEO Kalanick off board

Venture capital firm Benchmark Capital is suing former Uber chief executive Travis Kalanick to force him off the board of the ride services company and rescind his ability to fill three board seats, R ...More

EJ Insight2017-08-11

Tesla developing self-driving tech for semi-truck

... ursued by Uber Technologies Inc. and Alphabet Inc.'s Waymo. After announcing intentions a year ago to produce a heavy-duty electric truck, Tesla chief executive Elon Musk tweeted in April that the sem ...More

EJ Insight2017-08-10

Uber plans to wind down US car-leasing business: WSJ

Uber Technologies Inc. is winding down its US auto leasing business, which is losing 18 times more money per vehicle than previously thought, the Wall Street Journal reports, citing people familiar wi ...More

EJ Insight2017-08-09

SoftBank eyes stake in Uber or Lyft

SoftBank Group Corp. chief executive Masayoshi Son expressed eagerness to invest in Uber Technologies Inc. or Lyft Inc. to gain access to the US ride-hailing market after similar investments in Asia, ...More

EJ Insight2017-08-08

Parallels between Wing Chun and businesses

... 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

Character lessons from Xiaomi's Lei Jun

... 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

Meet tech giants’ mortal enemies: law and order

... 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

Will Travis Kalanick stage a comeback?

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 CEO Travis Kalanick resigns under investor pressure

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 to allow drivers to accept tips

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

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