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  1. #1
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    [EN] Who is Dara Khosrowshahi, Uber’s new CEO?



    Julie Bort
    28 August, 2017

    In a move that surprised the tech industry, Uber offered its CEO job to a man who wasn’t on anyone’s radar: Expedia’s CEO Dara Khosrowshahi.

    If he accepts the job, he will be leading the world’s most valuable privately-held tech startup, valued at more than US$60 billion by its investors. But he will also have an incredibly tough job steering the ride-hailing company back to stability, after months of controversies and bitter infighting at the board level.

    So who is Uber’s chosen one?

    Khosrowshahi, 48, has been CEO of Expedia for 12 years. Expedia is based in Bellevue, Washington. That means Khosrowshahi has spent his tech career as part of the Seattle’s tech scene, not Silicon Valley’s. While both regions are powerhouses in the tech industry, there’s also a bit of a rivalry between them.

    Besides Amazon CEO Jeff Bezos and Microsoft’s coterie of execs, many of Seattle’s tech leaders don’t carry the same level of instant name recognition as their Silicon Valley peers. This seems to have allowed Khosrowshahi to get all the way to the final offer for Uber’s top job without anyone in the Valley so much as blinking in his direction.

    Indeed, after weeks of speculation and leaks about high profile candidates like HPE’s Meg Whitman and former GE CEO Jeff Immelt, the news of Khosrowshahi’s selection provoked a one-word reaction among many observers: Who?

    While not a tech celebrity, Khosrowshahi has had a very impressive and respectable run during his long tenure at Expedia, growing its revenues from US$2.1 billion in in 2005 to US$8.7 billion in 2016. He turned Expedia into the biggest online travel agency in the US, owning travel sites like Hotels.com, Orbitz, Trivago, HomeAway, Travelocity as well as sites for vacation rentals, car rentals and so on.

    Khosrowshahi was born in Iran but came to the US as a kid, grew up in New York State and is a US citizen. He has a degree in electrical engineering from Brown University, according to his LinkedIn, Prior to running Expedia, he was the CFO at IAC, the internet and media conglomerate chaired by Barry Diller. IAC bought Expedia in 2003, then spun it out into Khosrowshahi’s hands in 2005.

    Not afraid to speak his mind

    Before landing at IAC, Khosrowshahi was in finance, working for investment bank Allen & Co for seven years.

    He has a reputation as a good leader, according to ratings on Glassdoor, with a 93 per cent approval rating.

    Khosrowshahi is known for his strong belief in how technology is eating the world. For instance, he recently developed an obsession for voice search, and uses several voice assistants at home, he told the Financial Times Leslie Hook last month. He imagines a day when someone could book an entire travel itinerary through voice.

    He also hasn’t been afraid to speak out against President Trump, who’s immigration policies have created uncertainty for the travel industry.

    After white supremacists marched on Charlottesville, and Trump was slow to condemn them for the ensuing violence, Khosrowshahi tweeted, “I keep waiting for the moment when our Prez will rise to the expectations of his office and he fails, repeatedly.”

    His willingness to be outspoken about politics probably isn’t that surprising. He’s on the board of the The New York Times Company. He’s also on the board of sports fan apparel site Fanatics, and he’s a director on Expedia’s board.

    http://www.scmp.com/tech/leaders-fou...-ubers-new-ceo


    Ajay Chopra‏ @AjayChopra

    Immigrants - they get the job done!

  2. #2
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    Uber has chosen a new chief executive - according to two sources close to the company

    Laurie Segall, Sara Ashley O'Brien and Kaya Yurieff
    August 28, 2017

    The embattled ride-hailing startup has been without a CEO since founder and former CEO Travis Kalanick resigned in June after an investigation into the company's culture. He remains on Uber's board.

    Khosrowshahi was not among those reported to have been in the running. The short list included Jeff Immelt, the former CEO of General Electric (GE), and Meg Whitman, the head of Hewlett Packard Enterprise.

    Whitman said in June that she wouldn't move to Uber. And Immelt pulled out of the race Sunday because of problems with Uber's board, according to a source familiar with the matter.

    Expedia did not immediately respond to a request for comment outside of regular office hours.

