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Ghost Kitchens: The Biggest Trend You Never Heard Of

Business Wars Daily

03:28 min | 5 months ago

Ghost Kitchens: The Biggest Trend You Never Heard Of

"Space to multiple restaurants workers in a single dark kitchen may prep meals for say Wendy's sweet Greens and host of independent restaurants. All at once what? These ghosts kitchens have in common is what's not. Their consumers. Do Not darken their doors. There are no signs advertising delicious meals. No tables and chairs know waiters and waitresses. Just spaces were delivery drivers lineup to pick up their latest stash of Burgers and onion rings. Some like cloud kitchen owned by Uber's ousted. Ceo Travis Kalanick's go to great lengths to hide their kitchens. Locations calendar clearly takes the ghost named seriously. Here's what else they have in common. They are suddenly everywhere. Funded by investors hungry to take advantage of our seemingly insatiable desire to eat our meals on the couch. In the office. Kalanick's new venture has been buying up suitable real estate in the US. India and China according to Fortune magazine funding growth with four hundred million dollars of cash from the Saudi government. Last week ghost kitchen company TOPI which already has thirty locations announced it had secured another sixty million dollars in funding to build out fifty more kitchens in the US Saudi Arabia Dubai Kuwait and the UK. And then there's Pasadena based kitchen united which plans to build at least five thousand kitchens in the Coming Years Industry Publication Restaurant Business reports alphabet which owns Google is. An investor goes kitchen's promise advantages to people in different parts of the restaurant ecosystem. You're an independent chef dreaming of opening your own restaurant but without a million dollars to spare well. You can test your recipes and a ghost kitchen and create a virtual restaurant that exists only on a delivery. App like Grub Hub. Now you can get started for thousands of dollars and build a storefront or by a food truck only after you prove the concept if ever the promises and statistics have been so overwhelming in such a short time but now observers say there may be too many ghost kitchens. Investors have sunk at least five billion dollars into the new industry since two thousand eighteen. The Wall Street Journal reports restaurant business questions whether it's a setup for a bubble especially should a recession set in. Here's the logic when employment looked shakier. We lose a job. We start cooking again. Takeout sales Wayne and ghost. Kitchens can't fill their spaces. Ghost kitchens become ghost towns. I suppose you could say moreover there's already a backlash against some delivery services which have to keep growing to feed the ghost kitchen pipeline chains like olive garden in. Texas roadhouse are shunning third party delivery reports industry publication FSR restaurant executives at these restaurants. Say Third Party. Delivery hurts business. Diverting potential customers who would otherwise dine in order drinks at the bar and develop bonds the bartender in waitstaff. Some say their food doesn't travel well. And if it arrives at a customer's home or office cold well. The restaurant gets blamed. Not Grub Hubbard posts. Mates FSR says these restaurant leaders also questioned the wisdom of paying high commissions to outside delivery services for an outcome that well while it can raise revenues by twenty or thirty percent can shrink profits nearly as much still plenty of business leaders. Believe delivery is here to stay like kroger one of the nation's largest supermarket chains. It is so bullish on this trend that it's partnering with Ghost Kitchen Company Cluster truck. Yes you heard that right to offer meal

Ghost Kitchen Company Cluster Ceo Travis Kalanick United States Grub Hubbard Saudi Arabia Dubai Kuwait FSR Wendy Saudi Government Kroger Uber Third Party Pasadena Fortune Magazine Google The Wall Street Journal India Topi Wayne
Uber co-founder Travis Kalanick severs all ties, dumps last 5.8M shares

AP 24 Hour News

00:47 sec | 7 months ago

Uber co-founder Travis Kalanick severs all ties, dumps last 5.8M shares

"Uber co founder Travis colonic has severed ties with the company he disclosed Tuesday that he sold off all his is uber stock estimated at more than two point five billion dollars and is resigning from the board of directors who were based in San Francisco transform the way people get around and how they make a living turbo charging the gig economy and undermining the taxi industry it's nearly four million drivers around the globe have logged fifteen billion trips since twenty ten when colonic and Garrett camp came up with the idea of healing a ride from a smartphone after a trip to Paris when they couldn't find a taxi but colonic was fired as C. E. O. in the summer of twenty seventeen with the company buried in

Travis Colonic Garrett Camp Paris C. E. O. Co Founder San Francisco
Former Uber CEO Travis Kalanick is leaving the company for good.

The Frankie Boyer Show

00:46 sec | 7 months ago

Former Uber CEO Travis Kalanick is leaving the company for good.

"Former uber CEO Travis Kalanick will resign from the newly public companies board next week effectively severing ties with the ride hailing company he co founded a decade ago over once considered the world's most valuable startup turbo charged the gig economy is logged over fifteen billion trips since twenty ten Kalanick co founded over in two thousand nine but was ousted as chief executive in the summer of two thousand seventeen after series of management and sexual harassment scandals he stayed on as a member of the board until the announcement Kalanick recently sold more than two point five billion dollars worth of shares in the company more than ninety percent of his holdings after a one hundred eighty day lock up period following the company's may initial public offering for you as a radio news I'm

Travis Kalanick Kalanick Co Chief Executive CEO Harassment
YouTube Considered Screening All YouTube Kids Videos, But Dropped Decision

Techmeme Ride Home

02:37 min | 7 months ago

YouTube Considered Screening All YouTube Kids Videos, But Dropped Decision

"According to Bloomberg earlier this year Youtube considered solving it's horrible algorithm problems by screening all the videos posted for kids under eight years old in their youtube. Kids Channel seems reasonable. Right seems logical seems responsible but of course I you tube ended up not going this route for the typical reasons why content platforms usually get gun. Shy Youtube was afraid of overtly exercising using editor Oriel control less. They look more like a media company than a platform and thus invite additional scrutiny and regulation remember that landmark. FTC settlement that Youtube agree to earlier in the year quoting Bloomberg Youtube privately. Consider taking more control earlier this year at assembled a team of more than forty employees to brace for or the FTC decision. The team was code named crosswalk as an away to guide kids across Youtube. Chaotic streets among its proposals was a radical one at least by the standards of Silicon Valley. Youtube would screen every video aimed at kids under the age of eight in its youtube kids APP ensuring that no untoward content crept into the feet of millions millions of thoughts around the world. A press release was even drafted in which youtube. CEO Susan was shaky said. Professional moderators would check each clip according to people familiar with the plans yet at the last minute the CEO and her top deputies ditched. The plan said the people who asked not to be identified discussing private deliberations. The rationale was clear to summit youtube. One person involved in the project recalled handpicking videos. Even for kids made Youtube look too much like a media company. Not a neutral platform. A Youtube spokeswoman denied the idea was turned down because of put the company in charge of programming but she declined to comment further on the decision in a recent interview Jiechi made it clear hear that her content moderation push only goes so far telling. CBS News that even being liable for video recommendations would destroy the essence of the service quote. If we were held liable for every single piece of content that we recommend we would have to review it. She said that would mean there would be a much smaller set of information that people would be finding much much smaller an quote Youtube Bouncing Act between media publisher or hands off. Internet bulletin board has sparked intense debate internally for some business partners and employees. This year's decisions visions leaves them with the impression that the company is unable to take a series stand quote. What is the mission of this company? People don't even know said Claire Stapleton a former the marketing manager. Who left this year after clashing with Google over employee protests quote? Youtube is so ill equipped to manage these massive challenges and quote

