Travis Kalanick
Uber has given its shareholders an update on the company’s performance and it’s definitely in the red. The global ridesharing company lost $1.46 billion in just the third quarter. This compares…
Uber CEO Dara Khosrowshahi was on stage at the New York Times’ Dealbook conference today, and the ride hailing company’s top executive put a timeline on Uber’s plans for going…
Uber is getting into the credit card business. Announced today in partnership with Barclays and Visa at the Money2020 conference in Las Vegas, the new card gives Uber yet another…
Travis Kalanick appoints Ursula Burns, John Thain to Uber’s board
Former Uber chief Travis Kalanick has appointed two more people to the ridesharing company’s board. One of the seats is going to Ursula Burns, former CEO and Chairwoman of Xerox.…
The ride-hailing giant’s use of a software program which tracked activity of a rival, Lyft, is being investigated by the FBI over whether it constituted an illegal interference with a…
Benchmark-Kalanick Uber board suit sent to arbitration
Today, a Delaware court ruled in the favor of former Uber CEO Travis Kalanick, who asked that a case brought against him by early Uber investor Benchmark be moved to…
Pishevar calls Benchmark-Kalanick lawsuit ‘grandest business and moral battles of our generation’
Early Uber investor and former board member Shervin Pishevar can’t seem to stop weighing in on Benchmark’s lawsuit with former CEO Travis Kalanick.
Uber finally confirms that Khosrowshahi will be its new CEO, and Kalanick ‘couldn’t be happier’
It’s officially official. News reports have been telling you since Sunday that Expedia CEO Dara Khosrowshahi had been offered the CEO role at Uber, but that was based on sources,…
Travis Kalanick says Benchmark’s claims are ‘fabricated allegations’
Travis Kalanick, former CEO of Uber, filed a document today arguing the case involving Benchmark Capital should move to arbitration. This filing reiterates Kalanick’s earlier argument that Benchmark’s claims are…
Who is new Uber CEO Dara Khosrowshahi?
Uber’s search for a replacement for its former co-founder CEO Travis Kalanick looks to have reached its conclusion. Dara Khosrowshahi, the current CEO of Expedia, has been officially offered the…
Crunch Report | Google Pays Apple Lots of $$$ for Search
Google pays Apple lots of money for search, Uber’s next CEO could possibly be Jeff Immelt, Volkswagen electric Microbus is going on sale in 2022 and the Tesla Model X…
Crunch Report | Benchmark vs Kalanick Goes Sour
Reddit is rolling out its own video platform, VR adtech company Immersv raises $10.5 million and Benchmark versus Kalanick goes sour. All this on Crunch Report
Travis Kalanick strikes back against Benchmark lawsuit, calling it a ‘public and personal attack’
Uber co-founder, former CEO and current board member Travis Kalanick fired back at Benchmark Capital in legal documents filed Thursday, arguing that the venture capital firm’s lawsuit was initiated “as…
Uber’s head of developer product leaves citing Kalanick’s ouster
Without the heavyweight backing for the platform from former CEO Travis Kalanick, Uber’s head of developer product Chris Saad is leaving the company. It’s unclear where the platform will rank…
Uber agrees to 20 years of privacy audits to settle FTC data mishandling probe
The legacy of Travis Kalanick’s fast and loose management style at Uber continues to serve up fresh embarrassments for the embattled, still CEO-less company.
The saga between the powerhouse venture firm Benchmark and former Uber CEO Travis Kalanick continues. Following last week’s lawsuit revelation, Benchmark penned a public letter to Uber employees explaining why…
Crunch Report | Benchmark Sues Travis Kalanick
Benchmark is sueing Travis Kalanick, SoundCloud gets a cash infusion and Facebook buys Fayteq. All this on Crunch Report.
Uber board ‘disappointed’ by Benchmark’s lawsuit against former CEO
The Uber saga continues, and the board of directors has weighed in on the brewing battle between early investor Benchmark and former CEO Travis Kalanick. In wake of a lawsuit filed…
Uber shareholder group asks Benchmark to step down from board following Kalanick suit
In what is rapidly devolving into an all-out brawl on the board of the world’s highest-valued private company, a group of Uber shareholders have asked the venture capital firm Benchmark…
Weekly Roundup: Travis Kalanick sued by Benchmark, Snap and Blue Apron sink after Q2 earnings
From Uber’s former CEO Travis Kalanick getting sued by his company’s lynchpin investors at Benchmark to Google’s struggles with a recently fired employee over a gender diversity screed that went…
Yesterday, Benchmark, the powerful venture firm and a major Uber shareholder, filed a lawsuit against the company’s recently ousted CEO Travis Kalanick in a remarkable move. The suit seeks to remove Kalanick from…
Benchmark, the Silicon Valley venture firm and early investor in Uber, has sued former CEO Travis Kalanick. In a Delaware Chancery Court filing, originally identified by Axios’ Dan Primack, the…
Uber co-founder Garrett Camp reportedly says ‘Travis is not returning as CEO’
Despite reports and rumors of former Uber CEO Travis Kalanick trying to make his way back to the company, Uber co-founder and board member Garrett Camp says otherwise, Recode reports.
Uber discloses details of Travis Kalanick’s deposition in Waymo lawsuit
Uber unsealed former CEO Travis Kalanick’s deposition in the Uber versus Waymo self-driving car technology case over the weekend. Kalanick, who was deposed for more than six hours last month,…
Travis Kalanick reportedly sought to reassert control at Uber after ouster
Just under two months after resigning from Uber, former CEO Travis Kalanick has reportedly asked some former colleagues if they would support him in a potential shareholder battle, according to a…
The Uber and the frog
How the mighty are fallen. Travis Kalanick is out, and Uber has become something of a headless horseman, with no current CEO, COO, CFO, CMO, VP of Engineering, or general…
Some Uber employees are reportedly petitioning for Travis Kalanick to stay
There’s a petition circulating among Uber employees asking the board of directors to let Travis Kalanick return to the company, Recode reports. The email going around talks about how Kalanick…
Kalanick is out, but Uber’s VCs royally screwed up, too, say industry watchers
Travis Kalanick, who resigned from his post as CEO of Uber, has taken the blame for the company’s long list of problems, from allowing a culture of sexual harassment, to…
Bill Gurley to leave Uber’s board of directors
Benchmark’s Bill Gurley is set to leave Uber’s board of directors, one day after the company announced the resignation of CEO Travis Kalanick following months of controversy over its corporate…
Crunch Report | Uber CEO Travis Kalanick Resigns
The CEO of Uber, Travis Kalanick, resigns from the company, Tesla gets a new lead, Andrej Karpathy, for their autopilot program, University of Michigan students get driverless shuttles and Snapchat…