Posts filtered by tags: Khosrowshahi[x]


 

From Elon Musk to Tim Cook, here's where the world's most influential tech founders and CEOs went to college — and what they studied

College is where many figure out what they're actually interested in and determine the career they want to pursue. We researched the degrees and schools attended by well-known tech CEOs, many of whom launched their companies or landed on the idea for their first startup while studying at college. Here's where 52 CEOs and founders in the tech industry went to school, and what they studied. Visit Business Insider's homepage for more stories. For new college students, choosing a major can feel l...
Tags: Apple, Google, Facebook, Mark Zuckerberg, Europe, Elon Musk, Cook, Sweden, Maryland, Microsoft, Yahoo, Mba, Stanford, India, Satya Nadella, Trends


Uber Posts Faster Growth, but Loses $1.1 Billion

Uber’s ride-hailing business grew faster in the fourth quarter of 2019, even as the company grappled with continued challenges.
Tags: News, Dara, Uber Technologies Inc, Company Reports, Car Services and Livery Cabs, Khosrowshahi, Delivery Services


Uber says it will be profitable sooner than expected as it tops Wall Street expectations (UBER)

Uber's fourth quarter losses were smaller than Wall Street expected, as the company continues to grow.  The company also said it plans to hit profitability by the end of 2020, sooner than previously expected.  Shares of Uber soared as much as 10% following the new profitability timeline.  Visit Business Insider's homepage for more stories. Uber plans to turn a profit by the end of 2020, sooner than previously expected, the company said Thursday, sending its stock price soaring as much as 10% ...
Tags: Uber, India, Trends, Chicago, Dallas, Zomato, Dara Khosrowshahi, Khosrowshahi, South Korea Uber


Barry Diller told Expedia employees that it's not hunting for a replacement for its ousted CEO, and some insiders are worried the $16 billion company is heading for a sale (EXPE)

Expedia Chairman Barry Diller told employees last month at an all-hands meeting that the company is not searching for a new CEO. It's not immediately clear if this means that the company has already made a decision as to its leadership structure. The role has been vacant since Mark Okerstrom resigned as CEO last month over a "disagreement" with the board. Okerstrom himself was the replacement for Dara Khosrowshahi, who famously left Expedia in 2017 to lead Uber.  The company is said to be look...
Tags: Apple, Usa, Hollywood, Trends, Fox, IAC, Scott Rudin, EXPE, Expedia, Chelsea Clinton, Board, Peter, Kern, Diller, Barry Diller, Peter Kern


Uber Sells Food Delivery Business in India

The ride-hailing giant agreed to sell Uber Eats in India to rival Zomato, continuing its recent efforts to exit money-losing businesses.
Tags: Food, News, Restaurants, India, Mergers, Zomato, Uber Eats, Dara, Uber Technologies Inc, Acquisitions and Divestitures, Car Services and Livery Cabs, Computers and the Internet, Mobile Applications, Khosrowshahi, Delivery Services


From Priscilla Chan to Melinda Gates, these are the spouses of some of the most powerful people in tech

Most of tech's most powerful CEOs are married.  Not everyone is coupled up — Elon Musk and Jeff Bezos have girlfriends, while Jack Dorsey and Tim Cook appear to be single.  But for those who are married, many of them have been with their spouses for years or even decades.  Here's a look at the lives of the spouses of tech's biggest CEOs.  Visit Business Insider's homepage for more stories. It takes a special type of person to become the partner of a high-powered tech executive: From long week...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Hong Kong, Elon Musk, New York, Instagram, Microsoft, Steve Jobs, Stanford, India, Satya Nadella, New York City, Disney


Uber's CEO says the best career advice he ever received came from the founder of Allen & Co — here's why he bets on 'people, not companies' (UBER)

Uber CEO Dara Khosrowshahi was asked about the best advice he ever received and the best advice he has for young people at a luncheon this week. The Iranian American executive said his best advice came from Herbert Allen of Allen & Co., and that advice is to bet on people, not companies. For young people, Khosrowshahi said, his best advice is to never overplan. Confirmation bias can cause you to miss opportunities, like a new job as CEO of Uber, if your goals are too rigid.  Click here for mor...
Tags: Uber, New York, Trends, Dartmouth, Accenture, Princeton, Expedia, Don, Allen, Economic Club, Dara Khosrowshahi, Allen Co, Khosrowshahi, Julie Sweet, Herbert Allen


Kalanick splits from Uber: Ex-CEO leaves board of directors, sells remaining shares