Youtube Bloomberg Youtube FTC CEO Bloomberg Silicon Valley Claire Stapleton Oriel Control Google Cbs News Editor Marketing Manager Jiechi Susan Publisher
How Your Smartphone Has Evolved Over the Past Decade

WSJ Tech News Briefing

08:53 min | 7 months ago

How Your Smartphone Has Evolved Over the Past Decade

"With you when you wake up it puts you to sleep. It's your constant companion and you're probably using it right now to listen to two US. We're obviously talking about your smartphone. But let's do a little time travel and go back to the year twenty ten the beginning of the decade. You wanted to find your way around. You didn't pull at your phone. You pulled out a GPS. If you wanted to take a picture you pull out your camera you wanted to take a ride. You recall the cab and if you wanted to watch net flicks. You opened up your mailbox. Because that's where your DVD was waiting for you after a few days. smartphones owns weren't new. But you might not have had an iphone. You might have had a blackberry or a crack Berry as they were called back then because they were super super addictive. We want to go back in time. I and talk about all the things that have happened with our smartphones and our technologies sense twenty ten and who better to do that with than our personal tech columnist to Anna Stern. Joanna thanks for joining us. I'm here I'm here to take you all back. You recently did this. You time traveled yes and it turns out time. Traveling coming and going to hell are very similar. It's true I did go to hell with the upper case H and a lower case age because I decided I wanted to. You challenge myself to really think back to the beginning of the decade and I was asked to write this piece for our decade in review section about the smartphone and the impact. It's made on really humanity eighteen that that's where I sort of led and I really said I need to live with this tech. Had in two thousand ten to really remember what it was like before we had fully a functioning modern smartphones and I asked my producer said where should we go. I need to like leave home with this. I need to leave my iphone at home. I need to go someplace. Where should we go? Oh and after much brainstorming. He said to me I want you to go to hell because I think that it's going to be like hell. And there's a small town. It's actually township in Michigan Sixty Miles House at Detroit. We're going to go there and you're going to spend the day doing a bunch of challenges that I'm going to create for you with just your twenty ten tech. The result was a a lot of frustration. But also a lot of excitement and these memories of what we used to do mostly with our brains before we had smartphones. One of the things that that I thought was so interesting about your trip was that you're using a blackberry. which like I said was the crack Berry and blackberries were really common in two thousand ten at least journalist list it was really at least for journalists and even the market share you look back at the numbers of two thousand ten and like I said it was not new right? The IPHONE was created in two thousand ten but if you look back at the market share for in two thousand ten and what we saw in terms of smartphones apple was just starting to come up and droid was just starting to come up but blackberry and Symbian which was mostly on Nokia phones or those. Those were the still the main players in the smartphone race and of course now we have two players and that was really the story of the decade right. Is everyone trying to compete to be in your pocket to be on this small screen which ultimately became this giant screen and apple and Google one out there but it was not clear at the beginning of the decade. What was going to happen and so I was addicted to my blackberry? Like you mentioned I was twenty ten. I had a blackberry still. I had the blackberry curve. Ninety seven hundred that I used in this piece and it was only in the beginning. Getting of twenty eleven. Did I get rid of it and get an android phone. What changed what happened? That blackberry is now almost obsolete. I think he's trying no they. They are obsolete rim as a company which made those blackberries is basically obsolete when you look do not manufacturer smartphones anymore. In fact I was one of the ideas I had here was to go back to ram but both the the former. CEO's declined to be part of this piece. What really happened? Was this foresight from both apple and Google about what the smartphone would become and that really really was this Swiss army knife of things when you look back in two thousand ten. We were not using our phones for most part yet. GPS is we were not using them as our primary cameras. We're we're not even using them really with many apps yet. Twenty ten was the arrival of so many big APPS instagram net flicks Uber. All of these really arrived around that time and it was really a synergy of a couple of things. The first being the hardware the hardware was getting better and better. The phones were getting faster. The second thing where the networks three G and four G pushed pushed ahead in big ways into apps in the early part of the decade and then that third part was the APPs it was these companies these developers throwing ideas against the wall. Aw investors saying that seems like something that might be pretty good and then creating messy ecosystem and one of the best stories. I think that's in the story and I talked with at length for this. Says Ralph de la Vega he was the CEO of at and T. at the beginning of the decade and he really worked closely with Steve Jobs to bring the first iphone out and he was saying we didn't know all of these things. We're going to happen at the the same time but when these three things really did happen at the same time that's when we really knew it was gonna be big. And he told me the story about how Travis Kalanick's who is the founder of Uber are came to. At and T.. And said I need iphones with four g service so I can give these phones to my drivers and it was that combination right of a great big idea for an APP APP putting these phones into cars. The four G. Network behind it and the iphone that let that all takeoff initially the APPS that were created for the iphone were internal apple was creating its APPS. How much did opening up that for? Third Party developers changed the game. That changed is the game in a big way and again that happened right before. Two Thousand Ten apple had released the APP store but it was really around two thousand ten when you started to see these big players taking the advantage of the hardware and like I mentioned those networks. You'd instagram coming along in twenty ten. Seeing that the phone camera was going to be a really big thing we were still in pretty pretty crappy camera lands right. We all remember filters the reason Kevin System who spoke to for this story he reminded me about filters the reason we had those filters is the famous story that his wife he went to go take a photo. He told her about all this APP that he's building she's like I'm not going to share these photos. They look like crap and he added filters because they looked like crap. Kevin said in the in the interview interview when I was talking with him. He talks a lot about how now you don't need filters because these cameras got crazy. Good over the last decade look at net flicks. netflix became an APP for the iphone in two thousand and ten again. When these phones were getting faster they were getting faster WIFI connectivity? They were getting faster processors. They were getting faster. Four G networks within a couple of years to allow us to stream video everywhere everywhere. So it's really the fact that these APPs were being built in concert with all of these other technologies that were coming along one of the things that you talk about new show very very clearly in your story going to hell is not just what things are out there right but how those things how that phone how. Those APPs have changed. Change the way that we live in the world that we navigate the world. How how is this technology in the last ten years changed us? Yeah it's an editor said to me. Owners right she's like I think you should write about how this changed humanity and it was like well. You know that sounds so heavy and I don't know if I WANNA go there and make this something that people remember and understand than as I started pointing was like wait. These are the things that people remember it understand. They just don't think about it that often so those of us that can remember the days before we used this device to tell us what right right and left turn to make all the time we navigated the world by looking at a map or asking people for directions. We had like some sense of where we were in the world because we figured it out that for me was the most striking thing you know. I was definitely super frustrated that it took me basically an hour and a half longer to get someplace without my smartphone but I was also really happy and excited excited that my brain still worked to do those things like. Oh I can call that person and they can tell me how to get there. I can write down directions. I in the problem problem solved still then. Of course there's so many positives to the fact that we don't have to do these things anymore but we also have to remember that the conveniences come at the cost of so so many things right. The big thing to me was sharing photos that experience. I there's often mornings when I'm walking my dog and I look up and I'm like Oh that's a beautiful thing I need. Take a photo of it and put it on instagram. I hate that my brain does that but that is where my brain goes and I don't I don't even consider myself like an over share share like three times a week. I'm not someone it's like four times a day and that's our urge is when we see something we want to share it now and it's not even only instagram. I have a family Exchan- or I want to share it with my best friend or my wife. Hey from editor and I'm just constantly like we saw this thing where I went to this place. Like you wouldn't believe what I'm seeing right. Now and instagram really sparked that obviously other messaging services sparked that too. But when you don't have that capability you are really much more in the moment and you are thinking. Wow I'm looking at this thing and I'm GonNa take a photo of it and I'm GONNA be able to look back at had it later but I'm not going to distract myself right now to share it in two steps and move on from it right.

