Posts Tagged ‘Uber’s Dara Khosrowshahi’

Uber Settles With Waymo for $245 Million

Company says it "regrets" the issue; promises to use only Uber technology.

by on Feb.09, 2018

Uber CEO Dara Khosrowshahi continues to rehabilitate the company's image.

Uber CEO Dara Khosrowshahi continues to knock down the roadblocks to the ride-sharing company’s progress as the company settled a long-running dispute with rival Waymo over trade secrets.

The company paid $245 million of its own stock to Waymo, the spinoff of Google’s autonomous vehicle business, and an agreement to not use any Waymo-based technology in its development of self-driving vehicles, according to a Reuters report.

The Last Word!

The settlement came as the two sides were about to begin a fifth day in court over the dispute, which has been costing Uber time and money as it looks to rehabilitate its reputation on multiple fronts. (more…)

Uber Working to Fight Human Trafficking

Drivers being informed about how to spot victims and what to do to help.

by on Jan.29, 2018

Uber CEO Dara Khosrowshahi continues to rehabilitate the company's image.

Ride-hailing service Uber’s been in the headlines for the last 18 months for a variety reasons, none of them good. However, new CEO Dara Khosrowshahi is looking to change that, especially when it comes to the company’s drivers.

He’s made a massive effort to make the company’s 750,000 drivers in the U.S. feel more appreciated, including matching Lyft in allowing for tips and providing a hotline for drivers to call when they have questions.

News You Can Trust!

Now, the recently appointed CEO is giving them a new responsibility … an altruistic purpose. He’s working with them to make an impact on human trafficking. The company’s always encouraged drivers to play a role in the end of the scourge, but the new initiative is a formalized program. (more…)

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