WeWork co-founder and former Chief Executive Adam Neumann is set to reap an extra $50 million windfall and other benefits as part of an agreement.
Hyundai is acquiring a majority stake in Boston Dynamics, the maker of robotic dog Spot.
Following their court win allowing their proposed merger to move forward, T-Mobile and Sprint have come to new terms.
T-Mobile and Sprint may have been cleared for their merger by U.S. District Judge Victor Marrero, but T-Mobile parent Deutsche Telekom may be going back to the drawing board in some respects.
After testimony from both T-Mobile and Sprint executives claiming the number four carrier cannot survive without the merger with T-Mobile, Sprint’s former CEO Marcelo Claure flipped the script and claimed the company could be viable on its own. Bloomberg is…
The Wall Street Journal reported earlier this week that WeWork was in talks with T-Mobile CEO John Legere to take over at the office space company. Now, according to Alex Sherman at CNBC, Legere is not taking the job. In…
Scale is the primary driver toward profitability, says Uber CEO Dara Khosrowshahi. It’s getting big. It’s a combination of growing top-line over 35 percent, technology innovation to delight the customer and take costs down at the same time, and then good old fashioned efficiency, making sure that our corporate costs don’t grow as fast as our revenue.
“Autonomous driving is coming no matter what,” says Says SoftBank CEO Masayoshi Son. SoftBank is Uber’s largest shareholder. “That’s the destiny of where technology is going to drive us,” he added. “When autonomous driving comes the cost of providing the service will dramatically get more efficient.”