Ex-Uber CEO Travis Kalanick appears to have brought his controversial bro culture to his food delivery startup, CloudKitchens.
More than 300 corporate executives have left the startup since the start of the year, Insider reported.
In this week's Insider Tech, we look at the battle for facts between Big Tech and politicians, and we pull back the curtain on Iconiq Capital.
In January 2016, self-driving-car engineer Anthony Levandowski quit Google and went to Uber, where CEO Travis Kalanick was eager to produce his own robo-taxi. Levandowski had been sidelined at Google in favour of Chris Urmson, his onetime roommate and longtime rival. Years of infighting and indecision within Google’s team – […]
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A large indoor party where guests weren’t wearing masks was reportedly held at ex-Uber CEO Travis Kalanick’s New York City penthouse in September. In a story featured in New York Magazine’s The Cut, Cat Marnell describes attending the party, saying there were “tons of people there, and of course no […]
Former Uber CEO Travis Kalanick hosted a party at his Los Angeles home amid a surge in coronavirus cases in the region, according to Vanity Fair. The party was “smaller” that past parties Kalanick has hosted and took place outside, Vanity Fair reports. California has seen a spike in coronavirus […]
CloudKitchens, a delivery-only restaurant operation founded by Travis Kalanick, says it was the victim of arson. On Twitter, the company said two fires were started, and posted video evidence of the intruders. The company is worth more than $US7 billion and has investments from Kalanick’s Uber wealth as well as […]
Uber’s chief technology officer left the company in May after seven years under two wildly different bosses. Thuan Pham told Bloomberg in his first interview since leaving that there’s “a little PTSD” setting in from leaving amid a pandemic that slashed revenues and led to mass layoffs. He also recommended […]
Uber cofounder Travis Kalanick bought a lavish Los Angeles estate for $US43.3 million in April, Katherine Clarke reported for The Wall Street Journal. It sold for 42% under its original asking price of $US75 million. The 1.7-acre Bel Air estate includes a 20,000-square-foot mansion, two swimming pools, a 7,000-bottle wine […]
Uber will expand beyond its core ride-hailing and food-delivery services with a broader courier service for packages, medication, and pet supplies. The ride-hailing giant’s efforts fall under two initiatives, called “Uber Direct” and “Uber Connect.” Uber Direct lets users order items from select retailers and have them delivered directly to […]
Travis Kalanick is resigning from Uber’s board of directors as he cuts ties to the company he co-founded. The former CEO’s exit will be effective December 31, according to a statement from the company. Kalanick has been rapidly unloading his stake in Uber stock through the end of the year, […]
Uber cofounder Travis Kalanick will leave the company’s board at the end of the year,The Wall Street Journal first reported. Kalanick served as the Uber’s CEO until 2017 but resigned under pressure from investors after reports of a reckless and toxic culture at Uber, including multiple accusations of sexual harassment […]
Former UberCEO Travis Kalanick is on pace to fully exit his position in the company as he’s rapidly sold stock since early November. The founder’s latest sale saw him cash in nearly 2.4 million shares on December 19, bringing his total stake down to about 5.8 million shares, according to […]
Former UberCEO Travis Kalanick sold another $US383 million worth of stock between December 16 and December 18, further shrinking his stake in the firm he founded. Kalanick dumped nearly 12.8 million shares in the three-day period, according to a Securities and Exchange Commission filing. He cashed in more than 7.8 […]
Former UberCEO Travis Kalanick sold another $US166 million worth of stock between December 11 and December 13, pushing his selling streak further into the month. The company founder cashed in about 5.8 million shares in the period, according to an SEC filing. The sales bring his total gains from sold […]
Uber’s co-founder and former CEO Travis Kalanick continues to cash out his stake in the ride-hailing company, selling off close to $US166 million worth of shares this week. The ousted chief executive has sold off a little more than $US2 billion worth of Uber stock since the company’s post-IPO lockup […]
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