Similar Stories to Uber Co-founder Travis Kalanick Has Resigned As Ceo, Report Says on Bing News

Uber co-founder Travis Kalanick stepped down as chief executive of the ride-hailing service, following intense pressure from investors, a company spokesman said on Wednesday. Kalanick’s resignation comes after a months-long investigation led by former U.S. Attorney General Eric Holder, who was hired by Uber to look into its culture and workplace practices after a female former employee publicly accused the company of what she described as brazen sexual harassment. Five large investors, including venture capital firm Benchmark, demanded that the CEO resign immediately in a letter delivered to Kalanick while he was in Chicago, the New York Times reported citing people with knowledge of the situation. In the letter, titled “Moving Uber Forward,” the investors also said the company needed a change in leadership. Read More: Uber Fail: Upheaval at the World’s Most Valuable Startup is a Wake-Up Call For Silicon Valley Kalanick discussed with at least one Uber board member and after hours of discussions with some of the investors, he agreed to step down, the report said.

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Pee-wee's Hollywood Hills playhouse is up for sale for $5 million after actor Paul Reubens' death
Business Insider, Sunday - 06/02/2024 - 07:39 PM
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AI could help predict the financial earnings of companies as large as Apple, researchers say
Business Insider, Sunday - 06/02/2024 - 07:28 PM
A group of University of Chicago researchers investigated GPT's ability to analyze financial statements. Rafael Henrique/SOPA Images/LightRocket via Getty ImagesA group of researchers asked whether OpenAI's GPT-4 could effectively perform financial analysis. The researchers found that, in some cases, the tool could perform better than a human. GPT-4 performed better at financial analysis with larger, more mature firms, researchers told BI.
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Meta's election tools have been blocked over privacy concerns ahead of European Parliament elections
Business Insider, Sunday - 06/02/2024 - 05:19 PM
Meta uses public Instagram and Facebook photos to train its AI modelsAnadoluSpain's data watchdog suspended Meta's election products ahead of an EU vote. The agency expressed alarm that products collected excessive data from Facebook and Instagram users. Though it disagreed, Meta, also facing an EU investigation, complied with the order.
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Trump once backed a TikTok ban. Now he's joined the app as he races Biden for young voters.
Business Insider, Sunday - 06/02/2024 - 04:38 PM
Former President Donald Trump speaks during a news conference at Trump Tower. AP Photo/Julia NikhinsonTrump has joined TikTok — nearly four years after he sought to ban the app in the US as president."It's my honor," the ex-president said in his first video. Both Trump and Biden are looking to reach young voters through the popular video-sharing app.
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Google: Tech giant's leadership and financial history, products, legal troubles, career opportunities, and more
Business Insider, Sunday - 06/02/2024 - 03:34 PM
Google has grown into a multi-billion-dollar tech giant over the past 25 years, with a rich history and vast array of products and services. Tayfun Coskun/Anadolu Agency via Getty ImagesGoogle is a multi-billion-dollar tech company best known for its search engine. Google was founded by Larry Page and Sergei Brin, and is currently led by CEO Sundar Pichai.
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Take-Two CEO seems totally over questions about 'Grand Theft Auto 6' release date
Business Insider, Sunday - 06/02/2024 - 03:19 PM
Grand Theft Auto 6 logo displayed on screen. Leon Neal/Getty ImagesTake-Two's CEO often gets asked about the release date for "Grand Theft Auto 6."When asked last week about a PC release date, he seemed entirely fed up. RockStar Games has said it plans to release 'Grand Theft Auto 6' on consoles next year.
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Similar Stories to Uber Co-founder Travis Kalanick Has Resigned As Ceo, Report Says on Bing News

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