    Khosrowshahi took the helm of Expedia (EXPE) when it spun out of InterActiveCorp's (IAC) IAC Travel division in 2005. He previously served as IAC Travel's CEO, as well as IAC's chief financial officer. Uber has been without a chief financial officer since 2015, and the company's head of finance left the company at the end of May.

    Khosrowshahi has also been a member of The New York Times Company's (NYT) board of directors since 2015.

    Expedia was one of the first tech companies to challenge President Trump's travel ban in court, citing the potential harm to its employees and customers.

    In February, during a conference call about Expedia's financial results, Khosrowshahi remarked: "[H]opefully we will all be alive to see the end of next year."

    Khosrowshahi is an Iranian immigrant. He told Bloomberg BusinessWeek that his family fled Iran just before the Iranian Revolution in 1978 when he was 9 years old.

    As Uber's new CEO, Khosrowshahi will face a big job, including repairing the company's internal culture, navigating legal battles, and reducing its financial losses.

    Last week, Uber said its sales reached $1.75 billion in the second quarter, up 17% from the previous quarter. While Uber trimmed losses, the company continues to bleed money -- $645 million in the quarter ending June 30.

    The company released its latest financial results after several mutual funds marked down the value of their stakes in Uber following a slew of PR crises.

    Uber has also faced an executive exodus this year. The company needs a CFO, COO, CMO and president. Other top executives, such as Uber's first employee and SVP of global operations, have also stepped down recently.

    At the same time, Kalanick is being sued by Benchmark, a venture capital firm that was an early Uber investor. The firm claims Kalanick is trying to "acquire the power to pack the Board to facilitate his desired re-appointment as Uber's CEO." It wants to force him off the board.

    Kalanick has disputed the allegations, calling them part of a "public and personal attack" on him by Benchmark.

    As Uber struggles, its competitors have been mobilizing abroad and at home.

    Domestic rival Lyft has raised $600 million in funding this year and saw an increase in new customers following an Uber boycott. In a blog post at the end of July, Lyft said it had completed more rides so far this year than in all of 2016.

    http://money.cnn.com/2017/08/27/tech...ceo/index.html

  3. #3
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    Uber chooses a surprising new leader

    Elizabeth Dwoskin
    August 27

    Uber has selected Dara Khosrowshahi, the chief executive of Expedia, as its new leader, a surprising turn after board members considered two other stalwarts of industry, two people with direct knowledge of the matter said Sunday.

    The move comes after a weekend of frantic meetings with two other final candidates, Meg Whitman, chief executive of Hewlett-Packard Enterprises, and Jeff Immelt, the departing chief executive of GE. Immelt made it clear the job would not be his in a tweet Sunday. And a divided board shifted between Whitman and Khosrowshahi throughout the weekend, said the people, who spoke on the condition of anonymity to discuss private meetings.

    Khosrowshahi, 48, an Iranian American who has run Expedia since 2005, was an unexpected and lesser-known choice; his interest in the position was largely kept secret until Sunday. The agreement came together only in the past few days, such that even family members and close friends of Khosrowshahi were surprised by the news.

    But within Silicon Valley, Khosrowshahi is well liked and respected. He has presided over a huge expansion of the online travel company to more than 60 countries. He also is a vocal critic of President Trump, particularly his travel ban against Muslim Americans.

    People who know Khosrowshahi said he will bring two assets to Uber. For one, he is considered even-keeled and low-key — a sharp contrast to Travis Kalanick, Uber's former chief executive and co-founder, who has been known to fly into fits of anger.

    “My whole life, anytime I've faced a high-pressure decision, my model for mature behavior has been, 'What would Dara do'? He's one of the humblest and most even-keeled people I know,” said Ali Partovi, an entrepreneur and technology investor who is Khosrowshahi’s second cousin. The two went to primary school together in Iran.

    Khosrowshahi’s other asset is his skill as a dealmaker in the highly competitive market for online travel. He has expanded Expedia into an even larger online travel conglomerate by acquiring other consumer brands, such as booking sites Travelocity and Orbitz, and home rental site HomeAway.

    That instinct for homing in on competitors in related or similar businesses may serve Uber, which faces brutal competition from Lyft as well as other ride-sharing start-ups in developing countries, and the taxi industry, which in some cities has created copycat ride-sharing apps. Uber is leveraging its network of drivers to expand into trucking and food delivery.

