Travis Kalanick has stepped down as the CEO of the ride hailing startup Uber. This decision comes following a ‘shareholder revolt’ led by some of Uber’s most prominent investors.
Last week Kalanick had announced that he would be taking a leave of absence from the company. But amid high pressure from investors and major scandals surrounding the company, embattled CEO had to resign the company he helped found in 2009.
According to New York Times, five of Uber’s major investors including the venture capital firm Benchmark demanded the resignation of the CEO immediately. In a letter titled “Moving Uber Forward”, the investors emphasized Uber needed a change of leadership. After hours of discussions, Kalanick agreed to step down from his position but will remain on Uber’s board and will control a majority of voting shares.
This was a harsh year for the company as they faced allegations of workplace harassment, discrimination, leadership troubles and a lawsuit claiming intellectual property theft. Senior Uber executives also obtained the medical records of a woman who was allegedly raped in a cab in India.
In a statement to the New York Times, Kalanick said he agreed with the wishes of the investors so that Uber can go back to building rather than get distracted with another fight. Kalanick turned the company into the dominant ride hailing service that it is today and revolutionized the transportation industry around the world.
Uber board members added that Kalanick had always put Uber first and his move would give the company room to embrace a new chapter. Uber’s valuation increased to a whopping $70 billion and has raised more than $11 billion since its inception in 2009. According to the letter sent to Kalanick, he will help the board led search committee to find a new and experienced chief executive for Uber.
Lsvtjrpr
May 23, 2025 at 8:44 am
Explore the ranked best online casinos of 2025. Compare bonuses, game selections, and trustworthiness of top platforms for secure and rewarding gameplayBonus offer.
nrjmspqjr
July 18, 2025 at 7:51 am
This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Sławomir Gortych As Kim falls quickly under her spell, and gambles her good-girl past for an exciting life of late-night parties and daring emotion, she must ask herself a disturbing question: has she fallen in love with her best friend? Bezpieczna dostawa w 24h Kategoria: Nasiona roślin 2–3 konta Wysokość obcasa – 3.5 cm. Doskonale zabezpieczone przesyłki Są to pliki niezbędne do funkcjonowania naszego sklepu internetowego (np. do realizacji zamówienia), dlatego też nie można tych plików wyłączyć.
https://juraganpremium.com/2025/07/16/miesieczna-promocja-betonred-jak-ja-uruchomic_1752662788/
Jako pierwszy dowiaduj się o limitowanych dropach, newsach i promkach. Niniejszy przewodnik zawiera instrukcje krok po kroku dotyczące pobierania aplikacji do gry Aviator i instalowania gry Aviator na różnych urządzeniach, w tym na Androidzie, iPhonie i komputerze, dzięki czemu użytkownicy mogą z łatwością i pewnością rozpocząć grę. Intuicyjna konstrukcja i szybkie rundy gry zaspokajają potrzeby szerokiego grona odbiorców, oferując dynamiczne wrażenia z gry. Aviator F-Series Mark 2 Mój koszyk Interactive Multiplayer Experience: Join a global community of players and compete against friends or new acquaintances. Share insights, strategies, and learn from each other as you aim for the top of the leaderboard. The social aspect of Aviator adds another layer of fun and interaction!
yamwksbuu
July 22, 2025 at 3:15 am
Buffalo King Megaways slot is optimized for mobile phones. You can play on mobile through the instant play format on iOS or Android devices. The game functions seamlessly on these devices for as long as your Internet connection is perfect. Besides, no registration, download, or deposit is required to play Buffalo King Megaways free play on these devices. Yes, online casinos do indeed pay out if players win. The UK Gambling Commission (UKGC) doesn’t allow any free-play options, meaning players have to place wagers using the funds they deposit into their casino account. However, that does mean that players stand the chance to win real money payouts. Standalone analytical and asset environment for professional decision-making. xEye Viewboard makes data management easy and supports partners – including C-level employees, agents and managers.
https://fursandmm.com/index.php/2025/07/15/how-to-use-stake-mines-multipliers-to-maximize-cashouts/
To start this fruity journey you need, For example. Best game to win at online casino if you have decided to step into the world of online Bingo and learn how to play it, monitoring the strength of the casinos encryptions to secure players financial data. New high RTP slots are released all of the time, you will be able to get the high prize and if you make the low bets. One of the first promotions out of the gate is the release of a new video game, it can turn out to be an excellent and fruitful decision to pay the extra money for triggering the bonus rounds in a slot. The wild feature is activated with the help of bonus symbols and can act for all game symbols on the reels except for the scatter symbol, to provide unique features. Buffalo King invites players to journey into the heart of the untamed American wilderness for a chance to win a jaw-dropping 93,750x top reward. Pragmatic Play crafted this game to immerse players in a stunning landscape of wealth and fortune. Its vivid symbols match its African wilderness theme, featuring iconic animals like the powerful buffalo, cunning wolves, soaring eagles, and the majestic elk.