Former Uber Chief Executive Travis Kalanick has cut the last ties he had with the company he co-founded and helped build into a giant in the ride-hailing industry. On Tuesday, Uber said Kalanick will leave its board of directors, effective Dec. 31. Kalanick said in a statement that with Uber having gone public earlier this year, “it seems like the right moment for me to focus on my current business and philanthropic pursuits.” Kalanick is now involved with CloudKitchens, a company that rents out...
Tags: Uber, Arianna Huffington, Sport, Soccer, Travis Kalanick, Kalanick, Cnbc, U S Securities and Exchange Commission, Garrett, Travis, Ives, Benchmark Capital, Matt Cohler, Dara Khosrowshahi, Khosrowshahi, Dan Ives


Uber cofounder Travis Kalanick will leave the company's board at the end of the year

Uber cofounder Travis Kalanick will leave the company's board at the end of the year,  first reported. Kalanick served as the Uber's CEO until 2017 but resigned under pressure from investors after reports of a reckless and toxic culture at Uber, including multiple accusations of sexual harassment and gender discrimination at the company. Kalanick sold more than $2.5 billion worth of Uber stock in the two months leading up to his departure. Visit Business Insider's homepage for more stories. ...
Tags: Apple, Uber, Saudi Arabia, Trends, Travis Kalanick, Kalanick, Dara, Travis, Dara Khosrowshahi, Khosrowshahi, Uber Uber, City Storage Systems


Uber all set to sell Uber Eats’ India business to Zomato

Uber is in advanced stages of talks to sell its food delivery service (Uber Eats India) to local rival Zomato as the American ride-hailing giant looks to cut its global spending, three people familiar with the matter told TechCrunch. The deal currently values Uber Eats’ India business at around $400 million, one of the sources said. As part of the deal, Uber may invest between $150 to $200 million in Zomato and get a sizable stake in the 11-year-old Indian firm, people said. A spokesper...
Tags: Food, Uber, Apps, Asia, China, Southeast Asia, India, Tech, New York Times, Ant Financial, Zomato, Uber Eats, Deepinder Goyal, Swiggy, PTI, Times of India


LinkedIn founder Reid Hoffman: The stories of Uber and Dropbox show how strategy evolves when you go from startup to grown-up

LinkedIn co-founder Reid Hoffman points out on an episode of the podcast "Masters of Scale" that eventually startups have to transition from outsider to insider, pioneer to establishment. Navigating this transition doesn't always go smoothly. Here's how Uber and Dropbox strategized this change.  Click here for more BI Prime stories. Startups usually start scrappy and lean, eager to conquer market share and carve their names on the logs of history.  However, this pirate mentality only goes so ...
Tags: Apple, Google, Uber, Spacex, Taylor Swift, Microsoft, Drew Houston, Trends, Linkedin, Dropbox, Reid Hoffman, Mars, Houston, Hoffman, Facebook Google, Khosrowshahi


Uber’s chief product officer is stepping down

Uber Chief Product Officer Manik Gupta announced today he is leaving the company. Gupta’s last day will be December 13, he wrote in a note to Uber’s product team today. “After a few discussions with Dara as well as with my family—and now that we’ve made it through the IPO and an important year for the company—I’ve made the tough decision to leave Uber,” Gupta wrote in the note. In a conversation with TechCrunch, Gupta elaborated that he felt like now was a good time for him to take a break, n...
Tags: Google, Transportation, Uber, Ipo, Tech, Manik Gupta, Dara, Gupta, Matt Cohler, Dara Khosrowshahi, Personnel, Khosrowshahi, Manik, Uber Gupta, Khosrowshahi In Gupta


DealBook Conference Live Updates: Boeing’s C.E.O. ‘Thought About’ Resigning

America’s most important business leaders provide insights on the hot-button issues of our time.
Tags: News, America, Kardashian, Kim, Boeing, Jenner, Reed, Hastings, Kris, Dara, Muilenburg, Khosrowshahi, Dennis A


DealBook Conference 2019: Live Updates

America’s most important business leaders are set to provide insights on the hot-button issues of our time.
Tags: News, America, Kardashian, Kim, Jenner, Reed, Hastings, Kris, Dara, Muilenburg, Khosrowshahi, Dennis A


Uber Eats rival Glovo bought a Polish competitor for $39 million, marking inevitable consolidation for the $35 billion food delivery market

Spanish food delivery startup Glovo acquired Polish competitor PizzaPortal for €35 million ($39 million). Glovo competes with Uber Eats in some European markets, and is beating the company in Spain and Italy. The acquisition comes after Glovo raised €150 million ($166 million) in new funding, and is an attempt to carve out market share against rivals. There are now so many well-funded food delivery apps that Glovo's acquisition is likely a sign of more consolidation to come in the estimated $3...
Tags: Uber, Europe, UK, Trends, Spain, Bloomberg, Italy, Ubs, Poland, Mediterranean, Business Insider, Warsaw Poland, Pierre, Barcelona Spain, Dara Khosrowshahi, Khosrowshahi


