Articles tagged “uber”

Uber Admits to Small Payoffs to Indonesia Police as It Reviews Asia Operations

Uber Admits to Small Payoffs to Indonesia Police as It Reviews Asia Operations

Eric Newcomer, Bloomberg

Besieged by lawsuits, Uber's leadership is ostensibly trying to figure out what went wrong in the last few years. One has to wonder, however, whether alleged illegal activity is ongoing?

3 days ago

Uber Set to Name Expedia Alum Burke Norton to Head Legal Team

Uber Set to Name Expedia Alum Burke Norton to Head Legal Team

Dennis Schaal, Skift

The new Uber CEO is already putting his imprint on the company, drafting a former Expedia general counsel Burke Norton in an extremely critical role. There are lots of more positions to fill, and Khosrowshahi has a large rolodex — a figurative one — to draw from.

7 days ago

Google Could Take Revenge on Uber With $1 Billion Lyft Investment

Google Could Take Revenge on Uber With $1 Billion Lyft Investment

Mark Bergen and Eric Newcomer, Bloomberg

While Alphabet's Waymo self-driving car unit is tied up with litigation against Uber, Alphabet/Google can inject some much-needed cash into Lyft. Side note: Uber's new CEO, the former Expedia boss, would have another reason to be miffed at Google.

1 week ago

Skift Podcast: What to Expect From the New Expedia

Skift Podcast: What to Expect From the New Expedia

Hannah Sampson, Skift

Our team of experts at Skift can talk Expedia news with the best — in fact, they are the best. Tune in for insight on Expedia's history and future under new leadership.

1 week ago

Uber Legal Chief Is Stepping Down as New CEO Sets Agenda

Uber Legal Chief Is Stepping Down as New CEO Sets Agenda

Eric Newcomer, Bloomberg

Before it can focus on becoming profitable, Uber needs to solve its legal problems. Clearly, its current approach hasn't been working and new leadership is necessary.

1 week ago

Battle for Singapore Is Uber’s First Test Under New Leadership

Battle for Singapore Is Uber’s First Test Under New Leadership

Andy Mukherjee, Bloomberg

If Uber doesn't take action and get creative, it could face the same fate in Singapore and other Asia-Pacific markets as it did in China.

3 weeks ago

Expedia IPO and Spin-Off History Sets Up Uber for a Deal-Making Era

Expedia IPO and Spin-Off History Sets Up Uber for a Deal-Making Era

Andrew Sheivachman, Skift

Khosrowshahi's financial acumen will be crucial to Uber's turnaround, especially after just giving Uber an 18- to 26-month window to go public. The first step is to find a way to become profitable.

3 weeks ago

Lyft Has Been Taking Advantage of Uber’s Troubles to Gain Ground

Lyft Has Been Taking Advantage of Uber’s Troubles to Gain Ground

Michael Liedtke and Tom Krisher, Associated Press

Lyft would be silly not to take advantage of Uber's self-inflicted errors in order to gain ground.

3 weeks ago

Skift Call on Expedia’s New Leadership and 25 Other Digital Trends This Week

Skift Call on Expedia’s New Leadership and 25 Other Digital Trends This Week

Sarah Enelow, Skift

This week's digital news was off the charts: Expedia's CEO left for Uber and was replaced by Mark Okerstrom. On Thursday September 7, our expert journalists and researchers will break it down for you in a conference call. When you're done reading about the Expedia-Uber shakeup, we also analyzed Ctrip's earnings and Kayak's layoffs.

3 weeks ago

Lyft Takes Advantage as Uber Ponders Big Changes

Lyft Takes Advantage as Uber Ponders Big Changes

Michael Liedtke and Tom Krisher, Associated Press

Uber has slowly been losing ground in the U.S. but remains the dominant ridesharing company. For that to change, Lyft is going to have to become more aggressive than it's been in the past, and expanding into 32 new states is a key part of that strategy.

3 weeks ago

Uber Will Fail if New CEO Doesn’t Stop It From Burning Cash

Uber Will Fail if New CEO Doesn’t Stop It From Burning Cash

Leonid Bershidsky, Bloomberg

Uber is without a doubt wildly unprofitable. But we disagree with this opinion writer: New CEO Dara Khosrowshahi has the chops for a turnaround.

3 weeks ago

Expedia Names New CFO as Orderly Transition Unfolds After CEO’s Abrupt Departure

Expedia Names New CFO as Orderly Transition Unfolds After CEO’s Abrupt Departure

Andrew Sheivachman, Skift

For all the chaos earlier this week, it seems like Barry Diller and the Expedia Inc. board of directors have ensured an orderly transition into a new era for the online travel giant.

3 weeks ago