Apple Instagram United States Kevin System CEO Editor Google Detroit Anna Stern Joanna Ralph De La Vega Michigan Producer Netflix Berry
Uber's Kalanick to exit board after dumping $2.5B in stock

Mornings on the Mall with Brian Wilson

00:14 sec | 7 months ago

Uber's Kalanick to exit board after dumping $2.5B in stock

"Former uber CEO Travis Kalanick is severing ties to the ride hailing company he co founded a decade ago he disclosed Tuesday he sold all of its stock estimated of more than two point five billion dollars and he's resigning from the board of

Travis Kalanick CEO
Uber founder and former CEO Travis Kalanick leaves board, for good this time

Dave Ramsey

00:36 sec | 7 months ago

Uber founder and former CEO Travis Kalanick leaves board, for good this time

"Mountains the man who co founded uber is effectively severing ties with the company Hoover's Travis Kalanick is leaving the company's board of directors he put out a statement saying he plans to focus on his current business as well as charities and they will continue to cheer for the company from the sidelines the announcement comes as Kalanick has been on loading his stake in Hoover he sold more than ninety percent of the shares worth more than two point five billion dollars in recent weeks Kalanick stepped down as CEO back in twenty seventeen over investor scrutiny of over its handling of harassment and discrimination complaints tomgram

Hoover Travis Kalanick CEO Harassment
Uber's Kalanick to exit board after dumping $2.5B in stock

KCBS Radio Afternoon News

00:23 sec | 7 months ago

Uber's Kalanick to exit board after dumping $2.5B in stock

"The co founder of uber has reached the end of the ride Travis Kalanick is well known in recent years for controversial comments and embarrassing leaked videos as for his leadership of the company stepping down from the board of uber effective a week from today he had stepped down as CEO two years ago amid controversy in chaos Calumet also has sold all of his super stock meaning he will have no connection to the company what

Co Founder Travis Kalanick CEO
Brash Uber co-founder Kalanick leaves board

Newsradio 950 WWJ 24 Hour News

00:23 sec | 7 months ago

Brash Uber co-founder Kalanick leaves board

"The co founder of uber is severing ties with the ride hailing companies Travis Kalanick is resigning from movers board of directors he recently sold more than two and a half billion dollars worth of overstock Kalanick co founded the company a decade ago when it quickly took off with the company mired in a variety of lawsuits Kalanick was ousted as CEO in twenty seventeen CBS news correspondent but

Co Founder Travis Kalanick CEO Kalanick Co CBS
Former Uber CEO Travis Kalanick to resign from Uber board, effectively severing ties with the company he co-founded

Michael Wallace and Steve Scott

00:38 sec | 7 months ago

Former Uber CEO Travis Kalanick to resign from Uber board, effectively severing ties with the company he co-founded

"Uber CEO Travis Kalanick severing his ties with the ride hailing company that he co founded a decade ago this comes after a series of scandals that ultimately led to his downfall were announced Tuesday that Kalanick would resign from overs board of directors next week turbo charge the gig economy and since twenty ten is logged fifteen billion trips Kalanick was pushed out of CEO in the summer of twenty seventy and when the company was mired in numerous lawsuits the departure did not come as a surprise Kalanick recently sold more than two and a half billion dollars worth of shares in this company that's more than ninety percent of his

Travis Kalanick CEO Kalanick
Uber's Kalanick to exit board after dumping $2.5B in stock

KRLD News, Weather and Traffic

00:18 sec | 7 months ago

Uber's Kalanick to exit board after dumping $2.5B in stock

"Former uber CEO Travis Kalanick will resign from the board next week severing ties with the company he co founded Kalanick plans to focus his attention on the new company he started a year ago called cloud kitchens and on his philanthropic

Travis Kalanick CEO
Former Uber CEO Travis Kalanick to resign from Uber board, effectively severing ties with the company he co-founded

Markley and Van Camp

00:21 sec | 7 months ago

Former Uber CEO Travis Kalanick to resign from Uber board, effectively severing ties with the company he co-founded

"Former uber CEO Travis Kalanick will resign from the board next week effectively severing ties with the company he co founded a decade ago uber turbo charge the gig economy and has long fifteen billion trips Kalanick was ousted as CEO in the summer of twenty seventeen when the company mired in numerous

Travis Kalanick CEO
Former Uber CEO Travis Kalanick to resign from Uber board, effectively severing ties with the company he co-founded

KRLD News, Weather and Traffic

00:25 sec | 7 months ago

Former Uber CEO Travis Kalanick to resign from Uber board, effectively severing ties with the company he co-founded

"Former uber CEO Travis Kalanick is cutting ties with the ride sharing company he co founded a decade ago uber says Kalanick will resign from the company's board of directors next week he was forced out as C. E. O. more than two years ago Kalanick recently sold more than ninety percent of his holdings in uber resulting in a windfall worth more than two and a half billion

Travis Kalanick CEO
Uber's Kalanick to exit board

Rush Limbaugh

00:16 sec | 7 months ago

Uber's Kalanick to exit board

"Over technology's founder Travis Kalanick will leave the ride hailing companies board of directors uber announced that Kalanick will step down December thirty first Kalanick ousted from the C. E. O.'s post in June of twenty seventeen plans to focus on a new business and philanthropic

Travis Kalanick E. O. Founder
Brash Uber co-founder Kalanick leaves board to focus on industrial kitchens

Wayne Cabot and Paul Murnane

00:22 sec | 7 months ago

Brash Uber co-founder Kalanick leaves board to focus on industrial kitchens

"And uber co founder and former CEO is cutting one of his last ties with the company Travis Kalanick is stepping down from the uber board of directors next week the same board that ousted him from the CEO position two years ago two two scandals for the past year Kalanick has focused his attention on a start up called cloud kitchens it offers kitchens to restaurants that need more space to fill delivery