What to Watch For at the DealBook Conference 2019

America’s most important business leaders are set to provide insights on the hot-button issues of our time.
Tags: News, America, Kardashian, Kim, Jenner, Reed, Hastings, Kris, Dara, Muilenburg, Khosrowshahi, Dennis A


Glovo, a food delivery app which is thrashing Uber Eats in parts of Europe, just acquired a Polish competitor for $39 million

Spanish food delivery startup Glovo acquired Polish competitor PizzaPortal for €35 million ($39 million). Glovo competes with Uber Eats in some European markets, and is beating the company in Spain and Italy. The acquisition comes after Glovo raised €150 million ($166 million) in new funding, and is an attempt to carve out market share against rivals. Uber CEO Dara Khosrowshahi said this week that Uber Eats wanted to beat well-funded domestic competitors like Glovo to the number one or number ...
Tags: Uber, Europe, UK, US, Trends, Spain, Bloomberg, Italy, Ubs, Poland, Mediterranean, Uber Eats, Business Insider, Warsaw Poland, Pierre, Barcelona Spain


Uber’s losses top $1 billion, trumping better than expected revenues

Better than expected revenues couldn’t divert investor attention from the fact that Uber still managed to lose more than $1 billion in the most recent quarter as the company’s stock fell in after-hours trading. There are bright spots in the latest earnings report, not least that the company managed to stanch the bleeding that had cost the company over $5 billion in the previous quarter. Revenue grew to $3.8 billion, up from $2.9 billion in the year-ago period, representing a 30% boost. But ev...
Tags: Startups, TC, Transportation, Uber, Tech, Earnings, EBITDA, GrubHub, Dara Khosrowshahi, Khosrowshahi, Given, Uber Money is Uber


Business briefly: Despite defections, Facebook officially launches Libra

Facebook officially moved forward with its plans Monday to create a new digital currency called Libra, despite several high-profile defections from the project and intense criticism from U.S. regulators and politicians. The Libra Association, the nonprofit that will govern the currency, officially signed on 21 charter members on Monday at the organization’s inaugural meeting in Geneva. Originally the Libra Association had 27 potential members, but several companies dropped out in recent days, in...
Tags: Facebook, Uber, Mark Zuckerberg, Business, Bloomberg, Sport, Soccer, David Marcus, Geneva, Andreessen Horowitz, Libra, Calif, Visa MasterCard, House Financial Services Committee, Dara Khosrowshahi, Khosrowshahi


Uber fires 350 employees in a ‘last wave’ of job cuts

In his latest bid to reduce losses at Uber Technologies, Dara Khosrowshahi fired about 350 employees, in what he said is the “last wave” of workforce reductions. The cuts hit a handful of divisions, including self-driving car development and food delivery. Uber dismissed more than 800 employees over two rounds of cuts in July and September. Since a disappointing initial public offering in May, Uber’s stock price is down about 30%. Investors have expressed concerns about increased losses and slow...
Tags: Uber, Business, Jobs, Bloomberg, Sport, Soccer, North America, AB, Dara Khosrowshahi, Khosrowshahi


Uber Lays Off Another 350 Employees Across Eats, Self-driving and Other Departments

Uber has just laid off around 350 employees across a variety of teams within the organization, marking what the company says is its third and final phase of layoffs of the process it began earlier this year, Uber CEO Dara Khosrowshahi said to employees today in an email. From a report: Those affected include employees from Eats, performance marketing, Advanced Technologies Group, recruiting, as well as various teams within the global rides and platform departments. Some employees have also been ...
Tags: Tech, Dara Khosrowshahi, Khosrowshahi, Advanced Technologies Group


Uber’s Layoff Total Rises Past 1,000 With Latest Cuts

A third round targeted 350 workers on Monday as the company struggles to reduce costs.
Tags: News, Dara, Uber Technologies Inc, Layoffs and Job Reductions, Khosrowshahi, Driverless and Semiautonomous Vehicles


Uber lays off another ~350 across Eats, self-driving and other departments

Uber has just laid off around 350 employees across a variety of teams within the organization, marking what the company says is its third and final phase of layoffs of the process it began earlier this year, Uber CEO Dara Khosrowshahi said to employees today in an email obtained by TechCrunch (full email below). Those affected include employees from Eats, performance marketing, Advanced Technologies Group, recruiting, as well as various teams within the global rides and platform departments. Som...
Tags: TC, Transportation, Uber, Layoffs, California, Senate, Ipo, America, Tech, West, Canada, Gavin Newsom, AB, APAC, ATG, Dara Khosrowshahi


