Tag: Travis Kalanick
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Sexual harassment: another top tech exec resigns
A top executive and cofounder of Binary Capital has admitted to using his “position of power in exchange for sexual gains,” forcing him into resignation, according to media reports. The Information reported on Thursday that six women had accused Justin Caldbeck, a prominent venture capitalist of “unwanted and inappropriate advances”, with several saying the misconduct…
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Employees petition Uber for Kalanick to return as Travis 2.0
Employees at Uber have signed a petition demanding Travis Kalanick be recalled as Chief Executive Officer (CEO) of the company. Kalanick recently resigned his CEO position at Uber this week after pressure from major investors following the release of a report on Uber’s internal culture and a seemingly endless series of scandals. More than 1,000…
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Uber Chief Executive, Travis Kalanick resigns
Embattled Uber’s Chief Executive Officer (CEO), Travis Kalanick resigns from the ride-sharing company he helped found in 2009, according to reports. This is following a “shareholder revolt” led by some of Uber’s most prominent investors, the New York Times reports. An Uber spokesperson confirmed to TechCrunch that Kalanick has actually stepped down. The report states…
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Uber in crisis amid unrelenting chaos as CEO steps down indefinitely
The chief executive officer of ride-sharing business Uber will step down indefinitely as a damning report exposes the company’s toxic culture. Travis Kalanick sent a company-wide email on Tuesday announcing he would take an “unspecified” leave of absence from the company, conceding he needed to improve his leadership skills. “Recent events have brought home for…