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
... 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 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 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
... 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
