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Posts Tagged ‘Uber news’

Lyft, Uber Think Size Matters, Feud About Which is Bigger

Lyft available in 48 states, but wait time is an issue.

by on Sep.01, 2017

Through the first half of 2017, Lyft has already exceeded its total ridership for all of 2016.

The competition between Uber and Lyft has escalated a little more after the latter claimed it was the biggest ride-hailing service in the U.S. Uber quickly shot down the self-brag by Lyft.

San Francisco-based Lyft claims 94% of the U.S. population can request a ride, meaning it has the largest geographic footprint of any ride-hailing service. Uber disputed the claim, suggesting that Lyft is fudging what it means to be “available.”

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Lyft that its service was now “fully operational” in 40 states, which means Lyft users can get a ride with the service anywhere in the state. Overall, the company has drivers in every state except Arkansas or South Dakota. (more…)

Uber Makes Surprise Pick for New CEO

Former GE CEO Immelt was thought to be top candidate.

by on Aug.28, 2017

The Uber board selected Expedia CEO Dara Khosrowshahi to take the place of Travis Kalanick as Uber's CEO.

After dalliances with big names like Immelt and Whitson, Uber selected a surprise candidate — Expedia CEO Dara Khosrowshahi — to replace ousted CEO Travis Kalanick.

The ride hailing company appeared to be reviewing better-known candidates, such as GE chairman Jeffrey Immelt and HP CEO Meg Whitman, according to media reports, before snagging the lesser-known Khosrowshahi.

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The company hasn’t confirmed the hiring because it wants to inform Uber employees first, multiple reports have said. (more…)

Former GE CEO Immelt Top Contender for Uber Post

Former CEO and founder Kalanick still trying to regain old spot.

by on Aug.22, 2017

Former GE CEO Jeffrey Immelt is considered the top contender to replace Uber's ousted chief executive Travis Kalanick.

Uber is considering hiring former General Electric CEO Jeffrey Immelt as its chief executive officer to help stabilize an enterprise that has been engulfed in turmoil for months.

Immelt, stepped aside as GE CEO Aug. 1, but remains the company’s chairman. Nonetheless, tech-oriented websites clustered around Uber’s San Francisco headquarters have been reporting that Immelt is now the favored candidate to serve as the Uber CEO.

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Uber’s board of directors ousted the company’s former CEO and founder, Travis Kalanick, after an outside counsel’s investigation found that the company had ignored long-festering problems with sexual harassment. (more…)

Lyft Tracking to Double Ridership in 2017

Company adds former Obama adviser Jarrett to board.

by on Aug.02, 2017

Valerie Jarrett, a former adviser to the Obama Administration, has joined the Lyft board of directors.

Lyft has carried more passengers during the first six months of 2017 than in all of 2016, according to new statistics released by the company, which has succeeded in spreading its service to dozens of additional cities in the U.S. and capitalizes on a goody-two-shoes image that has separated it from archrival Uber.

The company noted it has expanded into 360 communities and that 80% of the U.S. population can use the service now.

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Ridership at Uber, the leader in ride-sharing services, continues to dwarf Lyft’s, which recorded 162.5 million customer trips through the end of June. Uber has reported that it has given more than 5 billion rides worldwide since 2010. (more…)

Kalanick Forced Out as CEO of Uber

Embattled founder resigns as turmoil wracks ride-sharing giant.

by on Jun.21, 2017

Uber CEO Travis Kalanick has been forced to resign in the wake of lawsuits, sexual harassment charges and other complaints about the company.

With his company facing an array of problems, including lawsuits, complaints about sexual harassment, and the exodus of key senior executives, Uber CEO Travis Kalanick has been forced to resign.

The news was announced early Wednesday, barely a week after the embattled Kalanick said he would take an indefinite leave of absence motivated, at least in part, by the death of his mother in a boating accident. The ride-sharing giant said Kalanick will remain on its board of directors.

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For his part, the 40-year-old Kalanick appeared to recognize he had become not a leader but a polarizing distraction for Uber Technologies, Inc., in a statement noting that “rather than be distracted with another fight,” his departure will let Uber focus on building its business. (more…)

Automakers Want Free Hand to Test Autonomous Vehicles – But GOP Might Cut Out Federal, State Safety Regulators

Industry insists a freer hand will bring self-driving technology to market more quickly.

by on Jun.16, 2017

Waymo recently launched a pilot ride-sharing program in Phoenix using autonomous Chrysler minivans.

