Dara Khosrowshahi

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Uber Truce Cuts Power of Ex-CEO

Agreement clears way for IPO, sources say

(Newser) - Uber is curbing the power of former CEO Travis Kalanick and taking on Japan's SoftBank Group as a major new investor as the service tries to recover from internal strife and a myriad of legal headaches. The changes adopted unanimously Tuesday by Uber's 11-member board strip Kalanick and... More »

Uber Gains a 'Scared' CEO

Dara Khosrowshahi is leaving Expedia to lead ride-sharing company

(Newser) - Uber's board has indeed made its "truce choice" for a new CEO. Per Recode , Dara Khosrowshahi, who's helmed Expedia since 2005, has officially been designated the new head of Uber after former CEO Travis Kalanick's drama-filled June resignation . Khosrowshahi penned a memo to his Expedia staff... More »

Uber Finds 'Truce Choice' for New CEO

Job will be offered to Expedia's Dara Khosrowshahi

(Newser) - After weeks of rumors that ousted Uber CEO Travis Kalanick's successor would be Meg Whitman, GE's Jeffery Immelt, or even Kalanick himself , the company's board has finally made a decision. Sources tell the Wall Street Journal and the BBC that after Immelt ruled himself out over the... More »

Expedia Moves to Capture European Market

Travel giant hopes half of revenue will come from abroad within 5-6 years

(Newser) - Citing saturation in US travel, Expedia will move aggressively to seize European market share, reports the Financial Times, with hopes that half its revenue will be international within 5 or 6 years. The travel giant hopes to move in while European competitors Thomas Cook and Tui Travel are distracted with... More »

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