Tuesday, June 20, 2017

"Travis Kalanick resigns as Uber CEO'"

From the Verge:
Travis Kalanick has stepped down as CEO of Uber. The news comes as the company has been hit with an extended barrage of scandal and controversy; Kalanick had already recently taken a leave of absence following the death of his mother.

According to The New York Times, a group of major Uber investors demanded Kalanick’s immediate resignation earlier Tuesday. Kalanick acquiesced after “hours of discussions”, but will reportedly stay on Uber’s board and still controls a majority of voting shares ...

And we'll be back with more.