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28% Of Uber's Lost Customers More Likely To Use Service With CEO Kalanick Gone
Tuesday, June 27, 2017 - 9:00am | 505It’s not often that management changes have a significant impact on a company or its stock. However, the recently announced departure of former Uber CEO Travis Kalanick could trigger a major boost in Uber’s business. Kalanick’s vision for the Uber ride-sharing model has changed...
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Uber Was Being Run As A 'Frat Party,' Former GM Exec Says
Saturday, June 24, 2017 - 9:39am | 457Uber Technologies is a prime example of a Silicon Valley startup that has become too big for the original founders to manage, Bob Lutz, a former General Motors Company (NYSE: GM) vice chairman told CNBC. Uber's co-founder and recently ousted CEO Travis Kalanick did a good job in running Uber...
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Saving The Uber Kalanick Built
Friday, June 23, 2017 - 2:03pm | 991Travis Kalanick's resignation as Uber's CEO represents a huge opportunity to reshape the company’s culture and tarnished reputation. It was Kalanick’s aggressive nature and talent that catapulted Uber's disruptive vision into the future of ride-hailing. It was this...
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A Message For Uber: You Can't Scale Bad Culture
Thursday, June 22, 2017 - 1:58pm | 614Loup Ventures analyst Doug Clinton has a message for Uber: “Bad culture doesn’t scale.” Clinton published a note Thursday detailing the fatal flaw in Uber, which recently took its latest victim: now-former CEO Travis Kalanick. A Unicorn Time Bomb Clinton noted that a poor work...
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Why Sheryl Sandberg Won't Leave Facebook For Uber
Thursday, June 22, 2017 - 11:27am | 490Sheryl Sandberg left her job as vice president of global sales and operations at Google (parent company, Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL)) to join Facebook Inc (NASDAQ: FB) and serve as its chief operating officer in 2008. But perhaps more important, her job at Facebook provided the...
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Brash CEO Travis Kalanick Out At Uber
Wednesday, June 21, 2017 - 8:48am | 433Uber Co-Founder and CEO Travis Kalanick has seen his reputation take a hit as of late between sexual assault allegations, a work culture in complete disarray, an altercation with an Uber driver that showed his "pugnacious personality and short temper." As such, many speculated it was a...
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Gadfly's Shira Ovide: We All Created The Uber Monster
Wednesday, June 14, 2017 - 8:52am | 544A new day, a new senior member of Uber Technologies leaving the company. On Tuesday, the billionaire co-founder of private equity giant TPG Capital and member of Uber's board David Bonderman announced his resignation after cracking a sexist joke -- during a meeting intended to crack down on...
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Is Uber's Faith In Travis Kalanick Faltering?
Monday, June 12, 2017 - 12:22pm | 545Uber’s board of directors is debating a three-month leave of absence for Uber founder CEO Travis Kalanick, reported the New York Times. The rumor comes as company leadership voted unanimously to adopt all recommendations made by former attorney general Eric Holder regarding improving the...
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Uber's New Hires Could Help End PR Nightmares
Thursday, June 8, 2017 - 9:09am | 1184It would be an understatement to say Uber has had a bad year. Besides posting a $708 million loss on $3.4 billion in revenue in the first quarter, the company has been hit by scandal after scandal. Uber's public relations nightmares may end soon though, thanks to the hire of Frances Frei, a...
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Tim Cook To Travis Kalanick: Don't Break Apple's Rules
Monday, April 24, 2017 - 10:20am | 541Uber International C.V.’s PR woes took another turn for the worse when it was revealed that chief executive Travis Kalanick got a dressing down in 2015 over privacy issues from Tim Cook, the CEO of Apple Inc. (NASDAQ: AAPL). Citing user privacy concerns, Apple in 2012 stopped allowing apps in...
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Uber's Terrible, Horrible, No Good, Very Bad 2017
Monday, March 20, 2017 - 12:16pm | 1126Uber's announcement on Monday that President Jeff Jones is leaving the company after less than a year on the job is just one of the many issues affecting the company. Jones joined Uber after leaving his post as Target Corporation (NYSE: TGT)'s chief marketing officer late last year. His move from...
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Uber Suffers From Another Setback As Ex-Target Exec Quits After Months On The Job
Monday, March 20, 2017 - 9:55am | 377Uber Technologies, the popular ride-hailing app, confirmed over the weekend that its president, Jeff Jones, will leave the company just months after starting. Jones left his position as Target Corporation (NYSE: TGT)'s chief marketing officer in August 2016. His appointment at Uber was a sign that...
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What Can Uber Learn From Other Companies That Met Controversy Ahead Of An IPO?
Monday, February 27, 2017 - 2:50pm | 817It’s been one of those week’s Uber never wants to look back on — especially as it eyes a future on Wall Street. While still reeling from January’s #DeleteUber campaign, the company was hit with numerous allegations of sexism and internal disorder. On Feb. 19, former Uber...
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Nordstrom The Latest To Cut Business Ties With A Trump
Friday, February 3, 2017 - 11:54am | 720Nordstrom, Inc. (NYSE: JWN) has become the latest company to cut ties with the Trump brand by axing President Donald Trump’s daughter Ivanka’s line of women’s clothing, shoes and handbags. The decision comes amid a flurry of controversy over Trump’s travel ban on seven...
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New Patent Shows How Uber Wants To Go Social
Thursday, February 2, 2017 - 2:09pm | 290Uber wants to implement social media information in its app, according to a new patent filing. According to CNNMoney, Uber intends to use social media information to better connect rides that use the UberPool feature. UberPool matches a user of the Uber platform with a stranger that is...