khosrowshahi

“We sit on the same table… the distance has probably allowed healing to happen,” Uber’s chief executive Dara Khosrowshahi told ETtech in an interview, when asked about his relationship with the San Francisco-based ride-hailing giant’s founder Travis Kalanick, who was replaced by the 54-year-old chief executive.“He was really hurt by what happened and he was very passionate about Uber... He's still passionate about the company even though he doesn't own a share…He is very happy about what's happened with Uber (now) and to…

Uber Technologies will keep a laser-sharp focus on its core mobility business in India, consolidate its market share and not be distracted with other offerings and services, according to CEO Dara Khosrowshahi. While rival Ola dabbles with multiple "shiny, new efforts and (an) IPO", Uber will continue to build its ride-hailing business which has immense potential for growth, he told ET in an exclusive interview.The 54-year old, who has steered Uber to profits of $1.1 billion globally in 2023, said the Indian arm was now a…

Happy Monday! Uber Technologies will be laser-focussed on its mobility business in India and consolidate its market share, CEO Dara Khosrowshahi told ET in an exclusive interview. More on this in today’s ETtech Morning Dispatch.Also in the letter:■ Explained: The boardroom battle at Byju’s■ Accenture’s revenue bet on GenAI■ India’s first text-to-image generator Exclusive | While Ola taps new roads, our focus still ride-hailing: Uber CEO Dara KhosrowshahiIn an exclusive interview with ET, during a four-day trip to India,…

Dara Khosrowshahi, who took over as the chief executive of Uber Technologies in 2017 when the San Francisco-based mobility company was traversing its most controversial period, is now being hailed as tech’s newest turnaround chief. The Iran-born executive, who replaced Uber’s go-for-broke founder Travis Kalanick, has steered the company to profitability in a business which most experts thought would never make money. In a wide-ranging interview with ET’s Pranav Mukul, Samidha Sharma and Surabhi Agarwal, Khosrowshahi, who…

Today, I’m talking with Golnar Khosrowshahi, the founder and CEO of Reservoir Media, a newer record label that I think looks a lot like the future of the music industry.You might not have heard of Reservoir, but you’ve definitely heard of the artists it works with. Everyone from A-ha and John Denver to Evanescence to Joni Mitchell and even legendary film composer Hans Zimmer. What makes Reservoir different is that Golnar built the company through acquisitions. You might think of a traditional record label as sending…

Uber Technologies Inc forecast fourth-quarter operating profit above Wall Street estimates, betting on cost controls and rising demand for its rides as customers resume spending more on travel, sending its shares up 13 percent. With cities reopening and travel booming, consumers are shifting their budgets to services, Chief Executive Dara Khosrowshahi said, compared to the two years of COVID-led lockdowns when they had limited spending to basic needs. "Right now, frankly, we're not seeing any signs of consumer…

Joe Sullivan, the former chief security officer at Uber, has been found guilty of covering up the massive 2016 cyber attack when a hacker downloaded the personal information of more than 57 million people.This may be the first time a senior company executive faced criminal prosecution over a hack.Read AlsoAccording to the Washington Post, Sullivan was convicted of federal charges "stemming from payments he quietly authorised to hackers who breached the ride-hailing company in 2016".Sullivan was found "guilty of…