Uber’s CEO wants to ‘get the facts’ on Khashoggi killing before rethinking Saudi ties

Uber’s CEO wants to ‘get the facts’ on Khashoggi killing before rethinking Saudi ties

Uber CEO Dara Khosrowshahi says he’s waiting for more information about the killing of journalist Jamal Khashoggi before taking any action over the Saudi government’s significant investment in the startup.

Khosrowshahi was one of the first major CEOs to pull out of a high-profile Saudi business conference last month as the international outcry grew over the kingdom’s role in the killing of Khashoggi, a Washington Post columnist and critic of the Saudi government.

Saudi Arabia’s Public Investment Fund is a significant investor in Uber after putting $3.5 billion into the ride-hailing company in 2016. The fund’s managing director, Yasir Al Rumayyan, sits on Uber’s board.

Khosrowshahi is now trying to figure out how to respond to the widespread outrage over the Saudi government’s apparent connections to the killing of Khashoggi in the country’s consulate in Istanbul last month.

“Until we learn more, we’re not in a position to act one way or the other,” he said Tuesday at the Wall Street Journal D.Live conference in California. “The act itself was horrible. And we’re anxious to learn more and then we’ll talk to our board and decide the best way forward.”

Continue reading: https://edition.cnn.com/2018/11/14/tech/uber-dara-khosrowshahi-khashoggi/index.html

  • Uber’s CEO wants to ‘get the facts’ on Khashoggi killing before rethinking Saudi ties.

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