Uber founder dumping his shares, now sold $2.1bn worth in six weeks
Uber co-founder Travis Kalanick unloaded $350m more of stock this month, bringing his proceeds to more than $2.1bn since a share lockup ended Nov. 6.
Uber co-founder Travis Kalanick unloaded $350m more of stock this month, bringing his proceeds to more than $2.1bn since a share lockup ended Nov. 6.
One year after Uber founder and super-bro Travis Kalanick was ousted in favour of former Expedia head Dara Khosrowshahi, the company seems to have turned a corner. On Wednesday Uber announced year-on-year revenue growth of 63% and a narrower loss – “just” $891 million, down from $1.1 billion a year ago.
The two companies are going to war over self-driving taxis
In this superb interview, fast talking Airbnb co-founder and CEO Brian Chesky explains how it all began and what he feels about the growing challenges from The Establishment.
The first smart partnership we cemented at Biznews.com was with data provider Profile Media. Its co-owner Ernie Alexander is an old friend, peerless in his field.
Uber Technologies Inc. Chief Executive Officer Travis Kalanick was indicted in South Korea as China’s largest city pledged to crack down on its service in the latest instances of government scrutiny of the company.
Uber Technologies Inc. is close to raising a round of financing that would value the mobile car-booking company at $35 billion to $40 billion.