Co Founder Travis Kalanick CEO
Former Uber CEO Travis Kalanick to resign from Uber board, effectively severing ties with the company he co-founded

Morning News with Manda Factor and Gregg Hersholt

00:11 sec | 7 months ago

Former Uber CEO Travis Kalanick to resign from Uber board, effectively severing ties with the company he co-founded

"Up they just getting word from New York the former U. birds C. E. O. Travis Kalanick is resigning from the full report affected Lee severing ties with the company that he co

New York E. O. Travis Kalanick LEE
"travis kalanick" Discussed on Squawk Pod

Squawk Pod

08:06 min | 7 months ago

"travis kalanick" Discussed on Squawk Pod

"Ross SORKIN JOE is out today but sitting in for him we have Tom Farley early. He's the CEO of far point ventures also CNBC contributor our guest host for the hours. Joanne Lipman she is distinguished journalism fellow at the Institute for Advanced Study at Princeton Princeton. She's also a CNBC contributor all got the memo on the festive clothing. Right you know some clashing shades of Maroon and red. But we're all very fast and we have some news breaking just literally in the past the hour now accord Saudi Arabia's sentencing five people to death breath the killing of Washington Post columnist. Jamal Kashogi he was murdered of course in saw that Saudi consulate in Istanbul just last year by a team of Saudi agents. Saturday any state run TV saying three other people were sentenced to prison over the killings reports. Say the investigation found that the former top advisor to Crown Prince Mohammad bin someone had no involvement in the killing now the kingdom has denied that NBA had any involvement or knowledge of the operation. So so form of justice being doled out today but There'll be lots of questions. I don't think this is a story that believes it and anybody believes it. That's that's sort. So is there justice it can report. I don't know I don't know where these the five with these the five men that we were seeing on tape hard to know and then the question of course it does any of this changed people's view of doing business in Saudi or do business with NBS. Well I think this is likely was done with that exact intention right. I mean you saw the way institutional investors stayed away from the Saudi Aramco. IPO certainly human rights was was was part of that. I mean I was at at that first big summit they had and you were there as well and it was packed and all the great and the good all the biggest pockets of money in the world where there the the next year or the year. After Kashoggi's murder was A. It was a bit of a ghost town. There were still people who went back. Even the administration was back the next year before this ruling ruling came out time out. You're in the penalty box per year. Maybe longer but it's not full on back I mean again that IPO Nobo- nobody invested in that IPO largely arm twisting of the retail. And you think that was a function though not of the transparency issues not of disclosure issues but of love a bigger. I thought it was. I thought it was always other it was. It was all of that but no I absolutely human rights. Violators doesn't help. And I just WANNA flip it for a second and think about this from his position within Saudi Arabia. Remember this is the guy who's a reformer I put that in quotes quotes to some extent but indeed there are some true reforms but at the same time he's a reformer is buying yachts. He's buying paintings. He's buying chalets and he's locking up. I don't remember the exact number over one one hundred over one hundred important people in the Ritz Carlton there and now this five people sentenced to death. Do People look at this and say now wait a minute. They were actually following out your orders. That doesn't it doesn't feel Josh. Turns the page turns page or brings them into a new chapter the entire situation so disheartening. It's hard to even it's hard to even talk about former. CEO OF UBER. Travis calsonic has now sold more than two point. Five billion dollars worth of his shares since lock-up period expires aspire. Just last month that leaves now with less than ten percent of his holdings left and put them on pace to be completely divested within days is remaining stake is worth about two hundred fifty million billion dollars. He's still a member of Uber's board calendar has been working on his new venture cloud kitchens which has been buying real estate around the world in a bet that restaurants. Well it's went. We pay rent capacity to create food four delivery but this is A. This is an indictment I think of Ober your terms of In terms of crevices view of the future of the company. Or is it something else to quote Jim. Cramer sell sell sell sell sell the smart money. Nobody on earth knows more about Uber than traffic on the board in business he knows the competitors e I mean this is a very very smart but could it be either some frustration eh frustration with the direction of the company that he disagrees with may not be wrong. Company was very nice to him when they were going out with. That was my question. It was really an indictment of over or is it just say something about the relationship so soured this guy cares deeply about his own personal net worth the first time I met him He told me how much personal net worth was a guy. So I don't think he's making control it the idea of handing over control to somebody else to be able to run his money if he can take it out and invested in a project where he actually has hands on experience because even though he's on the board I don't think he gets much much of a say in what happens in the company at this point and disagrees with Derek. Ostra Xiaoping where where things are headed as. Well things have been so afraid I I thought it was a poor form warm. They didn't allow him to stand on the New York Stock Exchange the day that they went public rather. It was a personal clash. They don't have to raise money for his new project and I see him. I don't see him as the type of person who would like to run his own money. He doesn't seem like somebody who is a passive sort of investor or somebody. Who likes to say okay? You run the show and I'll and I'll figure it out. It seems to me that he would WANNA be more in control of his desk. But aren't you both right. Isn't it also a personality clash every time Andrew. I've seen you ask Dora. Yeah and I've asked Dara the answer you get back. It is an emphatic. We love. We're besties release together. Star Wars the rise of skywalker brought in one hundred. Seventy six million dollars dollars in North America in its debut weekend that was enough to top the box office here but it is the smallest hall of the New Star Wars trilogy. The movie was hit with pretty harsh reviews and and a fifty seven percent rotten score on rotten tomatoes more most of the time. I don't care what the critics say rotten tomatoes. I pay a little more attention to. But it's not gonNA stop me from going to see this move the quilt. Well I think part of it is look at came out and the way the holiday falls this year. I'm GONNA see what the entire family of our is. The whole gang brothers wives. My parents my to do my son already saw it way. Better than what rotten tomatoes and I tend to think that that's probably the case most people I've talked to have seen. It said the same thing. If you're a star wars fanatic right. You're not you're a fan and he said it's better than the previous films so I think if you're a fan you're going and and I know that we're all saying Oh. This is the first under two hundred million dollar opening. But let's I mean let's be real one hundred and seventy six million dollars versus cats at six. And a half million dollar Farley family contributed Catholics to hold on stop stop. Stop the show what happened. Tell us give us a cat. So let me let me be clear. Yeah it was not really members of the Farley family and you saw the anime the read the early vote for they've affiliated the right digital changes or whatever. The review was scathing. There's a big movie. V Weekends Farley frozen to on Saturday they said it was actually quite good. Good music good plot not as good as being in either of these films career. God No okay and then cats. On Sunday kids hated it. They said Taylor first of all it was confusing. Even the ages fourteen and eleven girls. Okay and they said it was confusing and most damning Taylor swift was only in the movie for one. Short Song was how it was described him a little bit of a little bit of a bait and switch the fact. Is there now now putting in a new film. I mean they're actually replacing the film. I've never heard of that ever after the release date right there. I think there's a lot of people like us. We we actually. We had our big family movie date.

