Uber co-founder resigns from board of directors to pursue other projects
Travis Kalanick, the co-founder of popular ride-sharing app Uber, has resigned from the company's board of directors in order to focus on other projects. He has sold all his stake in the company and will now be constructing 'ghost kitchens' for food delivery services. While he was the CEO of Uber, he received many complaints regarding his leadership and was eventually pushed out.
ceo uber ride-sharing board-of-directors owner co-founder
ReutersRelated Articles
Former Uber security chief faces criminal charges for hiding 2016 breach
Federal prosecutors have charged former Uber security chief Joe Sullivan with obstruction of justice for hiding a 2016 data breach from Federal Trade Commission investigators. The criminal complaint, filed Thursday, suggests that Uber's then-CEO Travis Kalanick was aware of the breach and Sullivan's efforts to cover it up. But it argues that Sullivan kept others involved in Uber's FTC response in the dark about the incident.
uber privacy security data-breach joe-sullivan
Arstechnica
Uber’s attempt to buy Grubhub facing challenges
According to the reports, Uber's attempt to build the largest meal delivery company in the US by buying its rival Grubhub has immediately come under fire from lawmakers, city officials, and antitrust experts. Uber and Grubhub, currently the second and third-largest US meal delivery companies by market share behind DoorDash, are in talks over a tie-up as the coronavirus crisis accelerates consumer demand for delivery services.
uber attempt meal grubhub
Arstechnica
Georgia bar owner removes $3,714 worth of bills stapled to the walls to give to unemployed staff
“I can’t just sit here and do nothing,” Knox said of the decision to take down the dollar bills to try and help her employees. While Knox is unsure if the stapling of the money on the walls will continue, she said she is thinking of a different plan for customers to leave their mark.
dollar island owner
Google
3M CEO tells Trump mask demand too great
Mike Roman, the CEO of US-based mask and worker safety equipment manufacturing company 3M, has stated amid US President Donald Trump's invocation of the Defense Production Act that his company cannot meet the demand for masks in the country. Roman revealed that the industry only has the capacity to make 50 million N95 masks each month, while healthcare workers need 300 million to fight the coronavirus pandemic.
ceo donald-trump healthcare president safety equipment united-states manufacturing coronavirus pandemic covid-19 defense-production-act mike-roman 3m n95
Marketwatch