    Uber is the most highly valued start-up Silicon Valley has produced over the past decade, and it is expected to move toward a massive public stock offering in the coming year or so.

    Khosrowshahi will face a company in crisis. He is tasked with transforming the company’s culture, while shoring up its business in the wake of lawsuits and competition, analysts say. Morale at Uber has plummeted in the wake of eight months of controversy, including reports of widespread discrimination and sexual harassment, lawsuits that threaten the company’s future, a leadership vacuum, and the ouster of Kalanick.

    The executive search has lasted all summer and been marred by infighting among board members. After Kalanick was pushed out, he scrambled to find allies who would help him make a comeback, the people with knowledge of the matter said. That led Benchmark Capital, one of the company’s largest investors, to sue Kalanick for breach of contract and fraud, arguing in court filings that Kalanick was seeking to entrench himself in the process for his own “selfish ends.”

    Kalanick fired back in his own legal filings, calling the Benchmark suit a baseless and “personal attack.” Meanwhile, the board disagreed with the Benchmark suit, releasing a statement signed by all members except Benchmark representative Matt Cohler that it was “disappointed that a disagreement between shareholders” has resulted in litigation.

    https://www.washingtonpost.com/news/...-uber-ceo-job/

  4. #4
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    Uber já escolheu o próximo presidente: Dara Khosrowshahi

    Khosrowshahi é visto como um dos iraniano-americanos mais influentes nos EUA e integra o conselho de administração da empresa dona do The New York Times, desde 2015.

    28/8/2017

    Já há um nome para suceder a Travis Kalanick e, apesar de não ser fácil de pronunciar, é um nome bem conhecido no meio tecnológico nos EUA. Dara Khosrowshahi, de 48 anos, é presidente da Expedia, uma empresa norte-americana ligada aos portais de viagens online que fomentou, por exemplo, a marca TripAdvisor. Nasceu no Irão e emigrou para os EUA como refugiado após a revolução no país de origem, um dos países aos quais Donald Trump quis banir a entrada de pessoas assim que chegou à presidência dos EUA.

    A informação ainda não foi confirmada oficialmente, mas está a ser dada como certa por vários jornais da especialidade. Khosrowshahi era um dos três nomes mais falados para o lugar, além da presidente da Hewlett Packard, Meg Whitman — que disse logo em junho que não sairia — e o atual presidente da General Electric, Jeff Immelt — que se noticiou este domingo que também estava fora da corrida, por não ter suficiente apoio entre os acionistas da Uber.

    A expectativa é que a escolha deste gestor de 48 anos coloque um ponto final ao período de indefinição e conflito interno entre os oito membros do conselho de administração da Uber, uma empresa cuja imagem tem sofrido nos últimos anos, com denúncias de sexismo e assédio sexual entre as várias polémicas em torno da empresa, enquanto era liderada pelo fundador Travis Kalanick (que está a ser acusado de fraude por um dos principais acionistas da Uber).

    Khosrowshahi começou a carreira na banca mas rapidamente foi parar à norte-americana IAC Travel, uma empresa que viria a autonomizar as operações de viagens online sob a marca Expedia (e a nomear o gestor para liderar a nova empresa, em 2005). Uma das principais marcas da Expedia era a TripAdvisor, comprada quando ainda era muito pequena aos seus fundadores e fomentada pela IAC/Expedia — a TripAdvisor viria, por sua vez, a ser autonomizada e vendida em bolsa.

    A boa gestão e os resultados obtidos na Expedia valeram a Dara Khosrowshahi a distinção de “Empresário do Ano”, pela consultora EY, na região Pacífico-Noroeste dos EUA, em 2013. É visto como um dos iraniano-americanos mais influentes nos EUA e integra o conselho de administração da empresa dona do The New York Times, desde 2015.

    Um imigrante vindo do Irão, Khosrowshahi não tem escondido o seu desdém pela presidência Trump — sobretudo desde que o magnata lançou o chamado muslim ban poucos dias depois de tomar posse, tentando impedir a entrada nos EUA de pessoas provenientes de uma lista de países, incluindo o Irão.

    “É importante ter fronteiras seguras, mas ao mesmo tempo não podemos esquecer como é que chegámos até aqui. Somos um país feito pela imigração”, disse numa entrevista ao Financial Times, no início deste ano.

