Uber’s Executive Shakeup Is Just What This Flagging Company Needed

Uber app

By CCN.com: Uber has suffered a defection from the C-Suite, and the timing couldn’t be better. It’s no secret that the ride-sharing company that has been struggling with its own identity has had a rocky road since its IPO. The stock only recently recaptured the IPO price (thanks to bullish Wall Street analysts propping up … Read more

Amazon Flaunts War Chest, Pays Employees to Quit while Uber Flounders

Amazon, Uber

By CCN.com: Amazon is willing to pay its employees as much as $10,000 along with three months’ worth of compensation if they quit their jobs to launch delivery startups, according to The Wall Street Journal. Meanwhile, Uber, whose CEO recently compared the rideshare company to the e-commerce giant, is busy making excuses while its new … Read more

Elon Musk is Wrong! Uber CEO Bites Back at Tesla CEO’s Robotaxi Boast

elon musk tesla uber dara khosrowshahi

By CCN.com: Robotaxis will one day litter our streets and highways, but not as soon as Tesla CEO Elon Musk boasts. Uber CEO Dara Khosrowshahi levied this critique ahead of the $70 billion rideshare giant’s disappointing IPO, which saw its stock plunge nearly 8% despite debuting at a surprisingly conservative $45. Dara Khosrowshahi Disputes Elon … Read more

3 Reasons Why Uber Strikes Out in Ridiculous Ploy to Be Amazon 2.0

Uber, Dara Khosrowshahi, Jeff bezos

By CCN.com: Uber is priming investors for its much-vaunted IPO, but there’s a severe problem. Namely, this problem is that Lyft IPO was a complete disaster and Uber is tarred with the same ride-share brush. To avoid the stigma, the Uber team is seeking an alternative comparison, with the wildly successful Amazon. In honor of … Read more

Uber IPO Could Make CEO Dara Khosrowshahi Into the $100 Million Man

By CCN.com: Uber CEO Dara Khosrowshahi could laugh all the way to the bank if the ride-sharing pioneer’s valuation hits $120 billion, or if he manages to find a buyer for that amount. Uber’s IPO Could Make Khosrowshahi Very, Very Rich According to Uber’s IPO filing, Khosrowshahi will be granted 1.75 million stock options as … Read more