Uber Technologies (Seite 17)

[faultcode]

Uber gutted Carnegie Mellon’s top robotics lab to build self-driving cars

19.5.
https://www.theverge.com/transportation/2015/5/19/8622831/ub…
A 'partnership' based on poaching

=>
This January, as much of the world was getting over its post-holiday hangovers, people began disappearing from Carnegie Mellon University's robotics center. At first it was only a few individuals, mostly software developers. Then it became an entire team, and eventually the group included the center's director.

They weren't going far.

Just around the corner, Uber had set up shop in a renovated building that used to be a chocolate factory. Most people at CMU's National Robotics Engineering Center (NREC) didn't even know it yet, but in a building that shared the very same parking lot, the ride-hailing company had embarked on a multi-year project to replace human drivers with computers. And to do that, they'd need all the help they could get. So Uber got to work snapping up some of the company's most talented staffers.

"They took all the guys that were working on vehicle autonomy — basically whole groups, whole teams of developers, commercialization specialists, all the guys that find grants and who were bringing the intellectual property," recalls a person who was there during the departures. "These guys, they took everybody."

...

For Uber, though, this all seems like another footnote in the company's quest to get somewhere better and faster than its rivals can. Poaching an entire team may not even be the most dramatic business move it makes this year. But the company has definitely left its mark in Pittsburgh.

[faultcode]

Österreich plant neues Taxi-Gesetz - Uber droht mit Rückzug

19.6.
https://www.finanzen.net/nachricht/aktien/tarife-vereinheitl…

=>
..."Wenn das so kommt, steht ein Rückzug definitiv nicht außer acht", sagte Uber-Geschäftsführer Martin Essl am Dienstag im ORF. Grund dafür ist ein geplantes Gesetz von ÖVP, SPÖ und FPÖ, dass eine Zusammenlegung des Taxi- und Mitwagengewerbes vorsieht. So sollen etwa die Tarife vereinheitlicht werden und ein verpflichtende Taxischein für alle eingeführt werden.

Uber ist seit 2014 in Wien aktiv und arbeitet mit Mietwagenfirmen zusammen, die über rund 2000 Fahrer verfügen. "Wir haben natürlich jetzt noch bis September 2020 Zeit, aber ganz klar, mit dieser rückwärtsschreitenden Gesetzesnovelle können wir wahrscheinlich so nicht weiter machen", sagte Essl. Das Gesetzesvorhaben soll am 3. Juli im Parlament behandelt werden und per September 2020 in Kraft treten. Mit der freien Preisgestaltung bei Uber wäre es dann vorbei. "Wir sehen ein Gesetz, das entworfen worden ist ausschließlich zum Schutz des traditionellen Taxigewerbe-Sektors", kritisierte Ubers Österreich-Chef.

Im Taxigewerbe in Österreich gibt es fixe Preise, die über ein Taxameter angezeigt werden, während bei Mietwagen der Preis derzeit noch frei festgelegt werden kann. Mietwagenfirmen können damit deutlich niedrigere Preise anbieten als Taxis. Taxivertreter hatten dies in der Vergangenheit mehrfach scharf kritisiert. Sie forderten gleiche Wettbewerbsbedingungen für die gesamte Branche...


--> bei Österreich wird es nicht bleiben

[faultcode]

Uber stock hit by executive shake-up a month after the IPO: COO + CMO raus!

7.6.
https://www.marketwatch.com/story/uber-stock-hit-by-executiv…

=>
...Shares of Uber Technologies Inc. fell more than 1% in the extended session Friday after Chief Executive Dara Khosrowshahi said in an email to employees the ride-hailing company’s chief operating officer and chief marketing officer are leaving.

Khosrowshahi said in the email that he and COO Barney Harford had agreed that the chief operation officer role at Uber “no longer makes sense” now that Khosrowshahi, a month past the company’s initial public offering, had more time to be “even more involved” in Uber’s day-to-day operations. Harford will stay on until July 1 to help with the transition.

The marketing, policy and communications teams will be combined into one, led by Jill Hazelbaker, the former senior vice president of communications and public policy, Khosrowshahi said in the email. Chief Marketing Officer Rebecca Messina is leaving after nine months on the job.

COO Harford previously was the CEO of Orbitz and was named Uber’s COO in 2017.

The news “comes as a shock” for Wall Street and “clearly one of the last things investors wanted to see with the stock currently coming under pressure,” analysts at Wedbush said in a note late Friday...

=>




=> mir kann niemand erzählen, daß das so gedacht war. Uber 2017 selber:
https://www.uber.com/newsroom/barney/

=>
...I’m happy to announce that Barney Harford will be joining Uber as Chief Operating Officer, starting January 2.

Barney is the former CEO of Orbitz. He has deep experience building and managing two-sided marketplaces and has served as an advisor to Uber since October, so you may have already seen him around. He’s spent the last few months learning how Uber works and developing perspectives on how it can work even better in the future, so he’ll hit the ground running in January.

I have never met a stronger operator or a more thoughtful strategist than Barney. He is able to go deep on key aspects of a business while never losing sight of the big strategic picture. He loves engaging with operations, marketing, product, and engineering teams around hard problems, and is passionate about using technology to transform the world.

