Cars

Uber CEO Resigns Following Leadership Crisis He Created

Uber CEO Resigns Following Leadership Crisis He Created

Eric Newcomer, Bloomberg

The thinking behind Uber has had a transformative effect on transportation in major cities around the world. But the disruption it created relied on tactics and a mentality that was the polar opposite of the progressive, groundbreaking business it wished to be seen as. The question isn't can it maintain its valuation without Travis, but how long it would have survived at these heights under any circumstance.

1 day ago

Uber App to Include Tipping Option as Part of Image Makeover

Uber App to Include Tipping Option as Part of Image Makeover

Michael Liedtke and Tom Krisher, Associated Press

Uber giveth and Uber taketh. The embattled company is taking small steps in the U.S. to improve things for drivers while getting more punitive in stiffening cancellation fees for riders. This company struggles at the seemingly easy things.

2 days ago

Uber CEO Plans to Take Leave as Management Board Asserts Control

Uber CEO Plans to Take Leave as Management Board Asserts Control

Eric Newcomer, Bloomberg

As Uber shambles on following the departure of numerous top executives, one has to wonder who exactly will be tabbed to fill the company's leadership vacuum. Will the company be able to continue its rapid growth without Kalanick's aggressive presence at the helm?

1 week ago

Will Uber Reboot? CEO Will Likely Be Forced to Take Temporary Leave

Will Uber Reboot? CEO Will Likely Be Forced to Take Temporary Leave

Heather Somerville and Joseph Menn, Reuters

It's a gargantuan task to turn around a company's culture especially when the CEO -- who might be forced into a temporary leave of absence -- still controls the company and would be poised to return.

1 week ago

Uber Board to Discuss CEO Leave of Absence and Report on Sexual Harassment

Uber Board to Discuss CEO Leave of Absence and Report on Sexual Harassment

Dennis Schaal, Skift

It's clear that Travis Kalanick, the embattled Uber co-founder and CEO, needs to go. Whether the board can push him out, given Kalanick's stake and leverage in the company, is another question.

2 weeks ago

Driverless Taxis With No Human Backups are Poised for Road Tests

Driverless Taxis With No Human Backups are Poised for Road Tests

Tom Krisher and Dee-Ann Durbin, Associated Press

Driverless vehicles, including taxis, shuttles and sharing-economy cars, are coming. How widespread the adoption will be is anyone's guess. The whole concept of a road trip may soon get redefined.

2 weeks ago

Uber Fires 20 Employees in First Step of Ongoing Sexual Harassment Probe

Uber Fires 20 Employees in First Step of Ongoing Sexual Harassment Probe

Eric Newcomer, Bloomberg

The hammer just came down at Uber but what steps are being taken to rebuild the company culture in a sustainable way based on respect and dignity? And what about Uber's drivers? When will they be viewed within the company as more than worker bees?

2 weeks ago

Toyota is Getting its Flying Car off the Ground — For a few Seconds

Toyota is Getting its Flying Car off the Ground — For a few Seconds

Yuri Kageyama, Associated Press

We're unimpressed with flying cars to date. Ping us when they make them driverless.

3 weeks ago

Uber Narrowed Its Losses in Q1 as Finance Chief Exits

Uber Narrowed Its Losses in Q1 as Finance Chief Exits

Eric Newcomer, Bloomberg

Hundreds of thousands of consumers, mostly in the U.S., have deleted its app, but Uber is a global company and its financial picture is improving. Still, Uber has a long way to go to prove to Wall Street that it will one day be a robust and profitable business.

3 weeks ago

Sharing Economy Tensions Lead to Torched Cars in Spain

Sharing Economy Tensions Lead to Torched Cars in Spain

Thomas Gualtieri, Rodrigo Orihuela and Maria Tadeo, Bloomberg

These kinds of clashes will be almost inevitable until workers being displaced by new technologies get adequate retraining and employment opportunities to make a transition.

3 weeks ago

Google Expands Waze Carpooling Across California

Google Expands Waze Carpooling Across California

Michael Liedtke, Associated Press

Waze carpooling isn't going to upend Google's business model but it can provide Google with valuable data for targeted advertising, and future ride-sharing and driverless car services.

3 weeks ago

CarTrawler Finds Itself for Sale Again

CarTrawler Finds Itself for Sale Again

Patrick Whyte, Skift

Business-to-business travel companies might not be as attractive as their business-to-consumer siblings but they can still command a hefty price tag. CarTrawler is one of Ireland's best-known travel tech companies, and a new owner would likely look to push the company into new areas.

4 weeks ago