Travis Kalanick

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Trump Brought a Bunch of Honchos to Saudi Arabia

The list of American executives in attendance is long

(Newser) - President Trump landed in Saudi Arabia on Tuesday to a very warm welcome , and he brought with him an entire entourage. As the New York Times reports, a who's who of business executives attended a lunch in Riyadh, as well as a significant part of Trump's Cabinet. A...

Uber Suspends Diversity Chief Over Diversity Event

Bo Young Lee goes on leave after 'Don't Call Me Karen' forum

(Newser) - Uber has suspended one of its execs who was accused of being insensitive to diversity issues. The odd thing is that the exec had been in charge of making sure the company was sensitive to diversity issues. The New York Times reports that Bo Young Lee, the company's head...

Elizabeth Holmes Trial Proves Boys' Club Is Alive and Well

Ellen Pao wonders why male tech execs accused of fraud aren't held to same standard

(Newser) - Ellen Pao thinks Elizabeth Holmes should be held accountable for her actions as CEO of the not-quite-what-it-appeared Theranos blood-testing company. But in an essay at the New York Times , Pao writes that something else is true in regard to Holmes' ongoing trial: It "can be sexist to hold her...

Brash Uber Founder: It's 'the Right Moment for Me'

Travis Kalanick is cutting all ties with the company

(Newser) - Former Uber CEO Travis Kalanick is resigning from the board of directors, severing ties to the ride-hailing company that he co-founded a decade ago and ran until a series of scandals led to his downfall, the AP reports. The departure, announced Tuesday, did not come as a surprise. Kalanick recently...

Familiar Business Name Has a New Startup

Travis Kalanick, formerly of Uber, is betting on food delivery with CloudKitchens

(Newser) - The ousted founder of Uber is back in the business spotlight with a new startup, one that is attracting big money. The Wall Street Journal reports that Travis Kalanick has gotten $400 million from a sovereign-wealth fund in Saudi Arabia for his company, CloudKitchens. The idea behind the firm revolves...

Uber's Kalanick Squirmed on Floor When Bad Video Surfaced
'Squirming on the Floor': Uber's
Kalanick Had Crazy Demise
in case you missed it
Jan 21, 2018 4:09 PM CST

'Squirming on the Floor': Uber's Kalanick Had Crazy Demise

Bloomberg has a long look at his rocky final year in charge of the company

(Newser) - Bloomberg is out with a lengthy feature about the final, turbulent year of Travis Kalanick at the helm of Uber, which the story maintains was "a lot weirder and darker than you thought." As evidence of that, reporters Eric Newcomer and Brad Stone unearth a bizarre anecdote...

Report: Uber Paid $100K to Hacker Who Lives With Mom

'Extremely unusual' payoff to hide breach made under company's bug bounty program: sources

(Newser) - Uber last month revealed a major 2016 hack that exposed information for 57 million customers and drivers, as well as the fact that it paid out $100,000 to the attackers to scrub the information and keep the breach secret. Now, sources tell Reuters it was actually one hacker who...

Uber Truce Cuts Power of Ex-CEO
Uber Truce
Cuts Power
of Ex-CEO
Oct 4, 2017 2:13 AM CDT

Uber Truce Cuts Power of Ex-CEO

Agreement clears way for IPO, sources say

(Newser) - Uber is curbing the power of former CEO Travis Kalanick and taking on Japan's SoftBank Group as a major new investor as the service tries to recover from internal strife and a myriad of legal headaches. The changes adopted unanimously Tuesday by Uber's 11-member board strip Kalanick and...

It's Official: Uber Has a New CEO
Uber Gains a
'Scared' CEO
Aug 30, 2017 9:10 AM CDT

Uber Gains a 'Scared' CEO

Dara Khosrowshahi is leaving Expedia to lead ride-sharing company

(Newser) - Uber's board has indeed made its "truce choice" for a new CEO. Per Recode , Dara Khosrowshahi, who's helmed Expedia since 2005, has officially been designated the new head of Uber after former CEO Travis Kalanick's drama-filled June resignation . Khosrowshahi penned a memo to his Expedia staff...

