Today's Trending Video in Middlesbrough

Middlesbrough News Featured post

Kim Jong-un: fragile and under pressure but he won’t give up

The Observer The North Korean leader’s surprise freeze of his nuclear programme is less a genuine move than a diplomatic manoeuvre,...

BBC News - Home

Best Video In Middlesbrough

The Guardian

Best Middlesbrough Videos

Wednesday 25 December 2019

Uber cofounder Travis Kalanick peaces out with $2.5 billion

Uber cofounder Travis Kalanick peaces out with $2.5 billion

Travis Kalanick is out at Uber — for good this time.

The former CEO and cofounder of the company announced Tuesday that he was leaving the board of directors. By this time next week, he's outta there.

He was ousted as CEO in 2017, when former Expedia CEO Dara Khosrowshahi took over, but he remained on the board. Kalanick even testified on behalf of Uber in the 2018 Waymo v. Uber trial concerning self-driving technology trade secrets.

After Uber went public in May, Kalanick waited patiently for the time he could cash in all his Uber shares. And cash in he did as soon as the November lockup deadline lifted. Now he has a healthy $2.5 billion from Uber stock as he ventures further into new projects like his ghost kitchen startup and investment companyRead more...

More about Uber, Ride Hailing Apps, Travis Kalanick, Tech, and Transportation

from Mashable https://mashable.com/article/uber-travis-kalanick-leaves-board/
via Middlesbrough

No comments:

Post a Comment