    Aquilo que alguns norte-americanos não compreendem é quão forte é a marca do sonho americano. Eu sou um exemplo de quão forte essa marca é. E, agora, o nosso presidente está a tentar tirá-la de algumas pessoas, pessoas de determinadas origens e de determinadas crenças religiosas. Julgo que isso é triste e vai contra aquilo que os nossos fundadores quiseram construir”.

    Poucas semanas depois da chegada ao poder de Donald Trump, durante uma conferência telefónica com analistas da Expedia, Khosrowshahi disse, meio a brincar, que “esperemos chegar todos vivos ao final do próximo ano” — isto numa resposta a um analista sobre as perspetivas de lucros da empresa no médio prazo.

    Ainda assim, a chegada ao poder de Donald Trump é vista pelo empresário como um sinal de alerta — que mostra que os empresários ligados às novas tecnologias estão “desligados” do mundo real, e foi esse “mundo real” que elegeu o magnata para presidente.

    As tech leaders we have to admit that we are hugely disconnected with our nation. I don't like it but have to recognize this issue.

    — dara khosrowshahi (@dkhos) November 9, 2016

    http://observador.pt/2017/08/28/uber...-khosrowshahi/

  5. #5
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    Nvidia blocks Iranian IP addresses from accessing its website

    Nvidia's measure comes just days after Apple began removing Iranian applications from its iOS application store.

    Xinhua
    2017-08-28

    The software download page of Nvidia.com does not allow Iranian IP addresses to access updated software. The site now says "403 -- Forbidden."

    Nvidia's another website, geforce.com, is also blocked to Iranian web users. That website says "access denied" followed by a message saying "the request was blocked by the security rules."

    When the user contact the company's online help service to ask why Iranians have been suddenly banned from using their software, Nvidia responded that "we regret to inform you that Geforce NOW and Geforce Experience is not available in embargoed nations."

    Prior to Iran's international nuclear deal in 2015, several software companies in the United States and Europe blocked Iranians from accessing downloads.

    However, since then several companies quietly removed restrictions on Iranian Internet users.

    Nvidia's measure comes just days after Apple began removing Iranian applications from its iOS application store.

    On Thursday, Apple removed Snapp, a ride-hailing app similar to Uber that is popular in Iran, from its app stores. That was followed by the removal in recent weeks of apps for food delivery, shopping and other services.

    In a message to Iranian developers whose apps were affected by the ban, Apple said, "under the U.S. sanctions regulations, the app store cannot host, distribute or do business with apps or developers connected to certain U.S. embargoed countries."

    In January, Apple shut down a number of Iran-based iOS apps from the app store, including online e-commerce service Digikala.

    "Since Apple takes a cut of all app store purchases, sales from Iranian apps generate revenue and are thus in violation of U.S. law," Apple said.

    In response, Iran's minister of telecommunication and information technology said Friday that his country would legally sue the decision by Apple for removing Iranian apps from its app store.

    Apple holds 11 percent share of the Iranian cellphone market, however, it has not observed the Iranian consumer rights, said Mohammad Javad Azari-Jahromi.

    http://news.xinhuanet.com/english/20..._136562371.htm

  6. #6
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    Expedia CEO Khosrowshahi asked to lead Uber: memo

    August 28, 2017

    Expedia Inc Chief Executive Dara Khosrowshahi is poised to accept an offer to be Uber Technologies Inc’s CEO, according to an internal memo sent to Expedia staff, ending a drawn-out search for the next head of the ride-services company.

    “Nothing has yet been finalized, but having extensively discussed this with Dara, I believe it is his intention to accept,” Expedia Chairman Barry Diller wrote in the memo seen by Reuters.

    Uber could not be immediately reached for comment. The San Francisco-based company has an all-hands meeting at 10 a.m. (1700 GMT) in which it is expected to discuss the issue.

    Travis Kalanick, Uber’s pugnacious co-founder, was ousted as CEO in June after shareholders representing about 40 percent of the company’s voting power signed a letter asking him to step down amid growing concern over his leadership and the behavior of senior managers under him.

    Reuters reported on Sunday that Uber had chosen Khosrowshahi as CEO.

    Khosrowshahi, 48, would take on the daunting task of leading Uber out of a nearly year-long crisis. That includes mending Uber’s image, repairing frayed relations with investors, rebuilding employee morale and creating a profitable business after seven years of losses.

