Is Uber Using the Coronavirus to Ditch the Idling Ride-Hailing Business?
The coronavirus pandemic reshaped Uber’s business. Some changes are irreversible and could soon make the ride-hailing firm unrecognizable.
Dara Khosrowshahi
Coronavirus Has Exposed New Uber CEO for Who He Really Is: Travis Kalanick 2.0
Three years after Travis Kalanick left Uber and dumped his stake in the company, it is hard to tell he’s no longer in charge.
The Ugly Truth About Uber’s Blood-Sucking Coronavirus Bailout Plea
Uber is begging Congress to bail out rideshare drivers. But given Uber’s history, this lobbying effort is anything but noble.
Uber Risks Becoming Another WeWork Disaster Unless It Abandons Reckless Strategy
The growth-at-all-costs strategy adopted by ride-hailing firm Uber has been a disaster. Unless it is abandoned, it will be another WeWork.
Uber’s Ousted Founder is Dumping Shares While the CEO Loads Up
Uber’s current CEO Dara Khosrowshahi is on the buy-back train while its founder Travis Kalanick continues to sell his stake, making nearly $1 billion in the process.
Uber’s Executive Shakeup Is Just What This Flagging Company Needed
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
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
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
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