Tom Farley Saudi Arabia Uber CNBC CEO Saudi Aramco Joanne Lipman Taylor swift Washington Post Ross SORKIN Jamal Kashogi Istanbul Institute for Advanced Study NBA Princeton Princeton Crown Prince Mohammad advisor North America Ritz Carlton
Travis Kalanick Selling Out

Squawk Pod

02:32 min | 7 months ago

Travis Kalanick Selling Out

"Former. CEO OF UBER. Travis calsonic has now sold more than two point. Five billion dollars worth of his shares since lock-up period expires aspire. Just last month that leaves now with less than ten percent of his holdings left and put them on pace to be completely divested within days is remaining stake is worth about two hundred fifty million billion dollars. He's still a member of Uber's board calendar has been working on his new venture cloud kitchens which has been buying real estate around the world in a bet that restaurants. Well it's went. We pay rent capacity to create food four delivery but this is A. This is an indictment I think of Ober your terms of In terms of crevices view of the future of the company. Or is it something else to quote Jim. Cramer sell sell sell sell sell the smart money. Nobody on earth knows more about Uber than traffic on the board in business he knows the competitors e I mean this is a very very smart but could it be either some frustration eh frustration with the direction of the company that he disagrees with may not be wrong. Company was very nice to him when they were going out with. That was my question. It was really an indictment of over or is it just say something about the relationship so soured this guy cares deeply about his own personal net worth the first time I met him He told me how much personal net worth was a guy. So I don't think he's making control it the idea of handing over control to somebody else to be able to run his money if he can take it out and invested in a project where he actually has hands on experience because even though he's on the board I don't think he gets much much of a say in what happens in the company at this point and disagrees with Derek. Ostra Xiaoping where where things are headed as. Well things have been so afraid I I thought it was a poor form warm. They didn't allow him to stand on the New York Stock Exchange the day that they went public rather. It was a personal clash. They don't have to raise money for his new project and I see him. I don't see him as the type of person who would like to run his own money. He doesn't seem like somebody who is a passive sort of investor or somebody. Who likes to say okay? You run the show and I'll and I'll figure it out. It seems to me that he would WANNA be more in control of his desk. But aren't you both right. Isn't it also a personality clash every time Andrew. I've seen you ask Dora. Yeah and I've asked Dara the answer you get back. It is an emphatic. We love. We're besties release together.

Uber Cramer Ostra Xiaoping Travis Calsonic CEO Dara New York JIM Derek Dora Andrew Two Hundred Fifty Million Bill Five Billion Dollars Ten Percent
Do female CEOs get called out more often for creating a toxic work culture?

Marketplace Tech with Molly Wood

04:42 min | 7 months ago

Do female CEOs get called out more often for creating a toxic work culture?

"Of startups seemed to have toxic cultures. That is not okay but do female CEOS get called out for it more often even from American public media. This is marketplace tech demystifying the digital economy. I'm Ali would earlier this week. Steph curry resigned as CEO of the Trendy Luggage Company away after a report on the company's toxic workplace culture. Recently there have been several negative stories about female CEOS at at the period underwear startup thinks parenting benefits company. Cleo and the BRA company. Third love now. Other female founders are wondering where are all the stories about toxic workplaces run by men because startup culture is kind of legendarily bad ceremony. Gov Is CEO and Co founder of the Childcare Startup Winnie. She wrote a piece in tech crunch called the inevitable. Take down of the female. CEO She says the negative coverage female CEOS compared to their male counterparts is noticeably disproportionate. So overall AM super glad that we're starting to question some of these practices that I think have been common so so long in startups and we're holding startups in tech companies to a higher standard. But I also WanNa make sure that this questioning is being applied across the board to all companies. There was a recent report that came out that two point eight percent of venture capital goes to female founded and led companies And that's actually an all time high this year so in other words you'd expect that two point eight percent of startups exposed for having in these toxic work environments would be female founded female led. And that isn't true if you look at kind of a lot of the companies in the news so we have to do much better job above exposing bad male lead workplaces and especially before they get to be. You know the size of Uber. You shouldn't be able to get away with this kind of behavior for a decade and then walk away with billions of dollars. Yeah let's talk about startup culture specifically for a minute I had a female founders. Say to me we're all. Aw texting these articles to each other you know about thinks in Cleo and third love and away and were thinking that at least some of the things in here could easily really apply to me because on some level at least the work part the demanding part the long hours that's just sort of considered table stakes for working at a startup right. Yeah it is and I'm glad you know we're starting to question whether that is table stakes. We have for a long time. It when he said that isn't table. Stakes that actually. You can get more out of people people by having them work fewer hours and treating them like adults and giving them flexibility to have families. I did kind of chuckled to myself. One of the things you mentioned in the latest piece was three. AM slack messages. And I'm commonly on slack at three. Am while breastfeeding my daughter But I I do make sure as you kind of explicitly state like. No one should feel the need to respond to this until they're working but that is part of having flexibility. Do you think that the environment government that you're describing. Do you think that that just keeps more women from wanting to found companies in the first place I do think it definitely does hurt women then when they see this kind of news in the press. That doesn't mean we shouldn't expose these bad companies but we should also expose and promote companies companies and models for starting companies. Who Don't look like Steve Jobs and Elon. Musk and Travis Kalanick's like let's start to to share the stories of women who are mothers who are building companies at the same time as they're building their families and have great work life balance. Glad show more examples sample's of Katrina Lake with her child. Ip owing those are the kind of positive examples. That I think really help Make AAC women feel like they can do this too And so part of me writing the piece is I feel like I owe it to other. Female founders and other women who are are contemplating starting companies To show them that it is absolutely possible and that there is a model for this. That doesn't have to look like the male founders. That are these dictators that are creating these toxic environments. We can do things differently and we should do things differently ceremony office. CEO and Co founder of the Childcare Startup Winnie. She wrote a piece in tech crunch called the inevitable. Take down of the female.

CEO Trendy Luggage Company Co Founder Steph Curry Cleo ALI Steve Jobs Katrina Lake Elon Musk Travis Kalanick Eight Percent
"travis kalanick" Discussed on Recode Decode

Recode Decode

02:02 min | 1 year ago

"travis kalanick" Discussed on Recode Decode

"Listen to you want to understand why we have the largest global despite some crisis since we'll we'll to one of our major focus is a season is the future of war. We will look at how technologies like drones cyberwarfare and social media are changing the ways that conflict start and how they play out subscribe to season to displace now on apple podcasts or wherever you get your guests. Or here with James Citron, the leader of the Spencer, Stuart CEO practice. We're talking about a wide range of topics especially focusing on tech because James has been really involved in a lot of big CEO hires in tech and other big executives. One of the things is the downside of what happens when you have a crisis at a company, and what happens then I didn't ask you what Marissa's I know. You're not gonna talk about Mercer Mayer, but we still very proud of my role in recruiting Merson. I'm very proud of many of the things she did. And I think she did some some great things didn't all work out. But I'm now. Whereas you it's funny. It's you know, it's unfortunately, I think Yahoo was on a downturn. And almost nobody could have saved the situation. But one of the things when you have crisis like that not just with Mercer, but lots of different CEO's like with Travis kalanick's at Uber or right now with Mark and Cheryl at Facebook. What happens inside a company when there's like recently, there's been a million calls for Cheryl or Mark to Marquette be fired, obviously or you have a founder that actually like has that control that can't move out. I how do you feel about that in ability of boards to actually do anything? When when these companies are have way too much, founder controller have complete founder control, which would interesting Amazon doesn't have it and Facebook does Google did have it. And then what happens in these crisis? When there's calls for firing when Wall Street pressure talk a little bit. I know you don't want to talk specifically about whether they should be fired. But what happens with look it? I whether or not they're super voting shares or control or not actually. Think is not the central point the central point carrot is the degree to which aboard has or does not have confidence in their leader..