    Shares of Expedia, which Khosrowshahi has run for 12 years, were down more than 4 percent in morning trade.

    http://www.reuters.com/article/us-ub...-idUSKCN1B81K5

    E se na reunião das "1700 GMT" decidirem pela Exterminadora da HPE?

  7. #7
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    Uber will no longer track your location after your ride is over

    Uber to end post-trip tracking of riders as part of privacy push.

    Back in 2012 the company also proudly and publicly quantified users’ one-night stand data — which kinda tells you everything you need to know about Uber’s formative attitudes to user privacy under founder Travis Kalanick.

    Earlier this month Uber agreed to settle an FTC privacy and security investigation by putting in place a comprehensive privacy program — including agreeing to 20 years of external audits.

    Dustin Volz
    August 29, 2017


    Uber Technologies Inc is pulling a heavily criticized feature from its app that allowed it to track riders for up to five minutes after a trip, its security chief told Reuters, as the ride-services company tries to fix its poor reputation for customer privacy.

    The change, which restores users’ ability to share location data only while using the app, is expected to be announced on Tuesday and rolled out to Apple Inc iPhone users starting this week. It comes as Uber tries to recover from a series of crises culminating in the ouster of Chief Executive Travis Kalanick and other top executives.

    Dara Khosrowshahi, the CEO of travel-booking company Expedia Inc is set to become Uber’s new chief executive, sources have told Reuters.

    The location-tracking update is unrelated to executive changes, said Joe Sullivan, Uber’s chief security officer, in an interview with Reuters. Sullivan and his team of about 500 have been working to beef up customer privacy at Uber since he joined in 2015.

    “We’ve been building through the turmoil and challenges because we already had our mandate,” said Sullivan, who is a member of the executive leadership team that has been co-running Uber since Kalanick left in June.

    An update to the app made last November eliminated the option for users to limit data gathering to only when the app is in use, instead forcing them to choose between letting Uber always collect location data or never collect it.

    Uber said it needed permission to always gather data in order to track riders for five minutes after a trip was completed, which the company believed could help in ensuring customers’ physical safety. The option to never track required riders to manually enter pickup and drop-off addresses.

    But the changes were met with swift criticism by some users and privacy advocates who called them a breach of user trust by a company already under fire for how it collects and uses customers’ data. Uber said it never actually began post-trip tracking for iPhone users and suspended it for Android users.

    Sullivan said Uber made a mistake by asking for more information from users without making clear what value Uber would offer in return. If Uber decides that tracking a rider’s location for five minutes is valuable in the future, it will seek to explain what the value is and allow customers to opt in to the setting, he said.

    Sullivan said Uber was committed to privacy but had previously suffered “a lack of expertise” in the area.

    The change comes two weeks after Uber settled a U.S. Federal Trade Commission complaint that the company failed to protect the personal information of drivers and passengers and was deceptive about its efforts to prevent snooping by its employees.

    Uber agreed to conduct an audit every two years for the next 20 years to ensure compliance with FTC requirements.

    The location-tracking changes will initially only be available to iPhone users, but Uber intends to bring parity to Android devices, Sullivan said.

    The changes are part of a series of updates expected in the coming year to improve privacy, security and transparency at Uber, Sullivan said.

    https://www.reuters.com/article/us-u...-idUSKCN1B90EN

  8. #8
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    Dara Khosrowshahi Steps Into Brighter Spotlight


    Mr. Khosrowshahi, in 2015, was the highest-paid executive in America

    DAVID STREITFELD and NELLIE BOWLES
    AUG. 28, 2017

    Dara Khosrowshahi’s family immigrated to the United States from Iran in 1978, when their country was convulsed by revolution. They were not particularly welcomed in America, and were broke.

    “Every one of us cousins had a chip on our shoulders, having lost everything to the new Iranian government,” said Hadi Partovi, a cousin of Mr. Khosrowshahi’s. “We had a desire to build anew as entrepreneurs.”

    Mr. Khosrowshahi, 48, is on the threshold of becoming one of the world’s most prominent entrepreneurs. On Sunday night, he was selected to be chief executive of Uber, the ride-hailing company that is the world’s most valuable start-up. The deal is almost official, according to the travel reservations site Expedia, which Mr. Khosrowshahi currently runs.