Barney came to the US from the UK in 1999 to work at Expedia when it was still part of Microsoft. We worked together after I joined as Expedia as CEO, and he was leading the company’s push into Asia. In 2009 he joined Orbitz and went on to turn that company into such a success that I just had to acquire it! 🙂...
(FC: Format)

--> Barney Harford war sein Mann!


--> mal abwarten, ob es dazu noch Hintergrund-Info's geben wird...

[faultcode]

Antwort auf Beitrag Nr.: 60.713.594 von faultcode am 01.06.19 16:09:51

https://www.nasdaq.com/markets/ipos/company/uber-technologie… =>

Lockup Period (days) 180
Lockup Expiration 11/6/2019

[morpheus83]

Wie Uber täglich 10 Millionen Euro Verlust einfährt

https://orange.handelsblatt.com/artikel/61372

[Origineller_Name]

Los Angeles Times:

"As was predicted, Uber’s IPO means you’ll be paying higher fares for your rides"

https://www.latimes.com/business/hiltzik/la-fi-hiltzik-uber-…


Zitat:

"Uber's success has been based on two unsustainable tactics: subsidizing fares and exploiting drivers."

-> übersetzt: "Der Erfolg von Uber basiert auf zwei nicht nachhaltigen Taktiken: Subventionierung von Tarifen und Ausbeutung von Fahrern."

[faultcode]

Haltefristen, Lockup periods, etc. --> ab 26.7.2019 wird's "interessant" (mMn)

stehen im IPO-Prospekt (SEC Form S-1): https://investor.uber.com/financials/default.aspx ab PDF-Seite 289/522 unter:

SHARES ELIGIBLE FOR FUTURE SALE

=> um es gleich zu sagen: es ist naturgemäß kompliziert.

Auch weil Uber groß ist, und einige Parteien wie z.B. PayPal, die ja zum IPO für USD500m Uber-Aktien gezeichnet haben (zum IPO-Preis), z.B. an ein Extra-Lockup agreement von 270 Tagen gebunden sind (--> PDF36): 26.4.2019 + 270d = Di, 21.2.2020

--> es gilt (immer) der 26.4.2019 als Startpunkt für solche Fristen (filing date)

--> ansonsten gilt Rule 144:
https://en.wikipedia.org/wiki/Securities_Act_of_1933#Rule_14…,
https://www.investopedia.com/terms/r/rule144.asp,
..so daß in den ersten 90 Tagen, also bis 26.4.2019 + 90d = Do, 25.7.2019, erstmal (mMn) "Welpenschutz" herrschen sollte:

Beginning 90 days after the date of this prospectus, within any three-month period, such stockholders may sell a number of shares that does not exceed the greater of:

• 1% of the number of common stock then outstanding, which will equal approximately 16.8 million shares immediately after this offering; or

• the average weekly trading volume of our common stock during the four calendar weeks preceding the filing of a notice on Form 144 with respect to such sale.

--> mit "such stockholders" sind gemeint: affiliates or persons selling shares on behalf of our affiliates

=> Uber muss solchen Verkäufen allerdings zuvor zustimmen lt. Rule 144. Nach einem Jahr entfallen (obige) Beschränkungen der Rule 144, außer für "Insider".

=> wer erst zum IPO-Datum Uber-Aktien gezeichnet hat, für den gilt die Mindesthaltefrist von den berühmten 6 Monaten für solche restricted, unregistered and control securities
=> aber es gibt ja auch ne Menge Stockholders, die Uber-Aktien schon länger vor dem 26.4.2019 besaßen:

To be an eligible stockholder under Rule 144, such stockholder must not be deemed to have been one of our affiliates for purposes of the Securities Act at any time during the 90 days preceding a sale and who has beneficially owned the shares proposed to be sold for at least six months, including the holding period of any prior owner other than our affiliates.

--> unter den affiliates bei Uber sind v.a. die sogenannten ATG Investors zu verstehen (aus meiner Sicht):
• SoftBank Vision Fund (“SoftBank”)
• Toyota Motor Corporation (“Toyota”)
• DENSO Corporation (“DENSO”)

[faultcode]

Antwort auf Beitrag Nr.: 60.708.380 von faultcode am 31.05.19 16:48:31

Uber's Q1 2019: Growth Is Evaporating

selbst Gali hat - hier! - die Schwachstellen erkannt --> "pretty bearish"

30.5.

(10:00)


=> lt. Gali hat Uber nach ihrem IPO so um die 3 Jahre an Cashpolster zum Abschmelzen (bei Cash-Verbauch von ~<USD1b pro Quartal)

=> seine Zusammenfassung: Uber verkauft 1 U.S. dollar an Transportwert für 75 U.S. cents

...und: das Wort "Tesla" kam nicht einmal in 10 Minuten vor

[faultcode]

Antwort auf Beitrag Nr.: 60.613.891 von faultcode am 21.05.19 17:08:39

2019Q1

=> mehr Umsatz, mehr Verlust --> aber die Börse kauft es:



aus: https://www.zerohedge.com/news/2019-05-30/uber-reports-recor…

[pickuru]

Uber-Chef fordert von Deutschland moderne Regeln für Fahrdienste

https://www.handelsblatt.com/unternehmen/handel-konsumgueter…