Uber’s chief executive Travis Kalanick has stepped down from the ride-hailing company June 21, 2017 Travis Kalanick, the controversial chief executive of Uber, has stepped down from his post, the company has confirmed. Kalanick helped set up the ride-hailing behemoth, but faced a shareholder revolt which forced his hand, according to the New York Times. Yesterday five investors called for his resignation, and wrote a letter to Kalanick outlining their [...]
Uber to adopt Holder Report recommendations following sexual harassment investigation June 12, 2017 Uber is to adopt all recommendations of the Holder Report following a Sunday board meeting, a representative said yesterday, although what this entails will remain under wraps until Tuesday. An investigation into the ride-hailing technology business was launched last year, following employee allegations of sexual harassment and a “bro culture” at the company. Uber’s board [...]
Uber is expanding its electric car plans in London to tackle air pollution, with more Nissan Leafs and a network of chargers March 28, 2017 Uber is expanding its fleet of electric vehicles in London in a bid to tackle air pollution in the capital. Another 100 Nissan Leafs will join the 50 already on the road since last summer, while the transport startup will create a network of charging points across the city. Initial analysis of the electric car [...]
Unilever and the confused priorities of the Davos elite March 20, 2017 If Angela Merkel epitomises the overrated in terms of international statesmanship, her equal in corporate terms must be Paul Polman of Unilever. As is true with the German Chancellor, it is unfathomable to me that the leader of a major corporation with a record this hapless should be lionised. For the larger point is that both [...]
Uber president Jeff Jones quits after six months in role March 19, 2017 Uber president Jeff Jones has quit his role after little more than six months in the job, the car hailing giant has confirmed. A spokesperson for the firm said: “We want to thank Jeff for his six months at the company and wish him all the best.” Second in command at the car hailing firm to Travis Kalanick, Jones [...]
Uber is looking for a woman to fill its new chief operating officer position March 12, 2017 Uber is reportedly searching for a female executive to join the firm as its new chief operating officer and help rein in under-fire boss Travis Kalanick. The ride-hailing app announced a new position which could be viewed as either the best or worst job in tech last week after recent troubles pushed Kalanick to search for someone to keep the [...]
Uber’s facing some serious allegations of sexism, harassment and a toxic work culture February 20, 2017 Uber is facing serious allegations of sexism in the workplace after explosive revelations from a former engineer at the billion-dollar startup. Chief executive Travis Kalanick labelled the behaviour "abhorrent" and "against everything we believe in", promising an investigation, after former engineer Susan Fowler published details of her experience at the company. In the blog post, she describes being [...]
From Brexit to Trump, interest rates to the steel crisis, these are the pictures that defined business in 2016 December 28, 2016 Let's face it, a lot's happened this year. 2016 was the year that brought us surprise, seismic political changes, pushed commodities markets through yet more turbulence and took down another stalwart of the British high street. @afneil If you're at a Quiz in the future and the question starts 'Which year did . . ' [...]
Donald Trump says Hillary Clinton voters with “buyer’s remorse” can change their pick November 2, 2016 Asian markets are feeling jittery and so apparently is everywhere else as the US presidential election is going down to the wire. And the war of words between Hillary Clinton and Donald Trump is heating up. Over in the red corner, Trump branded Clinton "corrupt", while warning she would "destroy American healthcare forever". He even told [...]
The polls are looking increasingly worse for Donald Trump ahead of the last presidential debate October 18, 2016 The final debate between Hillary Clinton and Donald Trump will take place on Wednesday night in Las Vegas as the latest polls put Clinton in prime position to take the presidency next month. With just three weeks left until polling day on 8 November, the two official nominees will attempt to persuade America they have what [...]