Category Archives: Uber

Hubert Horan: Can Uber Ever Deliver? Part Fourteen: The New Yorker Lays Out the Template for Pro-Uber Propaganda

Dissecting the New Yorker’s fawning profile of new Uber CEO Dara Khosrowshahi.

Can Uber Ever Deliver? Part Thirteen: Even After 4Q Cost Cuts, Uber Lost $4.5 Billion in 2017

How the business press got the story on Uber’s latest financial report wrong.

Can Uber Ever Deliver? Part Twelve: Brad Stone and Bloomberg Continue To Get the Uber Story Badly Wrong

How Brad Stone’s piece about “bad boy” Travis Kalanick is yet another effort to tell the most pro-Uber story possible at this point in time.

Can Uber Ever Deliver? Part Eleven: Annual Uber Losses Now Approaching $5 Billion

Uber’s ever-widening losses confirms Hubert Horan’s thesis that Uber has no credible path to profit absent a radical downsizing.

MIT Professor Angrist Publishes Obviously Misleading Analysis of Uber Driver Economics….With Uber Chief Economist as Co-Author

More Uber boosterism masquerading as analysis.

Judge Slams Uber for Withholding, Possibly Destroying Evidence in Waymo Trial; May Undermine Uber in Other Litigation

Uber is in serious hot water in the Waymo trial. If Uber did try pulling a fast one on the court, the blowback could extend to other cases.

Uber and SoftBank Might Finally Have a Deal….But What Does It Mean?

It’s taken Uber four months to perhaps cinch a deal with SoftBank, while the spectacularly loss-making company is no closer to making money.

Uber Board Members Kiss and Make Up (for Now), but Long-Term Problems Remain

Uber may have bought itself more time with a conditional pact among its big shareholders, but it hasn’t solved its fundamental problems.

Hubert Horan: Naked Capitalism – Your Guide to Money and Power

Unlike the media and just about any other site, Naked Capitalism focuses relentlessly on how economic, political, and power dynamics intersect

Could a Foreign Corrupt Practices Investigation Become a Serious Problem for Uber?

An FCPA case against Uber would be extremely damaging, and there are good reasons why the DoJ would be game to pursue one.

What Does the Surprise Selection of Expedia’s Dara Khosrowshahi as CEO Mean for Uber?

Does the choice of Expedia’s Dara Khosrowshahi to be Uber’s CEO increase the odds of the local transportation company’s success?

More Duelling Court Filings in Uber’s Kalanick v. Benchmark Death Match

An update on the pitched battle at Uber between the Kalanick and Benchmark factions.

Mutual Funds Cut Uber Valuation by as Much as 15%

It’s getting harder to put lipstick on the Uber pig.

Uber PR Story on Supposed Financing Falling Apart as Warring Board Members Trade Barbs

Things are so bad at Uber that planted stories are falling apart within days.

New York Times Claims Bidders Circling Uber….But How Serious Is This, Really?

The Uber soap opera continues, and the New York Times is doing its part by applying lots of porcine maquillage.