Jun 21, 2017

Uber chief executive Kalanick resigns

Uber boss Travis Kalanick has resigned as chief executive after pressure from shareholders, a spokesman has said. Five major Uber investors demanded Mr Kalanick's immediate resignation in a letter on Tuesday, the newspaper said. Mr. Kalanick reportedly said: "I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors request to step aside so that Uber can go back to building rather than be distracted with another fight." Last week Mr Kalanick took an indefinite leave of absence from the firm as part of an effort to create "Uber 2.0". Eric Alexander, the former head of Uber's Asia-Pacific business, left after a report that he had obtained the medical records of a woman who was raped by an Uber driver in 2014.

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