Who is new Uber CEO Dara Khosrowshahi?

 Uber’s search for a replacement for its iconic former co-founder CEO Travis Kalanick looks to have reached its conclusion. Dara Khosrowshahi, the current CEO of Expedia, has been officially offered the job, multiple sources close to the company confirmed to TechCrunch. Unlike higher-profile Uber CEO candidates Meg Whitman of HP and Jeff Immelt of GE, Khosrowshahi is fairly under the radar. Read More

Breaking: Uber has offered CEO role to Dara Khosrowshahi from Expedia

 An Uber spokesperson tells us its board has reached a decision to offer someone the CEO role. “The Board has voted and will announce the decision to employees first.” We’ve confirmed from a source familiar with the situation that this person is Dara Khosrowshahi, CEO of Expedia. Kara Swisher of Recode was first with the news. Both Meg Whitman and Jeff Immelt had been… Read More

Jeff Immelt says he’s not going to be the CEO of Uber

 Former GE CEO Jeff Immelt says he’s not going to be the CEO of Uber. After weeks of being considered for the top job, Immelt tweeted: I have decided not to pursue a leadership position at Uber. I have immense respect for the company & founders – Travis, Garrett and Ryan. — Jeff Immelt (@JeffImmelt) August 27, 2017 He says it was his decision. HP Enterprise CEO Meg… Read More

Immelt Backs Out of Chaotic Uber CEO Search

Kalanick and Benchmark's power struggle just took a head-snapping twist.

Pishevar accuses Benchmark of leaking info about Uber

 Some Uber investors are demanding that the company inspect its records to find evidence of Benchmark Capital leaking confidential information to employees and others. On the heels of yesterday’s motion to intervene in the Benchmark lawsuit,  lawyers for Uber investors Shervin Pishevar and Stephen Russell, have submitted a “Rule 220 demand,” which we’ve obtained.… Read More

Black Girls Code says it turned down $125,000 from Uber

 Uber seems to be looking to make amends to the tech industry in light of its tumultuous year that kicked off with former engineer Susan Fowler’s allegations of sexual harassment and management issues at the company. Just yesterday, Uber offered $125,000 to Black Girls Code, but the organization turned it down, Black Girls Code founder Kimberly Bryant told TechCrunch. “My decision… Read More

Uber may sell Oakland office

 Uber may not move into Oakland after all. The transportation company is now exploring other options, including sale, for the former Sears building it purchased in downtown Oakland, The San Francisco Business first reported and has since been confirmed by TechCrunch. “As we look to strengthen our financial position so we can better serve riders and drivers for the long term,… Read More

Indonesian Uber rival Go-Jek closes in on new $1.2 billion round

 Go-Jek, the on-demand transportation company that rivals Uber and Grab in Indonesia, is getting close to pulling in its next huge funding round. That’s because JD.com, the China-based e-commerce firm that rivals Alibaba, has agreed to join Go-Jek’s upcoming $1.2 billion round, a source with knowledge of discussions told TechCrunch. The news was first reported by The Information.… Read More

Equity podcast: Uber grows against all odds, Amazon makes Whole Foods cheaper, WeWork raises $4.4B

 Welcome back to Equity, our podcast for all things venture capital and tech business. I host along with Matthew Lynley and Alex Wilhelm, who was out-of-town (how dare he). This week we were joined by Rob Coneybeer, who is co-founder and managing director at Shasta Ventures. We talked about Uber (what else?!), which shared its growing financials, suggesting that people are still using the… Read More