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The Latest Breaking News from Dara Khosrowshahi

Uber reportedly lobbied politicians, broke laws in global push

Uber Technologies Inc. attempted to lobby politicians and flouted laws as part of efforts to expand globally from 2013 to 2017, according to newspaper reports based on leaked documents.

Tribune News Service

Report: Uber lobbied, used 'stealth' tech to block scrutiny

As Uber pushed into markets around the world, the ride-sharing service lobbied political leaders to relax labor and taxi laws and used a “kill switch″ to thwart regulators and law enforcement

The Independent UK

‘We will not make excuses’: Uber responds to Uber files leak

Statement from Jill Hazelbaker, Uber’s senior vice-president of public affairs, to global journalistic investigation

The Guardian - UK

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Why some of the country's top CEOs fear a recession is coming

The Fed will continue raising interest rates this week as inflation continues to soar. Some CEOs worry the fight to bring prices under control could end up sparking an economic downturn.

WEKU

Insider Buying Remains Elevated For A Second Week $SBUX $UBER $RILY

In an unusually volatile week, we saw significant market weakness earlier in the week probably driven by forced selling and a relief rally in the end. Insiders once again stepped up their purchases to take advantage of prices, which in some cases are down anywhere from 50% to 90% from…

Benzinga

Executives Buy Around $141M Of 4 Stocks

Although Dow Jones futures traded higher this morning on Tuesday, there were a few notable insider trades.

Benzinga

Should You Scoop Up Shares of Uber Under $25?

Currently trading at less than $25, the shares of leading ride-hailing company Uber Technologies (UBER) declined nearly 2% in price in premarket trading on news that the company's CEO intends to cut spending and reduce hiring. So, with this development in mind, let's evaluate if it's worth betting on the…

StockNews.com

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What's Going On With Uber Shares Today?

Uber Technologies Inc (NYSE: UBER) shares are trading lower Monday following a report that CEO Dara Khosrowshahi is calling for cost cutting at the company.

Benzinga

Uber CEO Calls For Cost Cutting, Treating Hiring As Privilege Amid Seismic Market Shift: Report

Uber Technologies Inc (NYSE: UBER) will cut costs to turn into a leaner business model to address a “seismic shift” in investor sentiment, CNBC reported o

Benzinga

Uber Stock Slumps As Lyft Drags Ride-Sharing Lower On Surging Cost Hit To Profit Outlook

"Our driver base is at a post-pandemic high and is more engaged on Uber than on other platforms,: said CEO Dara Khosrowshahi. "Importantly, we expect this trend to continue without significant incremental incentive investments."

The Street

Nirmala Sitharaman invites U.S. semiconductor players to make investments in India

Last year, the government approved a ₹76,000-crore scheme to boost semiconductor and display manufacturing in the country

The Hindu

Uber Stock Leaps After Deal to List All New York City Taxis On Ride-Sharing App

Uber, Curb and Creative Mobile Technologies have teamed up to list all of New York City's iconic yellow taxis on the Uber ride-sharing app.

The Street

Why Uber Shares Are Trading Higher Today

Uber Technologies Inc (NYSE:UBER) updated its guidance for the first quarter of FY22. Uber now sees adjusted EBITDA of $130 million - $150 million up (from $100 million - $130 million) Uber sees a sequential improvement in both Mobility and Delivery segment Adjusted EBITDA (Q1 2022 over Q4 2021). Related Content: 5 Uber Analysts…

Benzinga

Uber boss confirms app will accept Bitcoin 'at some point' in the future

CEO Dara Khosrowshahi confirmed the company has been having internal discussions about cryptocurrencies.

Daily Record

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Benzinga

Uber To 'Absolutely' Accept Cryptocurrency In The Future, CEO Says

Uber Technologies Inc. (NYSE: UBER) will eventually accept cryptocurrencies as a means of payment, according to the firm's CEO Dara Khosrowshahi.

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