Mercer Mayer CEO founder Marissa Facebook James Citron Stuart CEO apple Cheryl Merson Yahoo Travis kalanick Amazon Mark Marquette Google
"travis kalanick" Discussed on News Radio 920 AM

News Radio 920 AM

05:56 min | 2 years ago

"travis kalanick" Discussed on News Radio 920 AM

"Route six in east ham Massachusetts. Goes to magazine, voted, Arnold's, the, ninth, best, seafood, dive, of all time in the entire country to get down. To Arnold's and check out their great food, for, yourself, call five zero eight two five five. Two five seven five or visit them. Online at Arnold restaurant dot com, for more information So happy we got three right answers, on that, I am, shocked we getting, aware people got, the we we literally got exactly three right answer something easy to look up on Google it's not an easy one to find, yeah I am I am very impressed that we got three right answers Jones is that there are additional people other than me who like bad SCI fi movies there's that. Lift is apparently, seeking, an, advisor, rather, his, hired, in, advisor to prepare for an IPO in twenty nineteen Mike. Do you think I was thinking about this and you know it's kind of a race to public between Uber and left they both been talking about doing. It in two thousand nineteen do you think, there's a significant advantage to whichever one goes public I know really I. Don't, there is why I don't know I feel like whoever goes I is going to be like okay, these these are the legit guys you know, from a customer perspective they're going to go with the preferred. Public company my only thinking is that it seem more legitimate. I feel like I I think there's gonna be a lot more? Fanfare around the, IPO whichever. One goes first Well I think, there, might be more. Fanfare. I don't think that. Means are we are we talking which. One, of, these is going to have the. IPO that goes better which was this mean for the company going. Forward I, don't think it's going. To be particularly significant for the company long-term which. One goes first, but in terms of which I PO, goes off more. Successfully, overdose no, matter what really it's the bigger name I think they go early next year yeah I I've, been playing for a while, there's there's so much buzz about Uber in the size of it it's it's it's going. To, go it's going, to, be a sixty billion dollar company the date IPO whereas lift is going to be ten maybe twelve billion yeah I mean I'm not saying. That Uber is. Gonna lift is going to, outside Uber in terms their IPO, but, I, think whoever goes I I. Think he's, going to have a, bigger success versus expectations on their IPO itself yeah. I just I I it's so hard to compete. Against the Uber name, even though the Uber name has gone up against some pretty tough stuff that's largely been Self-imposed over the last couple, of you what do you what do you think? People across the board prefer today 'cause it used to be Uber a, lot but I'm seeing, more and more people opt for less now so I switched, over, to lift I. Did. About a year ago. When they were going through all the. Problems, with, sexual harassment and Travis kalanick's Berea. Drivers scandal after scandal is enough of this like I want to. Deal with, it anymore and I. Haven't switched back because quite honestly a lot of. The drivers drive, for both of them anyways getting the, same drivers no. Matter, what but, I found the experience on lift they've done a nice job redesigning their app it's easy it's, intuitive user friendly it's easily, schedule rise in advance if you want to or something like that so I've moved over. To, lift and I'm, never, going back I think it's fifty fifty and that's. Just my opinion but I'm assuming on the lift app you can request five passenger vehicles Yep yeah because that was a big. Change over made maybe a year ago, that's that's attracted me to them Wherever I. Go you can do that left Okay? So, we got Labor Day, coming up in well the, weekend started yesterday I guess technically. Because no no one works on this, Friday apparently for this week No why does no one worked. The last week in August if I could now. Work at the last week the week of August I wouldn't work either really it's the. Last hurrah, of summer, I just hate. Vacationing. When it's busy for everyone I couldn't agree? With, you more because you, want you, go to your, said vacation spot it's just you. Know it's more traffic All the same people that were at home are, now here and oh, it's a different location. Yeah. Yeah but fighting each other at. The grocery store generally speaking role of August you're. Looking at some of the best weather of the summer at least reliably you know the. Least amount, of rain, and usually come I mean what So that that's a big. Piece of it and so you, got the extra you got the extra. Day of occasion it raises the question when is the best time to leave in order to avoid Labor Day traffic is never because you're gonna hit it. No matter what like I'll pull up my phone right now and I guarantee you all over the map on getting get bundled on the way home by traffic you're gonna. Get what, bundled Is that a word yeah it's my new thing I've ever heard of that I'll look. At traffic. On the. Way, home tomorrow to the. Financial stews stay. For the brand new bingos, that don't exist anywhere else the oh. In our home perfect okay hypothetically the best time to get on the road. Is between five AM and seven, AM on either Friday or Saturday which. Is a Greek many cases completely impractical why because I'm not going to wake up my kids three hours before they usually wake up to get on the. Road oh yes you damn well that's a you problem you're the parent tell them what to do get him the hell on a car I'd. Rather send the traffic really Oh I got. My kids through okay because, they'll nap then earlier right I don't. Know base this often nothing yeah You are honestly we experience. For. Okay yeah no you don't. I? Don't how many months we got. No. Tucker For. Next December right, next year is going. To, be, so much. Fun on the show is it I. Can't wait I can't. Wait nominee? Zero hours asleep It's going to be absolutely phenomenal folks I want to tell you about a great, event, that we are hosting on Thursday September thirteenth. For less than two weeks away now and this is going to be, Arnold. Lobster and clam bar east ham mass we are having a, special live broadcast of the financial exchange followed by an educational ones with the Armstrong advisory group and what? Are we going to be talking about We're, gonna be, talking about.