One of Uber's Investors Just Sued Its Former CEO for Fraud

Lawsuit accuses Travis Kalanick of trying to get back in as CEO

(Newser) - Uber Technologies Inc. faced a fresh round of turmoil Thursday, with its global operations chief resigning and a major investor suing the ride-hailing company's former CEO, the AP reports. Ryan Graves told Uber staff in an email Thursday that he will transition out of his role as senior vice...

Uber Wants Female CEO, Has 3 Dudes in the Running

No women appear to want to take on ride-sharing company beset by sexism woes

(Newser) - After what the Washington Post calls "copiously combing through binders full of women across corporate America" in a search for a woman CEO to repair its sexist image, Uber has apparently come up with three names—all of them white guys. Rejected by the likes of Sheryl Sandberg , Meg...

Why Meg Whitman Won't Be Uber's Next CEO

Travis Kalanick is plotting a comeback

(Newser) - Some members of Uber's eight-person board were recently convinced that Meg Whitman would be the perfect candidate to replace co-founder Travis Kalanick as CEO, but others—including Kalanick—wanted Kalanick to have the job back. Whitman, former CEO of eBay and current chief of Hewlett-Packard, met with some board...

Uber CEO's Resignation Was Months in the Making

Travis Kalanick was forced out by investors

(Newser) - The dust continues to settle after the resignation of Uber CEO Travis Kalanick from the $70 billion tech company he helped found. The New York Times interviewed more than a dozen employees and other insiders at Uber to get the lowdown on the months that led up to Kalanick being...

Sandberg, Huffington 'Don't Want Uber Job'

Facebook COO rumored to be board's first choice

(Newser) - Uber is looking for a new CEO, but the company's board may have to get used to disappointment: Sources tell the AP that Sheryl Sandberg, rumored to have been among the leading choices to replace Travis Kalanick, has made it clear that she isn't planning on leaving her...

After Uber Shocker, Everyone's Talking About Steve Jobs
After Uber Shocker, Everyone's
Talking About Steve Jobs
the rundown
Jun 21, 2017 10:43 AM CDT

After Uber Shocker, Everyone's Talking About Steve Jobs

But many say the ouster of Travis Kalanick isn't the same

(Newser) - Uber CEO Travis Kalanick's surprise resignation is drawing comparisons to another Silicon Valley ouster, that of Steve Jobs on his first go-round with Apple in 1985. Here's a look at what people are saying, including the pushback against those comparisons:
  • Deja vu: "This is shocking," writes
...

After 'Hours of Drama,' Uber CEO Resigns

Move caps Travis Kalanick's 'dramatic fall from grace'

(Newser) - The bumpy ride is over for Uber's Travis Kalanick: After a shareholder revolt, Kalanick has stepped down as chief executive of the company he co-founded in 2009. Sources tell the New York Times that the resignation came after "hours of drama" on Tuesday, with five of the company'...

Uber CEO Takes Leave
What to Know From
Uber's Big Day
the rundown
Jun 13, 2017 3:29 PM CDT

What to Know From Uber's Big Day

CEO Travis Kalanick is taking a leave of absence, and more

(Newser) - Uber CEO Travis Kalanick is taking an indefinite leave of absence amid controversy at the ride-sharing company and the ensuing Eric Holder investigation , he announced Tuesday in a company-wide email. Also out Tuesday were the "sweeping" recommendations from that investigation, per the Washington Post . What you need to know,...

Big Day for Uber: Eric Holder Investigation Is In

CEO Travis Kalanick may take a leave of absence

(Newser) - Privately valued at $70 billion and operating in 80 countries , Uber seems to have as much potential as it does scandal. And that’s precisely what its board members are meeting about Sunday, reports the New York Times , when they’re set to discuss a possible leave of absence of...

CEO Set Out 'Sex Rules' Before 2013 Uber Party

Kalanick complained they meant he'd stay celibate

(Newser) - An email advising partygoers not to puke, throw kegs off buildings, or have sex without the other person's consent was sent not to the residents of Chug-a-Lug House, but to 400 Uber employees before a 2013 company party. In the letter obtained by Recode , CEO Travis Kalanick set out...

Uber Execs Reportedly Thought Rider's Rape Was a Conspiracy

They believed rival company concocted the account: report

(Newser) - Uber is at "an all-time low on morality," says rival company Ola, per Buzzfeed . That after a report alleging Uber's president of business in Asia Pacific got his hands on the medical records of a woman raped during a 2014 Uber ride in India and showed them...

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