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Travis Kalanick News
Uber to sell Southeast Asia business to rival Grab: Sources
Mon, Mar 26, 2018
Uber, which is preparing for a potential initial public offering in 2019, lost $4.5 billion last year and is facing fierce competition at home and in Asia, as well as a regulatory crackdown in Europe.
Uber ex-CEO Kalanick plans to sell 29% of stake: source
Fri, Jan 05, 2018
Kalanick`s sale is part of a deal with a group of investors led by SoftBank Group Corp, which is taking a 17.5% stake in Uber, mostly by buying shares from early investors and employees. SoftBank last week secured agreements from shareholders who were willing to sell, and the deal will close early this year, Uber said.
Uber agrees to settle U.S. lawsuit filed by India rape victim
Sat, Dec 09, 2017
Uber Technologies Inc and a woman who accused top executives of improperly obtaining her medical records after a company driver raped her in India have agreed to settle a civil lawsuit the woman filed against Uber in June, according to a U.S. federal court filing on Friday.
Uber paid hackers $100,000, concealed data stolen from 57 million accounts
Wed, Nov 22, 2017
Uber Technologies Inc paid hackers $100,000 to keep secret a massive breach last year that exposed the data of some 57 million accounts of the ride-service provider, the company said on Tuesday.
SoftBank investment deal in Uber likely to be finalised next week
Tue, Oct 17, 2017
Uber's board voted earlier in October to approve the Japanese tech conglomerate's cash infusion, which would add six more board seats and annul super-voting shares held by former CEO Travis Kalanick among others
Travis Kalanick's move to reignite the power struggle in Uber backfires
Wed, Oct 04, 2017
After ousted CEO and co-founder of Uber Travis Kalanick made a move to appoint two directors on the company's board, it now has decided to reduce his power of control on it.
Uber board gives go ahead to SoftBank deal; trims Travis Kalanick influence
Wed, Oct 04, 2017
Uber board's new decision gives SoftBank the go ahead to take a large stake in one of the biggest start-ups in the world and curbs the influence of ousted CEO Travis Kalanick.
Travis Kalanick reignites power struggle at Uber after appointing two new directors
Sat, Sep 30, 2017
Uber investors are divided over whether Kalanick should himself be on the board and whether he can name two other directors.
More Uber woes: Exec resigns, investor sues ousted CEO
Fri, Aug 11, 2017
Ryan Graves told Uber staff in an email yesterday that he will transition out of his role as senior vice president of global operations in mid-September. Graves will remain on Uber's board.
Investors force Travis Kalanick to resign as CEO of Uber
Wed, Jun 21, 2017
After an intense discussion with investors for hours Travis Kalanick gave into their demands for him to resign as the CEO of Uber.
After Travis Kalanick, major overhaul in Uber's top management expected from recommendations
Wed, Jun 14, 2017
Besides recommending that Uber CEO Travis Kalanick's responsibilities be curtailed, it also put forth the appointment of a COO to share the responsibilities and getting in more independent board members.
Uber CEO Travis Kalanick takes leave of absence amid sweeping changes after scandals
Wed, Jun 14, 2017
After a months-long investigation led former US Attorney General Eric Holder, Uber Technologies Inc Chief Executive Officer Travis Kalanick told employees on Tuesday that he would take time away from the company he helped to found, adding further that he needs to work on Travis 2.0 to become the leader that this company needs.
Uber board adopts all recommendations from Eric Holder investigation
Mon, Jun 12, 2017
The board of directors of taxi-hailing app Uber has voted unanimously on Sunday to adopt all recommendations from a report stemming from allegations of sexual harassment at the company and other employee concerns, which will include imposing new controls on company spending, human resources and other areas.
Top Uber executive Eric Alexander fired for investigating Delhi rape victim
Thu, Jun 08, 2017
Uber top executive in charge of Asia Pacific operations was fired for investigating Delhi rape victim and trying to prove that Ola was behind the incident.
Uber faces criminal probe over Greyball software used to evade authorities
Fri, May 05, 2017
Uber has acknowledged the software, known as "Greyball," helped it identify and circumvent government officials who were trying to clamp down on Uber in areas where its service had not yet been approved, such as Portland, Oregon.
Uber's president Jeff Jones quits after working for six months
Mon, Mar 20, 2017
Uber Technologies Inc president Jeff Jones has quit after working with the taxi-hailing app for six months.
Uber used secret tool to evade authorities
Sat, Mar 04, 2017
The tool allowed Uber to show images of "ghost" Uber cars on the app or show that no cars were available.
Uber asks senior VP Amit Singhal to resign for not disclosing sexual harassment allegation at Google
Tue, Feb 28, 2017
Uber Technologies Inc has asked its senior vice president of engineering Amit Singhal to resign after technology news website Recode informed the company of previous sexual harassment allegation against Singhal during his tenure at Google which he did not disclose when he joined the Uber.
Uber CEO leaves Trump advisory council
Fri, Feb 03, 2017
US ride hailing company Uber`s CEO Travis Kalanick bowing to pressure, has quit President Donald Trumps advisory team, said a private statement he sent to his employees.
Muslim Ban: Here's a list of 14 CEOs against Trump's immigration ban and their letters, Tweets
Mon, Jan 30, 2017
The executive order signed by President Donald Trump on Friday banning immigrants from several countries and temporarily shunning green card holders coming from those places received mass ridicule from many chief executive officers (CEOs).