Arnold advisor Google east ham Massachusetts Jones Mike harassment Tucker Travis kalanick Berea sixty billion dollar three hours Zero hours two weeks
"travis kalanick" Discussed on Hot Talk 1080 KOAN

Hot Talk 1080 KOAN

01:35 min | 2 years ago

"travis kalanick" Discussed on Hot Talk 1080 KOAN

"Also to those of us who use of services harry welcome back to the show everything o'neill all right so over versus lift we talk to we we've talked over the last year i gather lift his grabs a market share over 2017 correct it definitely i mean i think if anyone been following the news at all lubert didn't have the best year press wise they sort of had a quite a few corporate scandals than a couple of issues that came up here in their their ceo caught on video arguing with the driver and pretty much range the gam it there but i think oh this was able to capitalize on some of it but you know i think some people are still saying that you know they haven't made uh th quite as full games you know to be sort of a number two player with uber they're still sore eye far second video camera arguing with a writer is a no longer with the company that israel i should say former ceos of their former ceo of hoover other hoover travis kalanick and now they're near seattle named dara and i'm going to say k because i can't pronounce they last names on iraqi i believe uh he's running a lot of changes as he did his hundred eighty daya changes where they could now put a tip on your right on your phone for uber drivers which was i think probably pretty really good deal for drivers yep yeah so we've seen in on increasing status factor among brick drivers because that features like the tipping option drivers now have a twenty four seven support line and two thousand seventeen was also the year of the first year in a wild at buber having to cut rates which is good for drivers may be a consumers want we're not good for them but you know at the same time i think it's still pretty cheap to call for an uber or or left let's talk about that in a moment i just wanna do you say though that you you.

ceo writer travis kalanick seattle dara buber o'neill israel hoover
"travis kalanick" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:38 min | 2 years ago

"travis kalanick" Discussed on Bloomberg Radio New York

"Browse your favorite podcasts it is day two of the over versus waymo trial in controversial uber founder and former ceo travis kalanick took the stand callinig is the most anticipated witness at this trial which is set to last three weeks and waymo went after him over the technology at the center of this case lie dr the light radar technology that engineer anthony levandowski focused on at google whom or tax newcomer was at the courthouse he joins us now from san francisco so erica i'm sure it was quite a show what travis have just say it was it was interesting are chan jam sessions with anthony levin dallas ski and sort of conversations about what they were talking about before oubre hired selfdriving trucking company auto which then brought down the house of alphabet on them so we sort of what they were talking about key part of that wise you know there were some notes that they were looking for i p intellectual property so that something that's very important and then this general idea that hoover was hungry for laser technology lied are to catch up with alphabet that just permeated all the testimony we've seen so google is definitely trying to drive home that idea that hoover new is behind you know seventy behind starting and was desperate to catch up when it comes to laser technology didn't theme at any point travis had been cornered are caught unawares then a testimony no i think travers is now pretty old hat being deposed this was more public but he sort of mostly short one word answers and honestly here there are moments of know the fun travis somebody asked one of waymo attorneys asked him what a jazz session was and travis went on talking about how you know when you have a jazz ensemble going and sort of describing that so if anything sort of funding light it was only the beginning and then a couple times waymo is attorneys had sort of you know impeach him and take it to the deposition in true some slight contrast between what he said on the stand and what he said before but nothing i think that made him look too bad and let's talk about what happened leading up to this point they'll girlie a partner benchmark who is on.

founder anthony levandowski google san francisco ski hoover travers ceo travis kalanick engineer anthony levin selfdriving trucking company partner three weeks
"travis kalanick" Discussed on KQED Radio

KQED Radio

01:49 min | 2 years ago

"travis kalanick" Discussed on KQED Radio

"And joins us now hi teddy allergan it's going well and this is about waymo 's trade secrets and one of its former executives anthony levin dow ski what exactly is waymo claiming sure what what else could of claiming that there's some sort of conspiracy here between love endow ski who is a former engineer and hoover to take trade secrets from waymo in selfdriving technology and bring them over to over at which point to giving hoover herb helping uber and vantage into selfdriving tech race the company filed lawsuit after finding that lemon dusky downloaded about fourteen thousand files are right around the same time he left the company and the question is were those trade secrets than used to give uber an early advantage in the selfdriving race when you've or later acquire levin doussi's company and leather dusky is pleading the fifth in this case but another figure at the centre the story is uber's former ceo travis kalanick uh did waymo present any evidence to implicate either of them right will because levin now she's playing a fitted sort of shifts beat the focus of attention to cowl neck who who is in a lot of ways the largerthanlife figure in silicon valley so he's kind of the center of lima suit i'm trying to prove a conspiracy between kalmyk alvin now ski because lindau skis not memes a party in the case because he's plea ends clean the fifth the question is you know what was caught while the celtic now when did he know it so they're working hard to show that you know he was of course bring this tracy was involved in help helping let endow ski give over this advantage alone evidence that waymo shows kind of rawls ron travis his personality which is wellknown here in tak showing his desire to win officially any cost in selfdriving so a lot of it it is is trying to paint a portrait travis is someone who would do anything to win including allegedly stealing trade secrets.

waymo engineer levin doussi tracy anthony levin hoover ceo travis kalanick lima ron travis
"travis kalanick" Discussed on WEEI

WEEI

02:45 min | 2 years ago

"travis kalanick" Discussed on WEEI

"Travis kalanick see france tasting this week for the end zone the chiefs by to touch heralds carol swain erlichs helped put jim bohannon cheats history in playoff touchdown passes walltowall the box chiefs radio network alec smith hitting travis kelsea and demarcus robinson in the opening half karim hot went in for a short run in kansas city at a committee twenty one three lead at the break but kelsea left the game with a concussion which was huge in marcus marietta wasn't done playing the titans quarterback sparked a secondhalf comeback ignited by some good fortune right now back to his left secret going into the end zone who the but see exactly uh who with two d did throw it he touchdown touchdown titans touch he did indeed you heard it on w g fx i was telling my wife you'll never see that you can watch the nfl playoffs for another ten years you won't see that again mario to becoming the first quarterback to toss a scoring pass to himself in a playoff game and that cat the 15 play ninety one yard drive derek henry ran thirty five yards for a touchdown with just under fifteen minutes to go in the foot titans finally finally took the lead eight minutes later grows down the middle dear two according to lead this wildcard game again the call from w g fx eric dekker's twenty two yards scoring reception marcus mary oda and the titans have earned a spot in the afc divisional round a racing that eighteen point deficit he led three secondhalf touchdown drives tighten earned their first playoff win in fourteen years stoning the chiefs twenty to twenty one in kc derek henry had a careerhigh hundred and fifty six yards almost became the gold when he appeared to fumble when tennessee was looking to run out the clock derek johnson picked it up took it back to the enzo would just under two to go video replay though reverse that call it was he he was down before he gave it up smit pastor to sixty four but to thirty one.

tennessee smit afc nfl karim demarcus robinson jim bohannon carol swain erlichs france derek johnson Travis kalanick titans mary oda eric dekker derek henry mario marcus marietta kansas city travis kelsea alec smith thirty five yards twenty two yards fifteen minutes fifty six yards ninety one yard fourteen years eight minutes ten years
"travis kalanick" Discussed on The Economist Radio

