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What's Ahead For Expedia As CEO Exits For Uber CEO Post
Monday, August 28, 2017 - 11:01am | 415Read More...Dara Khosrowshahi, Expedia Inc (NASDAQ: EXPE)'s veteran CEO, reportedly accepted the vacant CEO position at Uber and will be leaving the online travel agency. Shares of Expedia fell more than 4 percent following the reports, which implies Expedia's investors view Khosrowshahi's...
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Uber's New CEO Pick Is Out Of Left Field
Monday, August 28, 2017 - 8:23am | 536Read More...Jeffrey Immelt, the ex-CEO of General Electric Company (NYSE: GE), was widely expected to accept the vacant CEO spot at Uber. But in a surprise move, the ride-hailing company named Dara Khosrowshahi its new leader. Khosrowshahi, the current CEO of Expedia Inc (NASDAQ: EXPE), was considered to be a...
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Some Of Uber's Shareholders Aren't Confident Immelt Could Handle Kalanick's Wild Side
Friday, August 25, 2017 - 9:12am | 362Read More...Jeffrey Immelt, the former CEO of General Electric Company (NYSE: GE), reportedly isn't ready to retire from the business world and wants to take over the vacant CEO spot at Uber. Despite his experience in running a Dow-component global behemoth, he may not have the full support of Uber's investors...
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Cramer Doesn't Understand Why Ex-GE CEO Immelt Would Want To Run Uber
Monday, August 21, 2017 - 12:23pm | 352Read More...Ex-General Electric Company (NYSE: GE) CEO, Jeffrey Immelt, is reportedly eyeing the vacant CEO title at the ride-hailing company Uber. But why he would want this job is confusing to some, including CNBC's Jim Cramer. The fact Immelt is considering the CEO job at Uber is an indication that he wasn'...
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Ex-GE CEO Immelt Could Be Heading To Silicon Valley To Run Uber, Report Says
Monday, August 21, 2017 - 8:32am | 395Read More...Jeff Immelt didn't have to wait long for a job offer after resigning as CEO of General Electric Company (NYSE: GE) back in June, Recode reported. The executive is now considered to be the front-runner candidate to take over the vacant position of CEO of Uber. Immelt brings to the table the...
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Uber Settles With FTC Over Second Consumer Deception Case This Year
Wednesday, August 16, 2017 - 4:12pm | 405Read More...Uber Technologies, Inc. agreed to tougher ways to protect the privacy of its customers, settling a Federal Trade Commission complaint that the ride-sharing company failed to properly monitor its employees’ access to consumer's personal information. It was the second case of consumer...
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Twilio Reducing Its Reliance On Uber, And That's A Good Thing
Wednesday, August 16, 2017 - 12:39pm | 365Read More...Twilio Inc (NYSE: TWLO) cautioned investors in May that one of its biggest clients, Uber, is scaling back its relationship. The company's announcement sent the stock tumbling as Uber alone contributed 12 percent of its total revenue in the first quarter. However, Twilio's second-quarter earnings...
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Travis Kalanick Sued For Fraud By Benchmark Capital, An Early Uber Investor
Thursday, August 10, 2017 - 4:01pm | 419Read More...Benchmark Capital filed a lawsuit against former Uber CEO Travis Kalanick Thursday for fraud, breach of contract and breach of fiduciary duty, an attempt by the venture capital firm to boot Kalanick from his seat on the board. The complaint, filed in Delaware Chancery Court and first reported by...
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Twilio Bears Lick Their Wounds After Q2 Beat And Raise
Tuesday, August 8, 2017 - 9:48am | 389Read More...Twilio Inc (NYSE: TWLO) easily beat second-quarter expectations with a 55.4 percent surge in revenues, sending the stock up more than 12 percent in pre-market trading. Twilio, a cloud communications platform that lets software developers make and receive phone calls, shook off the loss of some...
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SoftBank Is Interested In Investing In Uber Or Lyft
Monday, August 7, 2017 - 12:42pm | 138Read More...SoftBank Group Corp's (OTC: SFTBF) CEO, Masayoshi Son confirmed on Monday rumors that his company is interested in discussing a potential investment in Uber or Lyft. Son said the U.S. market is a very big market and the most important market and SoftBank is very interested in entering that...
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Morgan Stanley Has A Craving For GrubHub Shares, Upgrades To Overweight
Monday, August 7, 2017 - 11:01am | 403Read More...Morgan Stanley is building an appetite for GrubHub Inc (NYSE: GRUB) shares after three proposed acquisitions of Eat24, Foodler and OrderUp. These purchases could extend the company’s scale and size edge to four times its nearest competitor, according to Morgan Stanley analyst Brian Nowak. The...
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Rant Against Diversity By Google Software Engineer Goes Viral, Leads To Dismissal
Monday, August 7, 2017 - 10:22am | 736Read More...A 10-page rant against Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s moves toward diversity has gone viral at a time when Silicon Valley is under fire for its treatment of women and minorities. The memo by an unnamed male software engineer at the company, which prompted a pointed rebuke from...
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Travis Kalanick Is 'Steve Jobs-ing It' And Seeking A Return To Power
Monday, July 31, 2017 - 3:31pm | 460Read More...Travis Kalanick was ousted from Uber Technologies Inc., the ride-hailing company he co-founded in 2009. Sounds familiar? It should as the late Steve Jobs co-founded Apple Inc. (NASDAQ: AAPL) in 1976 only to resign in 1985. But Jobs came back to lead Apple in 1997 as an "interim" CEO...
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Meg Whitman Shoots Down Uber Rumors For Good
Friday, July 28, 2017 - 8:38am | 348Read More...Hewlett Packard Enterprise Co (NYSE: HPE)'s CEO Meg Whitman is not leaving her job to fill the vacant CEO post at Uber Technologies, Inc. The executive's name has been floating around this week as a possible successor to Uber's co-founder and recently ousted CEO Travis Kalanick. A spokesperson...
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Uber's Next CEO: Meg Whitman, Anne Finucane The Latest Names Being Floated Around
Wednesday, July 26, 2017 - 8:31am | 426Read More...Uber Technologies, Inc. has a vacant CEO spot after the company's co-founder Travis Kalanick was pushed out. One of the most notable names being floated around to assume top ranks at the ride-sharing platform is current Hewlett Packard Enterprise Co (NYSE: HPE) CEO Meg Whitman. Whitman, former...















