Heather Somerville
Stories by Heather Somerville
Uber picks savvy dealmaker not ‘tech bro’ as new CEO
Khosrowshahi’s success in acquisitions and partnerships at Expedia will potentially benefit Uber in Asia especially.
GE’s Immelt says not in the running for the Uber CEO job
"I have decided not to pursue a leadership position at Uber," Immelt said on his Twitter account.
Uber settles US allegations over data privacy, to conduct audit every two years
The settlement requires Uber to conduct an audit every two years for the next 20 to make certain it meets the FTC requirements.
Silicon Valley faces slump in seed funding as investors turn cautious
Seed and angel investors completed about 900 deals in Q2, down from roughly 1,100 deals in Q2 2016.
Trucking app Convoy raises $60m led by Silicon Valley’s Y Combinator
Convoy is the first company Y Combinator has backed that was not part of its accelerator program.
Jawbone’s demise a classic case of ‘death by overfunding’ in Silicon Valley
"They are basically force-feeding capital into these companies."
500 Startups’ Dave McClure demoted over ‘unacceptable’ behavior with women
McClure will assume a limited role at the firm and is attending counseling.
UK’s Blockchain raises $40m Series B led by Google’s VC arm and Lakestar
This is the largest funding for a fintech firm since Brexit.
Uber’s trucking ambitions in lower gear after Otto deal
Uber's self-driving truck effort is weighed down by a high-stakes lawsuit.
Uber CEO Kalanick likely to take leave, SVP Emil Michael out
The world's most valuable venture-backed private company has found itself at a crossroads
