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Don’t miss the latest developments in business and finance.
Uber not planning for any company-wide layoffs, says CEO Khosrowshahi
Dara Khosrowshahi's statement comes days after several IT companies have decided to hand over pink slips to their employees
Travis Kalanick cuts all ties with Uber; leaves board, sells all shares
Kalanick, 43, has sold all of his remaining shares in the ride-hailing giant and plans to focus on his new business and philanthropic endeavours
Car ownership is a trap that can be prevented: Uber CEO Dara Khosrowshahi
He says the younger generation doesn't dream of owning a car, but instead wants the freedom of having any service on demand
Inside the new proposal that exacerbated Uber's board divisions
Recently Travis Kalanick appointed two new directors - Ursula Burns and John Thain to the company without informing them
