- Dalal Street Voice: Who will make money in 2022? S. Naren decodes ABCDEF of investing
- Vedant Fashions IPO: Price band fixed at Rs 824-866; issue opens on February 4
- A ‘Humble’ US Fed in January meeting, likely to be ‘Nimble’ footed for the March interest rate hike
- Budget 2022 Expectations: What electric vehicle industry demands from FM Nirmala Sitharaman; Here is the wishlist
- Kotak Mahindra Bank q3 result: PAT jumps 31% YoY to Rs 3,403 crore in December
Uber CEO leaves Trump advisory council
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.
Kalanick on Thursday told Uber employees in a private memo that he quit, the New York Post reported saying it had access to the memo.
"Earlier today (Thursday) I spoke briefly with the President about the immigration executive order and its issues for our community," Kalanick wrote to his employees.
"I also let him know that I would not be able to participate on his economic council. Joining the group was not meant to be an endorsement of the President or his agenda but unfortunately it has been misinterpreted to be exactly that," Kalanick added.
The Uber CEO came under extreme criticism in the past few days for working with the Trump administration. Angry customers started the #deleteUber movement.
Kalanick`s working with Trump and his company failing to adhere to a taxi strike at New York`s JFK Airport sparked the movement.
Numerous refugees were being detained over the weekend at the airport following Trump`s temporary travel ban executive order. Uber apparently failed to turn off its app to prevent drop-offs and pickups there, angering the protesters.
A group of Uber drivers earlier on Thursday started a petition urging the CEO to step down.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.