July 23, 2017

What’s next for Uber?



screen shot of Uber application showing on Asus Zenfone 2 mobile phone
Copyright: kasinv / 123RF Stock Photo

The smartest insight and analysis, from all perspectives, rounded up from around the web:

Travis Kalanick’s “spectacular flameout is one for the ages,” said Adam Lashinsky at Fortune . The CEO and co-founder of Uber unexpectedly stepped down last month, after the ride-hailing giant’s biggest investors confronted him with a list of demands that included his immediate resignation. In just eight years, Kalanick built Uber into an industry-defining company worth nearly $70 billion, but his stubborn disregard for ordinary business practices ultimately became his undoing.

Things first began to unravel in February, when a former Uber employee published a damning blog post describing a culture of rampant sexual harassment at the company. Since then, there has been a steady drumbeat of unsavory revelations, including that Uber designed software to dupe regulators; that it allegedly stole Google’s self-driving car technology; and that Kalanick himself could be a real jerk, as seen in a viral video of the CEO berating an Uber driver. Kalanick’s “wild ride” is now over, and it’s not clear where Uber goes from here.

The company has a unique opportunity to rebuild its culture, but “it may be years before Uber 2.0 is realized,” said Anna Wiener at […]

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About NGE Staff 9504 Articles
The News for the Gig Economy Staff is constantly searching the web for the latest news regarding freelancing and gig platforms to bring them to you in one handy place. All articles with this generic author have been sourced with the original location at the bottom of the piece. We encourage our readers to view the original source of all excerpts. NGE is a project of ARC Online, LLC.

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