Eric Newcomer

Business, Technology, Logistics

Uber to Cut About 400 Employees, Citing ‘Mediocre Results’

Uber Uber CEO Dara Khosrowshahi (Akio Kon/Bloomberg News)

Uber Technologies Inc. said it’s cutting a third of its marketing department globally, as the CEO seeks to address concerns that the business is slowing down.

Eric Newcomer | Bloomberg News
July 29, 2019
Business, Technology, Autonomous

Toyota Invests $500 Million in Uber

Uber sign Eric Risberg/Associated Press

Toyota Motor Corp. is expanding an alliance with Uber Technologies Inc. through a new investment and a plan to get self-driving cars on the road, a person familiar with the matter said.

Eric Newcomer | Bloomberg News
August 27, 2018
Business, Technology, Autonomous

Uber CEO to Take Leave, Diminished Role After Workplace Scandals

Qilai Shen/Bloomberg News

Uber Technologies Inc. CEO Travis Kalanick told staff he plans to take a leave of absence, without disclosing a return date. The company will strip him of some duties and appoint an independent chair to limit his influence after a slew of scandals, according to an advance copy of a report prepared for the board.

Eric Newcomer | Bloomberg News
June 13, 2017
Business, Technology, Autonomous

Uber Demotes Man at Center of Waymo Self-Driving Car Lawsuit

TT File Photo

Anthony Levandowski, who is at the center of Alphabet Inc.’s trade secrets lawsuit against Uber Technologies Inc., stepped down from his post overseeing self-driving car technology

Eric Newcomer | Bloomberg News
May 1, 2017
Business, Technology, Autonomous

California DMV Calls Uber's San Francisco Self-Driving Cars Illegal

Uber Technologies Inc.

Uber Technologies Inc. has reverted to one of its bad-boy habits: ignoring regulators. California Department of Motor Vehicles officials said Dec. 14 that the ride-hailing provider is breaking the law by rolling out self-driving cars in San Francisco without their approval.

Eric Newcomer | Bloomberg News
December 15, 2016
Business, Technology, Autonomous

Flexport Wants to Be the Uber of Ocean Freight

Patrick T. Fallon/Bloomberg News

Uber Technologies Inc. is changing the way people move around cities; Flexport wants to do the same with cargo in the holds of ocean-going containerships.

Eric Newcomer | Bloomberg News
May 11, 2015