technology

Uber CEO Takes Wait-And-See Approach to Saudi Investment



LAGUNA BEACH, Calif.—Uber Technologies Inc. Chief Executive Dara Khosrowshahi said he is taking a wait-and-see approach to allegations that the Saudi government—one of the company’s biggest shareholders—was behind the death of journalist Jamal Khashoggi last month in Turkey.

Uber has perhaps the closest ties to Saudi Arabia of any Silicon Valley company, after taking a $3.5 billion investment in 2016 from the kingdom’s Public Investment Fund. PIF Managing Director Yasir al-Rumayyan joined Uber’s board as part of that deal….



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