Former Uber CEO Travis Kalanick forms investment fund

Uber’s controversial ex-chief has created an investment fund called 10100 to oversee both his for-profit and non-profit projects. Travis Kalanick has announced 101000 (pronounced “ten-one-hundred”) on Twitter and talked about how he’s made investments, joined boards and worked with both businesses and non-profits over the past few months in an effort to find his next […]

Kalanick agrees: Google was and is “in the lead” in autonomous vehicles

Enlarge / Travis Kalanick, one of Uber’s co-founders, seen here in 2013. (credit: Fortune Live Media / Flickr) SAN FRANCISCO—In highly-anticipated testimony wrapping up the second day of trial, former Uber CEO Travis Kalanick confirmed that Uber’s primary competitor in self-driving cars is indeed Waymo. “Do you believe they are in the lead?” Waymo’s attorney, […]

Kalanick to make $1.4 billion from Uber's deal with SoftBank

Uber Technologies Inc co-founder Travis Kalanick, who was ousted as chief executive in June, is selling nearly a third of his 10 percent stake in the ride-services company for about $ 1.4 billion, a person familiar with the matter said on Thursday. Kalanick’s sale is part of a deal struck by a consortium led by […]

Uber’s board is reportedly thinking about stripping cofounder Travis Kalanick of his power

Thomson Reuters Uber’s board is considering whether to strip Travis Kalanick, the company’s founder and former CEO, of his power after he abruptly appointed two new board members without consulting the company’s leaders, according to Bloomberg. The board plans to hold a vote on Tuesday on board reforms and whether to pursue a huge $ […]

Travis Kalanick appoints two to Uber board, company surprised by the move

(Reuters) — Uber Technologies Inc co-founder Travis Kalanick said he had appointed two new directors, a surprise move that publicly reignited a board battle over the role of the ousted former chief executive. Kalanick’s move on Friday sought to pre-empt a move by new Chief Executive Dara Khosrowshahi to restructure the board and gain greater […]

Former Uber CEO Travis Kalanick just appointed 2 new board members, a defiant move the company is calling a ‘complete surprise’

Uber cofounder Travis Kalanick appointed Xerox chairwoman Ursula Burns and former Merrill Lynch CEO John Thain to the company’s board of directors on Friday, a surprise move that’s almost certain to re-ignite the bitter internal fighting that has destabilized the ride-hailing giant for months. Uber quickly decried the move as “a complete surprise” to both the company and its board. “That is precisely […]

Uber's Kalanick reignites power struggle, names two to board

SAN FRANCISCO – Uber Technologies Inc co-founder Travis Kalanick on Friday said he had appointed two new directors, a surprise move that publicly reignited a board battle over the role of the ousted former chief executive. Uber investors are divided over whether Kalanick, who was pressured to step down as CEO earlier this year in […]

Uber Found the Opposite of Travis Kalanick to Be Its New CEO

In a surprise move, Uber’s board of directors has selected Dara Khosrowshahi, the CEO of Expedia, to be the company’s next chief executive, ending a messy public battle over the future of the world’s most valuable private company. His selection represents a “truce” among rival coalitions on the dysfunctional Uber board. Some investors preferred Meg […]