Alphabet's head of corporate development David Drummond. Photo by Bloomberg.
Exclusive
Google Uber/Lyft

Uber Shuts Out Alphabet Execs From Board Meetings

Photo: Alphabet's head of corporate development David Drummond. Photo by Bloomberg.

UPDATE: Uber says Alphabet executive David Drummond has stepped down from Uber’s board. The move follows a report by The Information about Mr. Drummond being sidelined from the board for a significant period of time.

Uber has shut out an Uber board member and senior Alphabet executive, David Drummond, from attending board meetings, according to three people briefed about the unusual arrangement. That makes it increasingly likely Mr. Drummond will leave Uber’s board.

Uber also is shielding information from board “observer” David Krane, who runs a subsidiary of Alphabet called GV, a venture capital firm that is one of Uber’s top shareholders, says another person familiar with the arrangement.

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
Exclusive Semiconductors Policy
Why the FTC Rejected Nvidia’s Antitrust Settlement for $75 Billion Arm Deal
Federal Trade Commission Chair Lina Khan. Photo by Bloomberg
Regulators who normally seek to block mergers between companies that compete with one another are becoming increasingly combative about vertical mergers between companies that don’t. The latest example is how the Federal Trade Commission handled chipmaker Nvidia’s contentious takeover of Arm Holdings, a designer of chips for mobile devices. Before the agency last week sued to block...
Latest Briefs
 
Google and Roku End Streaming-TV Carriage Dispute
China Readies VIE Blacklist But Will Spare Companies That Are Already Listed
Weibo Shares Fall as Much as 7.2% in Hong Kong Market Debut
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Photograph by Dave Zahrobsky. Art by Haejin Park.
The Big Read Venture Capital Startups
The Inside Story of a Scorched-Earth Breakup Between Two Founder Friends
At 31, Erica Johnson, a neuroscientist and engineer, had never been rich, and certainly not tech-unicorn, eff-you-money rich.
Apple CEO Tim Cook. Photo collage by Haejin Park. Photos by Bloomberg
Exclusive Asia Apple
Inside Tim Cook’s Secret $275 Billion Deal with Chinese Authorities
Apple’s iPhone recently became the top-selling smartphone in China, its second-biggest market after the U.S., for the first time in six years.
Illustration by Mike Sullivan
Modest Proposals Crypto Facebook
Facebook’s Decade-Old Missteps Should Be a Lesson for Web3
Once upon a time—that is, in 2011—the company then known as Facebook launched Open Graph, a way for users to carry their Facebook identities from app to app, thereby enabling developers to give them a personalized experience wherever they went.
Howie Liu, co-founder and CEO of AirTable. Photo by Bloomberg
Exclusive Venture Capital Startups
Airtable Valuation to Double to $11.7 Billion in New Funding
Airtable, a developer of cloud-based collaboration software, is finalizing a new round of funding that would value the San Francisco startup at $11.7 billion including the new capital, said two people familiar with the discussions.
Data Point Crypto Venture Capital
VC Investments in Consumer Crypto Startups Soar 26-Fold
Venture capitalists investing in consumer startups are writing more checks for crypto companies than ever before.
An Instacart worker loads groceries into her car for home delivery. Photo by AP
Exclusive
Instacart Plans 15-Minute Delivery Trial as Rival Startups Grow
For Instacart, the leading U.S. grocery delivery company, being fast may not be fast enough. The $39 billion-valuation startup is planning to launch a pilot program to provide delivery of groceries or convenience items in 15 minutes or less to U.S.