Travis Kalanick, the former CEO of Uber who also co-founded the company, has plans to sell $1.4 billion worth of stock in the company. The news comes from a source familiar with the arrangement who spoke to CNBC. Selling that much stock is 29% of Kalanick’s stake in the company. He will be selling his … Continue reading “Former Uber CEO Wants To Sell $1.4 Billion Worth of Shares”
Tag: Uber
SoftBank Group Buys a Stake in Uber
Softbank and Uber have come to an agreement on a tender offer this week, which…
December 29, 2017
Featured
Uber Has a New COO and he’s From Orbitz
Uber Technologies Inc. announced on Wednesday that it has named the former chief executive of…
December 20, 2017
Lyft Launches in Canada for the First Time
Lyft, the U.S. ride hailing company has just launched in Toronto, making it the first…
December 12, 2017
Uber Hid a Huge Data Breach for Over a Year
Uber hid a cyber attack that had exposed the data of over 57 million users…
November 22, 2017
Hot Stocks
Hewlett Packard CEO Meg Whitman Suddenly Resigns
It was a surprising day on Wall Street when Hewlett Packard's famed CEO Meg Whitman…
November 22, 2017
Ride Sharing Service Lyft is Headed to Canada
Lyft Inc. announced on Monday that the company will be launching its ride hailing service…
November 13, 2017
Hot Stocks
Sprint and T-Mobile May Be Back To Merger Talks Again
It was three years ago when Softbank, who owns a majority of Sprint, tried buying…
September 19, 2017
Uber Just Announced a Big Change
It looks like criticism by riders and privacy groups has finally made Uber make a…
August 29, 2017
H&R Block’s New CEO Was the Former President of This Company
H&R Block, the tax prepare service company just announced a new CEO and it's a…
August 22, 2017
Hot Stocks
This Huge Executive Could Be Uber’s New CEO
Since Uber's ex-CEO Travis Kalanick resigned last month, many have wondered who would take on…
July 25, 2017
Uber’s CEO Travis Kalanick Is Forced Out
First reported by The New York Times, Uber's chief executive Travis Kalanick has resigned on…
June 21, 2017
Uber Just Fired 20 People Over This
According to an Uber employee that is familiar with the situation, Uber Technologies Inc. has…
June 6, 2017
New York City Wants An Easy Way To Tip Uber Drivers
People in New York City know what it's like to hail a taxi and then…
April 17, 2017