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Dara Khosrowshahi

Uber investors agree to sell stake in SoftBank deal

Uber Technologies Inc. shareholders have agreed to sell a sizable stake in the ride-hailing leader to an investor group led by SoftBank Group Corp allowing the Japanese conglomerate to amass a piece of the company at a steep discount to the last valuation.

Uber fights for its London survival in court

Uber will defend its right to operate in London in a court hearing on Monday after the app was deemed unfit to run a taxi service and stripped of its license in its most important European markets.

SoftBank offers to buy Uber shares at a $48 billion valuation

Japan’s SoftBank Group Corp is offering to purchase shares of Uber Technologies Inc at a valuation of $48 billion, a 30 percent discount to its most recent valuation of $68.5 billion, a person familiar with the matter said on Monday.

Uber told potential investor about huge data breach before telling public

Uber said on Thursday that it discussed a massive data breach with potential investor SoftBank Group ahead of going public with details of the incident on Tuesday.

Uber paid hackers to cover up massive data breach

Uber Technologies Inc paid hackers $100,000 to keep secret a massive breach last year that exposed the personal information of about 57 million accounts of the ride-service provider, the company said on Tuesday.

Uber loses another senior European executive

Uber’s European policy chief Christopher Burghardt is quitting to join the electric vehicle charging network company Chargepoint, the companies said on Tuesday, becoming latest senior figure to leave the taxi app.

Uber launches appeal against loss of London licence

Uber launched its appeal on Friday morning against Transport for London’s decision not to renew its private hire licence.

Uber’s UK chief Jo Bertram quits

Uber’s top boss in Britain will quit the taxi hailing app just as the firm battles to overturn a decision to strip it of its license in London, according to an email seen by Reuters.

Former Uber chief names two directors, surprises board

Former Uber CEO Travis Kalanick on Friday unilaterally appointed two new members to the board of directors in a surprise move that increased tension within the leadership of the popular ride service.

Uber apologises over London mistakes, vows to appeal

The head of Uber apologised Monday for “mistakes” made by the US ride-sharing app after London authorities refused to renew its licence, but still vowed to appeal the decision.

Uber chief Khosrowshahi sees IPO in 18 to 36 months

Uber Technologies Inc’s new Chief Executive Dara Khosrowshahi told employees on Wednesday the ride-services company would change its culture and may go public in 18 to 36 months.

Uber picks savvy dealmaker, not ‘tech bro’ as new CEO

Dara Khosrowshahi may have been the compromise choice for Uber Technologies Inc’s new chief executive.

Uber picks Expedia’s Khosrowshahi as new CEO

Uber has chosen Expedia boss Dara Khosrowshahi to be its chief executive, ending months of speculation in the firm’s search for a new leader.


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