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TECH 25 Aug 2017 | 4:00 AM

Uber battle escalates as investors try to intervene in Benchmark lawsuit

A battle among shareholders over Uber Technologies Inc escalated on Thursday as some investors sought to fight a lawsuit by shareholder Benchmark Capital against ousted chief executive Travis Kalanick.

TECH 14 Aug 2017 | 6:30 AM

Benchmark Uber suit signals end of era for imperious founders

When Benchmark Capital filed a lawsuit against Travis Kalanick for using allegedly fraudulent means to pack the Uber board with his loyalists, it sent a strong signal that Silicon Valley’s so-called founder-friendly era is coming to an end.

TECH 14 Aug 2017 | 3:51 AM

Uber, beset by scandal, faces battle over ‘destructive’ lawsuit

Uber is facing a divided board of directors and angry shareholders after investor Benchmark Capital filed a lawsuit against the company's ousted chief executive, dealing another blow to the firm.

TECH 11 Aug 2017 | 1:44 AM

Uber investor sues to force former CEO Kalanick off board

Venture capital firm Benchmark Capital is suing former Uber Chief Executive Officer Travis Kalanick to force him off the board of the ride services company and rescind his ability to fill three board seats.

TECH 09 Jun 2017 | 8:00 AM

India's Infosys denies promoters selling stake in company

Infosys Ltd denied a media report that the founders of India's second-biggest software services exporter were looking to sell their entire 12.75% stake in the company.

TECH 08 May 2017 | 9:05 AM

More bucks for Bang: Netmarble founder urges South Korea to support startups

When mobile gaming firm Netmarble Games debuts, its founder Bang Jun-hyuk will be the only billionaire in South Korea's top-10 wealthiest stock holders with no ties to the chaebol.

TECH 14 Apr 2017 | 7:00 AM

Tesla's Musk tells disgruntled shareholders: Buy Ford

A group of Tesla Inc investors has urged the luxury electric car maker to add two new independent directors to its board, without ties to chief executive Elon Musk, to "provide a critical check on possible dysfunctional group dynamics."

TECH 12 Apr 2017 | 4:30 AM

Uber offers free rides on Turkish referendum day

Facing stiff competition from rivals in Istanbul, taxi hailing app Uber will offer free rides in the Turkish city on Sunday for voters taking part in the hotly contested referendum.

TECH 20 Mar 2017 | 4:37 AM

Vodafone to merge India operations with Idea Cellular

Britain's Vodafone Group will merge its Indian subsidiary with local rival Idea Cellular within two years.

TECH 09 Jan 2017 | 8:54 AM

US intel report: Putin directed cyber campaign to help Trump

Russian President Vladimir Putin ordered an effort to help Republican Donald Trump's electoral chances by discrediting Democrat Hillary Clinton in the 2016 presidential campaign, US intelligence agencies said in an assessment.