Brief: Travis Kalanick resigns as Uber CEO

Uber CEO Travis Kalanick. Photo credit: TechCrunch.

The news:

Embattled Uber CEO Travis Kalanick has resigned from his post, The New York Times reports. Kalanick reportedly handed in his resignation notice a matter of hours after five of the company’s major investors – including VC firm Benchmark – wrote to him demanding that he step aside. In a letter titled “Moving Uber Forward,” the investors stated that the company needed a change in leadership and requested Kalanick’s...

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Uber CEO Travis Kalanick [+]    TechCrunch [+]    New York Times [+]    Kalanick [+]    Benchmark [+]    Moving Uber Forward [+]   

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