Travis Kalanick

Former Uber CEO Kalanick severs ties with ride-hailing giant

Travis Kalanick, who built Uber into a ride-hailing giant, only to be ousted as CEO over the company's sexist "bro" culture, is cashing out.

Kalanick disclosed on Dec. 24 that he has sold off all his Uber stock — estimated at more than $2.5 billion — and is resigning from the board of directors, severing ties to the company he co-founded a decade ago.

Uber Boss to Hold Talks with TfL on London Licence

Uber's new chief executive will meet London's transport commissioner later to discuss the firm losing its licence, reported BBC. 

Dara Khosrowshahi is meeting Mike Brown, who runs Transport for London, which has criticised the firm's record over reporting criminal offences and carrying out driver background checks.

Uber stripped of London licence, plans to appeal

London stripped Uber on Sept. 22 of its licence to operate from the end of next week in a huge blow to the taxi service and 3.5 million users in one of the world's wealthiest cities.

The capital's transport authority said the Silicon Valley technology giant was not fit and proper to hold a private vehicle hire licence and it would not be renewed when it expires on Sept. 30.

Uber, beset by scandal, faces battle over 'destructive' lawsuit

Ride-services company Uber is facing a divided board of directors and angry shareholders after investor Benchmark Capital filed a lawsuit against the company's ousted chief executive, Travis Kalanick, dealing another blow to the firm as it struggles to recover from a series of scandals and hire a new leader.

Uber says embattled CEO Kalanick stepping down

Uber said on June 21 its embattled chief executive Travis Kalanick has agreed to step down from his job.
 
Kalanick had already been on a leave of absence aimed at restoring confidence in the scandal-plagued ridesharing giant.
 
The New York Times reported earlier on June 21 that five of the company's major investors had demanded his departure.
 

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