Enlarge / Shervin Pishevar speaking at the 2016 TechCrunch conference in San Francisco. Pishevar wrote a letter to Uber’s board urging Benchmark Capital to drop its lawsuit against ex-CEO Travis Kalanick. (credit: Photo by Steve Jennings/Getty Images for TechCrunch) Uber’s ex-CEO Travis Kalanick is under fire, but he’s hardly out of supporters. Kalanick, who resigned in […]
Tag: Kalanick
Uber investor Benchmark sues Travis Kalanick for fraud
(Reuters) — Venture capital firm Benchmark Capital is suing former Uber Chief Executive Officer Travis Kalanick to force him off the board of the ride-services company and rescind his ability to fill three board seats, according to the lawsuit. The lawsuit filed Thursday accuses Kalanick of concealing a range of misdeeds from the board and […]
Benchmark Capital Just Sued Former Uber CEO Travis Kalanick For Fraud
Venture-capital firm claims former CEO duped board into approving expansion plant to retain control of company. https://media.wired.com/photos/598cf4a1c55383299536b3b4/master/pass/UberHQHP_14983015.jpg Feed: All Latest
Travis Kalanick explains why some Silicon Valley engineers are worth tens of millions (GOOG, GOOGL)
Associated Press Former Uber CEO Travis Kalanick was deposed for seven hours in late July as part of the legal battle over allegedly stolen trade secrets concerning self-driving car technology. Uber’s lawyers released a lightly-redacted copy of the transcript on Friday afternoon in the latest update to the sprawling legal battle between the world’s most valuable startup and […]
Ex-Uber CEO Kalanick knew about stolen Waymo files, lawyers say
According to a report in The Wall Street Journal, recently departed Uber CEO Travis Kalanick was aware that an engineer he hired from Google had allegedly stolen files from that company, and told the new employee not to bring the files to his new job. Those files are pertinent to an ongoing patent lawsuit over […]
End of the Ride: Travis Kalanick Is Done as Uber CEO
– Uber founder and CEO Travis Kalanick stepped down this week from his position in response to pressure from the company’s top investors. – This is the latest in a string of less than favorable happenings for the colossal ride-sharing service. Last month, Uber autonomous-division executive Anthony Levandowski was terminated amid a lawsuit over allegations […]
Uber CEO Travis Kalanick Has Officially Stepped Down
Uber CEO Travis Kalanick Has Officially Stepped Down Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include […]
What Will Uber Become Without Travis Kalanick as CEO?
It came down to money, in the end. Investors backing Uber decided it wasn’t enough that Travis Kalanick announced last week he would take an indefinite leave from his position at the helm of the scandal-plagued company. He had to go. Now. This was an “outright rebellion” by shareholders, says Mike Isaac, The New York […]
The rise and fall of Travis Kalanick, Uber’s embattled billionaire founder who just resigned as CEO
REUTERS/Adnan Abidi Eight years ago, Travis Kalanick launched a startup called UberCab in San Francisco. Today, Uber is a global behemoth and one of Silicon Valley’s most successful companies — and one of the most contentious. Uber operates in around 600 cities worldwide, and it’s said to be worth nearly $ 70 billion. The 40-year-old Kalanick […]
Travis Kalanick resigns as Uber CEO
Steve Jennings/Getty Images for TechCrunch Travis Kalanick, cofounder and CEO of Uber, has stepped down as the ride-hailing company’s top executive. “I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber can go back to […]