Tag: Dara Khosrowshahi

Uber CEO aims to get into cheap rides in ‘Toughest Market’ India
Technology

Uber CEO aims to get into cheap rides in ‘Toughest Market’ India

[ad_1] Uber Technologies Inc. wants to quicken an expansion into the cheaper but potentially larger market for two- and three-wheeled rides in India, extending a long-running rivalry with local provider Ola.Chief Executive Officer Dara Khosrowshahi on Thursday talked about how Uber was trying out services from scooters to motorbikes in what he called his “toughest market,” providing a model for expansion in other countries. The CEO also broached the idea of bus services during an onstage conversation in Bangalore with Nandan Nilekani, the billionaire co-founder and chairman of IT services company Infosys Ltd. Khosrowshahi is an infrequent visitor to an Asian country that represents one of his larger markets, particularly after pulling out of China and Southeast Asia. Uber just scored it...
Apple CEO Tim Cook among the most popular tech CEOs in the world
Technology

Apple CEO Tim Cook among the most popular tech CEOs in the world

[ad_1] A new survey has revealed some shocking information about employee approvals for their CEOs in the tech space. According to its results, 83 percent of the employees approve of the work Tim Cook is doing as the CEO of Apple. On the other hand, X chief Linda Yaccarino found herself among the lowest-ranked tech CEOs with an approval rating of just 4 percent. That means, only four out of one hundred employees thought of her work as the head of the company as significant or to have a positive impact.The survey was done by Blind, a social media platform geared towards anonymous verified employees to create a community. It has around 9 million users at present. The survey was done to find the approval rating for 103 CEOs based on employee feedback. The results were formed after 13,171 v...
Uber Is Developing an AI-Powered Chatbot to Integrate Into App
Technology

Uber Is Developing an AI-Powered Chatbot to Integrate Into App

[ad_1] Uber Technologies Inc. is developing an artificial intelligence-powered chatbot to integrate into its app, joining the long list of companies that are turning to the language tool to improve customer service, marketing and other automated tasks.“We're working on it right now,” Chief Executive Officer Dara Khosrowshahi said Tuesday in an interview on the Bloomberg Technology show. He didn't provide details on the specifics of what the chatbot would be capable of doing, but highlighted the ways Uber currently uses AI in its business. “We have been working with machine learning, artificial intelligence systems for years and years,” he told Emily Chang. “Every time you get matched up with a car or a courier, there are algorithms making that happen, from the time of day, distance, all...
Uber CEO Has Some Bad News For Riders!
Technology

Uber CEO Has Some Bad News For Riders!

[ad_1] Uber Technologies Inc.’s elevated ride-share prices may be here to stay, according to Chief Executive Officer Dara Khosrowshahi. Uber Technologies Inc.'s elevated ride-share prices may be here to stay, according to Chief Executive Officer Dara Khosrowshahi. “I don't think prices are going to go down to pre-pandemic levels but we have seen pricing ease,” Khosrowshahi said in a Bloomberg Television interview discussing the ride-hailing giant's third-quarter results. On Tuesday, Uber reported revenue during the period ending Sept. 30 increased 72% to $8.34 billion and adjusted earnings before interest, tax, depreciation and amortization of $516 million. Khosroshahi said that while consumer spending on the platform remains resilient, the company is still bracing for an uncer...