SoftBank has more than just a large stake in Uber — it’ll soon have some direct control as well. Recode sources understand that Sprint CEO Marcelo Claure is taking one of SoftBank’s two slots on Uber’s board of directors in the “next few weeks.” The other slot is reportedly slated to go to Rajeev Misra, the leader of the SoftBank Vision Fund that took charge of the Uber deal. Neither Uber nor SoftBank has commented on the apparent scoop.
PEOPLE DON’T WANT cars, they want rides. That’s the existential fear plaguing automakers today. And they’re scrambling to do something about it.
Despite the taxi industry’s protests against its presence and all the legal issues it’s had to face, Uber continues to thrive. In fact, it says it’s given itsbillionth — yes, that’s billion with a “b” — ride in London on Christmas Eve. Since the company launched in June 2010, that’s an average of over 15 million trips a month. The bigger portion of that billion probably took place more recently though, while the service was spreading to more locations around the globe.