Latest Uber news: Everything you need to know about Uber's latest announcements
Summary
Speaking at an investor forum in Tokyo, Japan – his first visit to Asia as Uber CEO, according to Reuters – Khosrowshahi stated that the company believes flying vehicles will feasibly become an affordable form of mass transport. Uber, which is currently in talks with Transport for London over its survival in the British capital, has dropped an appeal against the High Court that ruled drivers would be subject to English language exams, according to CityAM. A TfL spokesperson told CityAM: "We believe the ability to communicate in English at an appropriate level is a crucial element of the high standards of passenger safety and service Londoners and visitors to the city deserve. Ubers board has manoeuvred to further limit the power of beleaguered former chief exec Travis Kalanick and decided to go ahead with proposed investment from Japanese conglomerate SoftBank, plus an initial public offering (IPO) by the end of 2019. The under-fire CEO has been under increasing pressure to step away from the company amidst a series of crises, mostly stemming from accusations of pervasive sexual harassment and other corporate misbehaviour since former engineer Susan Fowler published a damning blog post back in February.
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