Travis Kalanick

Lyft, despite its opposition to President Donald Trump’s immigration order, should actually thank the president as the order is helping Lyft to beat arch rival Uber, whose PR mishap over the issue is triggering customer migrations to Lyft. Last weekend, Trump signed an executive order...

President Donald Trump's controversial Executive Order to temporarily ban citizens of seven mostly Muslim nations is a development investors should be following. Support Or Boycott Starbucks Starbucks Corporation (NASDAQ: SBUX)'s outgoing CEO Howard Schultz said in a blog post that he is deeply...

Fewer-than-expected firms went public in 2016, but 2017 could be the year of IPOs, especially on the technology front. An Ernst & Young report said compared with 2015, deal volume decreased by 36 percent in 2016 with 112 IPOs, while capital raised was down 37 percent with $21.3 billion. But,...

Travis Kalanick, the CEO of Uber Technologies, is asked quite often when the company will file for an initial public offering. According to Bloomberg, he now has a go-to metaphor to explain that it likely will happen — just not as soon as many hope. According to Bloomberg, Kalanick said at a...

Uber is far from the only company looking to produce a fleet of self driving cars. However, according to Recode, Uber has "a lot more at stake" than its competitors and it needs to win the self-driving car race. For starters, Uber CEO Travis Kalanick admitted that developing a self-...

Uber may be the current leader in the autonomous driving race, as its customers can hail a fully automated, self-driving Volvo AB (ADR) (OTC: VOLVY) SUV in a pilot project that will start this month. On the other hand, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and its Google unit are still...

Uber's long-term business model is quite simple: Replace human drivers with a fleet of autonomous cars. Many have speculated this would be done, so Uber doesn't have to participate in any revenue-sharing agreement with its contracted drivers. The concept may seem far-fetched or too futuristic for...

Didi Chuxing, China's state operated taxi hailing service and rival to Uber, announced on Monday a move which effectively ends the rivalry between the two competing firms. The agreement was speculated by various media sources earlier in the day but Fortune's Erin Griffith tweeted what...

Uber, the popular ride sharing platform, announced on Wednesday that Arianna Huffington will join its board of directors. Huffington is the founder and editor-in-chief of the Huffington Post. Uber's CEO Travis Kalanick stated that he is friends with the media mogul who "believes deeply in our...

Salesforce.com, inc. (NYSE: CRM)'s annual tech event called ‘Dreamforce' will take place September 15-18. Speakers include CEOs from Salesforce, Microsoft, YouTube, Western Union, Cisco, Uber and more. Analysts are mostly bullish heading into this year's event which may...

Rumors of tech giant Google Inc (NASDAQ: GOOGL)(NASDAQ: GOOG) working on a ride-sharing app are doing the rounds, which comes as a surprise as the company is a prominent investor in arguably the biggest ride-sharing company, Uber. However, instead of fretting over that, Uber has upped the ante by...

Even as the so-called tech bubble reaches new heights, the recent $18 billion valuation of a taxi-hailing app called Uber Technology Inc. is widely seen -- for good or ill -- as a milestone. Uber is now the second-most highly valued start-up after Facebook (NASDAQ: FB), according to The Wall...