    The news follows six months of extraordinary turmoil at Uber. Mr. Khosrowshahi will succeed Travis Kalanick, an Uber co-founder and the company’s driving force, who was forced to step down in June as the business was rocked by one scandal after another.

    His task will be to repair the internal culture, which had moved beyond gung-ho start-up to a company known for its divisiveness and tolerance for harassment. He will have to build Uber’s business while preparing it for a self-driving future that competitors hope to dominate themselves. Sooner or later he will likely take Uber public.

    There is also the wild card of Mr. Kalanick, who might seize on any trouble to mount a comeback. And finally, he will have to manage all this under a much brighter spotlight than he has worked under before.

    Mr. Khosrowshahi was a long-shot candidate whose name did not become public until he had the job. Expedia is based in Bellevue, Wash., which makes him a Silicon Valley outsider. He had not commented on his new job as of Monday afternoon.

    At the same time in June that Mr. Kalanick was noisily being ejected from his company, Mr. Khosrowshahi had a problem of his own — his parents. Glassdoor, a site where employees rank their companies, released its 2017 list of the top chief executives. Mr. Khosrowshahi’s score had dropped.

    His parents weighed in with that combination of celebration and criticism that many immigrant children know well. As Mr. Khosrowshahi reported on Twitter, his mother said, “Nice! You made the top 100!” But his father pointed out: “#39 is good but you were #11 in 2015.”

    His parents, Lili and Gary (short for Asghar) Khosrowshahi, were prosperous members of the Iranian elite in the 1960s and 1970s. Gary was an executive at an industrial conglomerate, where he worked with relatives. They fled as the government of Shah Mohammed Reza Pahlavi collapsed.

    The family made it to Tarrytown, N.Y., and lived with relatives. “For the grown-ups, it was a difficult transition,” Dara Khosrowshahi told Bloomberg Businessweek this year. “The kids were able to party together, so it was fun.”

    Four years later, Gary went back to Iran to take care of his ailing father, and he was detained for six years before he could return. Lili raised three children alone.

    “His mom raised him to be direct with people,” said Mr. Partovi, the cousin. “By far the biggest challenge he faced, which is what all of us faced, was having to come to a new country and assimilate. Being an Iranian in America in the 1980s was not pleasant. People were singing ‘Bomb bomb bomb Iran.’ ”

    But the tense environment also pushed them to succeed.

    Mr. Partovi and his twin brother Ali were early investors in Facebook, Dropbox, Airbnb and, as it happens, Uber; Dara’s brother, Kaveh Khosrowshahi, is a managing director at the investment firm Allen & Company; another cousin, Farzad “Fuzzy” Khosrowshahi, played a major role in the creation of Google Docs; yet another cousin, Amir Khosrowshahi, is an executive at Intel; and Avid Larizadeh Duggan, also a cousin, is a general partner at Google Ventures.

    Mr. Khosrowshahi, in 2015, was the highest-paid executive in America as calculated by Equilar. Thanks to a large stock option grant, he made $94.6 million. In 2016, without the grant, his pay was $2.5 million.

    Mr. Khosrowshahi, in addition to running Expedia since 2005, joined the board of The New York Times Company in 2015.

    His route to success took him to the investment firm of Allen & Company, where he spent most of the 1990s as an analyst. Barry Diller was a client, and Mr. Khosrowshahi eventually went to work for the media mogul.

    In 2001, Mr. Diller acquired Expedia, a travel booking site founded by Microsoft. Four years later, Mr. Khosrowshahi became Expedia’s chief executive. The site has flourished, acquiring three major competitors in 2015 alone. Shares in the company, which is now publicly traded, have risen 35 percent over the last year, despite competition from Priceline on one flank and Airbnb on another.

    “If Dara does leave us, it will be to my great regret but also my blessing — he’s devoted 12 great years to building this company and if this is what he wants for his next adventure it will be with my best wishes,” Mr. Diller said in a note to Expedia employees on Monday.

    Uber, like Expedia a decade ago, has enormous promise but also faces enormous challenges. Mr. Khosrowshahi’s supporters believe he can fix the problems.

    “He’s a global travel executive — he understands competitive dynamics, geopolitical challenges, and the operating challenges of running a sprawling global travel company,” said Brad Gerstner, founder of Altimeter Capital, an investor in Uber as well as Expedia.

