Updated Jul 19, 2018

DoorDash snares Uber's finance chief

Dan Primack

Prabir Adarkar is stepping down as head of strategic finance with Uber, in order to become CFO of on-demand meal delivery company DoorDash.

Why it matters: Uber is in the midst of a long search for a CFO of its own, and Adarkar's move leaves it without even a de facto one.

  • Cam Poetzscher, Uber's VP of corporate development, will oversee Uber's finance team in the interim until the CFO is named, per a company spokesperson.

Below is an interview conducted yesterday in Aspen at the Fortune Brainstorm Tech conference, with DoorDash CEO Tony Xu and Sequoia Capital partner Alfred Lin.

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Coronavirus kills 2 Diamond Princess passengers and South Korea sees first death

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. U.S. numbers include Americans extracted from Princess Cruise ship.

Two elderly Diamond Princess passengers have been killed by the novel coronavirus — the first deaths confirmed among the more than 600 infected aboard the cruise ship. South Korea also announced its first death Thursday.

The big picture: COVID-19 has now killed more than 2,200 people and infected over 75,465 others, mostly in mainland China, where the National Health Commission announced 118 new deaths since Thursday.

Go deeperArrowUpdated 3 hours ago - Health
Ina Fried

SoftBank to cut its stake to get T-Mobile's Sprint deal done

Illustration: Rebecca Zisser/Axios

T-Mobile and Sprint announced a revised merger agreement that will see SoftBank getting a smaller share of the combined company, while most shareholders will receive the previously agreed upon exchange rate. The companies said they hope to get the deal as early as April 1.

Why it matters: The amended deal reflects the decline in Sprint's business, while leaving most shareholders' stake intact and removing another hurdle to the deal's closure.

Go deeperArrow6 hours ago - Technology
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Keep ReadingArrowUpdated 6 hours ago - Politics & Policy