As they move closer to bringing autonomous and fully driverless vehicles to market, automakers and tech firms such as General Motors, Ford, Waymo and Tesla are pressing the federal government to loosen up regulations limiting the way they can test their prototypes on public roads.

Even before the Obama Administration concluded its second term, the feds were working up new autonomous guidelines. But now, under the Trump Administration, it appears Congress could give the auto industry even more freedom to move forward while limiting the power of both individual states and even federal safety regulators.

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Congress wants to “continue working with all parties in a bipartisan manner as we refine language and move forward towards a consensus package,” said U.S. Representative Bob Latta, chairman of a panel that oversees automotive regulations.

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Uber CEO Kalanick Taking Indefinite Leave

Grieving mother's recent death, he'll work on improving leadership skills during time away.

by on Jun.13, 2017

Uber CEO Travis Kalanick is taking a leave of absence from the company to grieve his mother's recent death and work on his leadership skills.

As had been widely expected, Uber Technologies CEO Travis Kalanick has told employees that he will take an indefinite leave of absence to “grieve” for his mother, killed in a recent boating accident, while also taking time to work on the leadership skills that he admits need to be improved.

The move comes as Uber faces a mounting series of problems, from a lawsuit alleging it stole technical secrets from autonomous vehicle company Waymo to indications the ride-sharing giant has been losing momentum and market share as customers become increasingly disenchanted with Uber. On the same day Kalanick announced his temporary leave, the company publicly released the results of an investigation led by former U.S. Attorney General Eric Holder into allegations of widespread sexual harassment.

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“I need to take some time off of the day-to-day to grieve my mother, whom I buried on Friday, to reflect, to work on myself, and to focus on building out a world-class leadership team,” Kalanick wrote to employees, adding that, “If we are going to work on Uber 2.0, I also need to work on Travis 2.0 to become the leader that this company needs and that you deserve.” (more…)

Uber CEO May Take Leave as Board OK’s Holder Probe Recommendations

Findings of sex harassment probe to be made public on Tuesday.

by on Jun.12, 2017

Uber CEO Travis Kalanick may take a leave of absence or cut back his role at the company.

Embattled Uber Technologies CEO Travis Kalanick is widely expected to take a leave of absence or, at the least, step back from his current role in the wake of a series of scandals and setbacks that have hammered the ride-sharing giant in recent months.

That includes allegations of sexual harassment that led Uber to commission an independent study led by former U.S. Attorney General Eric Holder. The findings were presented to Uber’s board of directors during a special meeting and members voted unanimously to accept all of the report’s recommendations.

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That is expected to help rein in what critics have described as a frat house culture at a company that also happens to be the world’s most valuable venture capital-backed firm. Among other things, it is expected to place greater controls over senior operations at Uber, including spending and human resources.

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Uber Fires 20 Employees in Wake of Investigation

Ride-sharing company still reviewing former AG Holder's report.

by on Jun.06, 2017

Uber CEO Travis Kalanick is beginning to get the change in corporate culture he said was coming: Uber fired 20 employees today.

Uber fired 20 employees after the conclusion of an internal probe of harassment charges leveled against the company by a former senior engineer.

The firings were announced at a company meeting, according to multiple media reports, as a result of an investigation by the law firm Perkins Cole into specific charges by a former employees.

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The company didn’t name the employees who were let go. Some of the people fired were senior executives, according to the person. (more…)

Uber Fires Autonomous Vehicle Chief Levandowski

Latest twist in ongoing battle with Waymo.

by on May.31, 2017

Anthony Levandowski is seen here discussing autonomous vehicles while still with Google in 2011. Photo courtesy Shinygogo.

The ongoing battle between Uber and Waymo over allegedly stolen autonomous vehicle trade secrets took a new turn as the car-sharing giant fired the one-time head of its self-driving vehicle operations, Anthony Levandowski.

The 37-year-old engineer rose to prominence as head of autonomous operations at Waymo’s parent Google. He then went off to form his own company which, in turn, was purchased by Uber. Levandowski was subsequently accused of taking thousands of proprietary documents with him, material he has refused to turn over to the California court hearing the lawsuit filed by Waymo.

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Levandowski was sidetracked by Uber as a result of the ongoing lawsuit. The ride-sharing service told the court on Tuesday it has now fired the executive because he refused to comply with orders to turn over the documents. Levandowski’s attorney previously told the court he was refusing the order for fear it could lead to him facing criminal prosecution.

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