    Under Mr. Kalanick, some Uber executives were considered untouchable, which contributed to a poisonous atmosphere. Shana Fisher, who worked with Mr. Khosrowshahi at Mr. Diller’s IAC and is now a venture capitalist, said, “People don’t get an excuse with Dara. They have to be good and good. Good and good. He doesn’t have tolerance for less than that.”

    Mr. Khosrowshahi’s experiences as an immigrant gave him a personal perspective on the executive order that President Trump signed restricting travel from seven predominantly Muslim countries this year.

    Expedia, along with Amazon, gave early support to a lawsuit filed by Washington State’s attorney general objecting to the travel ban. Around the same time, Mr. Khosrowshahi described his early experience as an immigrant in an email to employees.

    “We sure didn’t feel like refugees, but in hindsight I guess we were — my father and mother left everything behind to come here — to be safe and give their boys a chance to rebuild a life,” he wrote.

    He has repeatedly expressed concerns about Mr. Trump, most recently on Aug. 15, when he tweeted: “I keep waiting for the moment when our Prez will rise to the expectations of his office and he fails, repeatedly.”

    Lili and Gary are clearly watching their son rise to their own expectations. After he was interviewed by Jim Cramer, the host of the financial TV show “Mad Money,” in May, Dara posted on Twitter: “didn’t screw it up (according to mom).”

    https://www.nytimes.com/2017/08/28/t...-uber-ceo.html

  9. #9
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    Expedia CEO says he’s likely to take Uber job

    Leslie Hook
    2017-08-29

    Two days after being offered Uber’s top job, Dara Khosrowshahi, who is currently chief executive of Expedia, says that he has still not signed his contract but is likely to take the position.

    Mr Khosrowshahi made his first public remarks about what he sees ahead for Uber in interviews as part of an Expedia media day – comments that were unusual because Uber has still not formally announced his appointment, and Expedia has not announced he is leaving.

    “It’s definitely the opportunity of a lifetime,” he told Bloomberg. “Are there difficulties? Are there complexities? Are there challenges? Absolutely, but that’s also what makes it fun. I am not in this to coast. I’m in it to get my hands dirty and build a team and do something that people will look back on with tons of satisfaction.

    Mr Khosrowshahi was offered the job on Sunday after a unanimous vote by Uber’s board, beating out other candidates including Jeff Immelt and Meg Whitman, but he has not yet accepted the offer.

    Mr Khosrowshahi said that details of his contract were still being worked out, in remarks to The Wall Street Journal on Tuesday in Seattle.

    One of the issues that has yet to be clarified by Uber is what role Travis Kalanick, Uber’s former chief executive, will play at the company. Mr Kalanick sits on Uber’s board and controls three board seats. He has said that he hopes to remain involved in the company even after being ousted by investors in June.

    https://www.ft.com/content/9931a3bf-...b-c754f9a1ca77

  10. #10
    WHT-BR Top Member
    Data de Ingresso
    Dec 2010
    Posts
    18,556

    The DOJ is looking into claims that Uber violated foreign bribery laws

    Johana Bhuiyan
    Aug 29, 2017

    Uber is fielding questions from a federal agency for the third time this year.

    The Department of Justice is beginning to look into claims that Uber violated the Foreign Corrupt Practices Act, which prohibits bribing foreign officials to obtain and retain businesses.

    The Wall Street Journal first reported the investigation. Uber has confirmed that it is cooperating with the agency’s inquiry, which is in the preliminary stages.

    This is the second time the DOJ probed the company; the previous time, it was for Uber’s use of software to avoid local authorities. The company also recently settled an FTC investigation into its privacy practices, agreeing to 20 years of privacy checkups.

    Uber operates in more than 80 countries around the world, and has come up against initial resistance from local officials in many of those regions. While the company is still seeing roadblocks in some parts of Europe, it has scaled relatively quickly in parts of Asia and Latin America.

    The company recently faced regulatory issues in the Philippines, which was the first country to pass nationwide ride-hail regulations. Uber was suspended for a month after failing to follow an order from local officials to stop adding drivers to its platform. On Tuesday, Uber restarted its operations there after paying a penalty.

    https://www.recode.net/2017/8/29/162...ribery-foreign

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