Anthony Levandowski had pleaded guilty to stealing thousands of files from Google's self-driving car program to benefit himself and Uber.
Elliot Management wants the group to create a subcommittee to supervise the fund’s investment process.
The company’s tech fund reported a loss of $17.7 billion.
The company’s 1.3 million independent workers are facing financial uncertainty due to the reduced demand for rides during the pandemic.
While Uber's Rides segment is profitable, it is spending heavily on new businesses such as Eats.
The company "is betting that by building out its financial ecosystem, it can keep drivers and riders loyal to its platform."
The bill would require gig economy workers to be reclassified as employees instead of independent contractors.
"It’s critical we get our edge back and continually push ourselves to do better," Uber's CEO says.
“What’s sapping investor confidence ... is the absence of a clear path to grow revenue and cut costs,” an analyst says.
Both ride-sharing companies experienced staff shake-ups on Monday after disappointing market debuts.
While media reports proclaimed the ride-sharing service's initial public offering to be a failure, it really wasn't.
“The torrent of activity in the second quarter means that 2019 is shaping up to be a banner year for the IPO market."