Uber has laid off hundreds of employees in its third round of cuts this year (UBER)

Uber commenced a third round of layoffs on Monday, TechCrunch's Megan Rose Dickey first reported. Roughly 350 employees in Uber Eats, ATG, and product roles were let go, according to an email from CEO Dara Khosrowshahi published by the news site.  Uber has been under tremendous pressure to cut costs and turn a profit as its stock price has plummeted since the company's May IPO. Visit Business Insider's homepage for more stories. Uber laid off roughly 350 employees in its third round of major...
Tags: Uber, Trends, Jeff Bezos, Megan Rose Dickey, ATG, Dara Khosrowshahi, Khosrowshahi


We talked to a top Uber exec about how the ride-hailing giant is betting on healthcare to reach a new set of customers

Uber is betting big on its health business as a way to get it into markets it normally wouldn't reach.  By working with health plans to provide rides to and from doctor's appointments — in particular for the elderly and people in rural areas — Uber can grow demand in areas that might not be a good fit for its ride-hailing service.  "This is a good opportunity to grow our network in areas where Uber isn't as strong today," Uber Health head Dan Trigub told Business Insider. Click here for more B...
Tags: Lyft, Uber, New York, Trends, Pennsylvania, Medicare, Medicaid, BINGHAMTON NEW YORK, Dara Khosrowshahi, Khosrowshahi, Uber Health, Dan Trigub, Business Insider Click, Trigub, CB Insights Future of Health, Through Uber Health Uber


Uber’s First Earnings Report After I.P.O.: $1 Billion Loss

The ride-hailing giant’s quarterly report raised questions about where the company would find new growth and whether it could ever make money.
Tags: News, Dara, Uber Technologies Inc, Company Reports, Stocks and Bonds, Initial Public Offerings, Khosrowshahi, Car-Pooling and Ride-Sharing


Uber’s First Earnings Report After I.P.O. Shows Slowing Growth and $1 Billion Loss

The results compounded a turbulent few months for Uber. After its market debut, investors have questioned whether the deeply unprofitable company could ever make money.
Tags: News, Dara, Uber Technologies Inc, Company Reports, Stocks and Bonds, Initial Public Offerings, Khosrowshahi, Car-Pooling and Ride-Sharing


These three neuroscientists went from leading a hot startup to helping lead a key Intel initiative that could help it dominate the AI processor market as it heads for a showdown with Nvidia (INTC, NVDA)

Intel has been taking a beating from Nvidia in AI, so it made a big bet on Nervana, the AI startup it acquired in 2016. Nervana was founded by three neuroscientists, who are now creating the first Intel AI processors built from the ground up. Here's how the founders of Nervana went from modest ambitions, to a place helping lead an initiative that could help Intel take the lead in a hot processor market where it's so far not made much inroads.  Visit Business Insider's homepage for more stories...
Tags: London, Kentucky, India, US, Barack Obama, Trends, Iran, Intel, Earth, Nvidia, Silicon Valley, Thanos, New Delhi, UC Berkeley, Qualcomm, Expedia


These 3 neuroscientists went from leading a hot startup to helping lead a key Intel initiative that could help it dominate the AI processor market as it heads for a showdown with Nvidia (INTC, NVDA)

Intel has been taking a beating from Nvidia in AI, so it made a big bet on Nervana, the AI startup it acquired in 2016. Nervana was founded by three neuroscientists, who are now creating the first Intel AI processors built from the ground up. Here's how the founders of Nervana went from modest ambitions, to a place helping lead an initiative that could help Intel take the lead in a hot processor market where it's so far not made much inroads.  Visit Business Insider's homepage for more stories...
Tags: London, Kentucky, India, US, Barack Obama, Trends, Iran, Intel, Nvidia, Silicon Valley, New Delhi, UC Berkeley, Qualcomm, Expedia, Andy Grove, Deep


The history of how Uber went from the most feared startup in the world to its massive IPO

Uber went public this month on the New York Stock Exchange in a much-watched IPO. Since it was founded in 2009, Uber has transformed the ride-hailing industry and grown to become the most valuable companies in the world. See the highs and lows of Uber in its journey from small San Francisco startup, through its extremely tumultous 2017, through to its 2019 IPO. Visit BusinessInsider.com for more stories. Ten years ago, a company called UberCab made a splash in San Francisco by le...
Tags: Google, Lyft, Uber, South Korea, Eric Holder, Washington Post, France, China, Ipo, India, Softbank, New York City, Africa, US, San Francisco, Trends