Technology

SAN FRANCISCO (Reuters) – Uber Technologies Inc’s [UBER.UL] new Chief Executive Dara Khosrowshahi told employees on Wednesday the ride-services company would change its culture and could go public in 18 to 36 months. Khosrowshahi, who led Expedia Inc (EXPE.O) for 12 years, made the remarks as he introduced himself to Uber’s workforce on Wednesday during
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BEIJING (Reuters) – China is likely to delay implementing tough new sales quotas for electric plug-in vehicles, giving global automakers more time to prepare, four automaker and industry officials told Reuters. Based on their conversations with Chinese policymakers, the people said a final scheme for sales quotas on electric plug-in cars could be introduced within
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NEW DELHI (Reuters) – Global ride-hailing firm Uber Technologies will give free insurance to its 450,000 driver partners in India that will cover death, disability or hospitalization due to accidents, the company said on Tuesday. The San Francisco-based company, which competes with Softbank-backed local rival Ola in India, is grappling with an overhaul of its
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(Reuters) – Expedia Inc Chief Executive Dara Khosrowshahi is poised to accept Uber Technologies Inc’s [UBER.UL] offer to become its new CEO, according to an internal memo sent to Expedia staff, putting him in charge of turning around the loss-making, scandal-ridden ride-services company. The Uber board of directors on Sunday chose Khosrowshahi as its next
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(Reuters) – Uber Technologies Inc’s [UBER.UL] field of candidates for a new chief executive officer narrowed further on Sunday when Jeff Immelt, chairman of General Electric Co, said he was no longer in the running for the top leadership position. Uber’s board of directors has been searching for a new CEO since June, when investors
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