The Economist Radio

01:50 min | 2 years ago

"travis kalanick" Discussed on The Economist Radio

"Like the wave that yvette had been conducting a criminal record holds checks and it didn't like the wave that you've had being processing medical checks and then full flee it didn't like the reports that it was using grape bull software which essentially is a software system which prevents regulators from seeing exactly uber is doing on the ground by displaying a fake map all it's anp when regulators tried to use it will follow what is trying to do that this is quite a big deal food provide london is a a big importer markelle trip so this is quite a headache for the new chief executive on top of all the other ones he inherited which is why reporting it's not simply a big problem it's probably his number one biggest problem at the moment this is partly because london is a big big market for four eba person has the third largest taxi trade a wall london is a flagship market for either which the founder of the travis kalanick prioritised early on in the apps developments the problem is also that other transit authorities other regulators looked transport for london as a bottle for how they should behave it it goes it has consultants and that it rents how to gaze ramble wealth lecturing transit authorities about why they should never bill the circle line or how tell freight traffic lights in the may sufficient manner so uber's problem is not that it's facing just record aces london the risk is for the bodies of other regulates ramble worlds two sought saying that uber has to fully the rules group has appealed against the decision by transport from london to remove its operating licence cited come the mayor of london said the appeal persons go on for a number of years i'm sure we'll be returned to mixed.

yvette software system chief executive london founder travis kalanick
"travis kalanick" Discussed on This Week in Tech

This Week in Tech

02:01 min | 2 years ago

"travis kalanick" Discussed on This Week in Tech

"Uh in june travis kalanick finally left uber first with aleve and then leaving permanently in a new ceo search began took while uh would it when we come to the end of the year was a good year a bad year fooballer was started bad i mean this was the the combination of susan fowler's memo that we spoke about earlier was the the ah the departure of travis kalanick they brought in a very i i think many agree a very good ceo towards the end of the year darko show us of a high husrai shaw and i'm sorry they just they has calm dr uh and uh he has done what he can but but certain revelations came out for instance that uh obre had been hacked and that records from seven million drivers and fifty million users had been released but that guber last year covered it up paid a ransom paid a ransom to the haggard one hundred thousand dollars pretending that it was a bug bounty then asked the hacker to sign an nda so that no one should know oh this is by the way you a violation of federal law it is and there will be upshur uh something mobile seat dan they're in trouble overseas earn asked their lessons to operate in london i mean you you can go down the list there's not a lot of good news site i don't know how you look at 2017 for uber and think that they're that it's anything other than a very bad year however that the bringing ilk having kalanick out and bringing in darra um i think that sets oubre up for a good next year for 2018 came in at the tel and it still really kinda early to see but seems like his head is in the right i like it in in the right place i've liked what i've seen so far but i mean this has been the year were in a there are a lot of things that you woke up every day and expected to read in the news one of those things was what to do bor do this week or what to do blown by three halftime that i were to sleep in they're very twit was okay over news the latest eta almost quite to where it was like why do we even keep talking about it there.

travis kalanick susan fowler ceo darko federal law one hundred thousand dollars
"travis kalanick" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:26 min | 2 years ago

"travis kalanick" Discussed on Bloomberg Radio New York

"Regulators hugh already saw in the instance in london where regulators there revoked uber's license that part of the issue is they just didn't trust guber and the company hadn't really represented very clearly what had gone on and this is yet another sign that uber who is willing to go to great lengths to hide information now believes it was required to report from regulators and that's certainly can give cities states and national governments all over the world serious pause now how can we be sure that this information didn't get into anybody else's hands and that the hackers did indeed delete this information normally wait and sit on information so that certainly a concern i think uber's believe here is that they did paid one hundred thousand dollars the they had evidence perhaps that it was the files were actually deleted we don't know who that these hackers were but they refer to them is you know these two individuals so i think right now there is a belief that that information is an out there in the public and of course uber's offering data protection for the drivers affected by the most serious information breach here so what travis kalanick now and when it he always a good question i mean a lot of this falls to joe solve their chief security officer who is also their gdp general counsel keys now been ousted as part of this along with another senior attorney calix certainly new in november 2016 that this hack had taken place he knew the company had been negotiating the attorney general's office in new york and the ftc there are questions about how much he knew the legal reasoning and legal obligations behind this decision what he certainly knew about the hack and you about this scrutiny that hoover face from regulators and attorney general's office's so what penalty could over face here could they face some sort of consequences from regulators could they could be hit with a lawsuit in fact anything's possible you know as we've reported before uber faces sort of ongoing criminal probes that have touch on at least five different areas so this is a company that name regulators and in law enforcement officials are looking at so egged their dozens of civil suits against uber so it certainly.

guber officer general counsel new york ftc hugh london travis kalanick joe senior attorney attorney hoover law enforcement one hundred thousand dollars
"travis kalanick" Discussed on Tech News Today

Tech News Today

01:35 min | 3 years ago

"travis kalanick" Discussed on Tech News Today

"He's craig i quit now we've had a lot of long national nightmares but the new the one involving uber's search for a new ceo appears to be over one national nightmare down a josh many more to go the replacement for travis kalanick according to many sources is likely to be dara a 'cause rochon he cannot it not an easy last name to say but i'm i'm working on it ceo of expedia since two thousand five who's grown that property from two point one billion dollars in twenty in two thousand five to eight point seven billion dollars in two thousand sixteen recode first posted about the pick based on its sources sunday evening but as of now no official confirmation has been made by uber about darras hiring however there was a letter that was sent to expedia employees by expedia chair barry diller that confirms the dar es has been asked to do so though nothing is finalized yet so we've got that at least and then even more sources sang dhar is scheduled to address who were employees in an all hands meeting in the next day or two so who the heck knows but it really seems like things are the old it's zeroing in on dr at this i hope he told his wife like 'cause it's very upsetting for her to find their owed by the way yeah something happen today at were so ben tom saying he always has a interesting takes on the news at strategic hurry in of off cut commonly onto at he says he describes him as stable successful and well compensated.

ceo travis kalanick expedia barry diller dhar craig josh dara official dar es ben tom seven billion dollars one billion dollars
"travis kalanick" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

02:21 min | 3 years ago

"travis kalanick" Discussed on WNYC 93.9 FM

"The line and word for fraud comes in here as they say that talal neck was kind of hiding all of these problems use mentioned including the sexual harassment allegations and that travis kalanick was increasing is role but not being honest with the board of directors so there have been suggestions that kalmyk could at some point returned to bar is that still possible one at one of the movers sent out were earlier early last week that's not in the courts right uber obviously the others there's a kind of old silicon valley ride from steve jobs who kalyk as compared himself to where you know the ceos ousted any comes back in a righteous a rights are not tirade and reclaims what is his and it's come this method the founder right that's always been kind of a key part of legend here uber put out word at amount as speculation mounted that he was gonna try and return but that's not in the cards and she it has been now toll risen now publicly that he's not returning but i'm sure that will not kind of quiet a pretty aggressive and ambitious travis kalanick so a what does this mean for the company i mean if they're pushing kalmyk further away from is that a good thing or does a lawsuit like this just cast another shadow on this company that testimony problems clot certainly going to make things message right i mean obviously you're over has as other lawsuits have currently managing and now this is one that is totally you know know to certain exit selfinflicted benchmark is basically announced that were in a foul lawsuit against our own former ceo i guess benchmark would argue that this is what's best for the company a longterm were looking out for the value of the company overall even if that means that in the short term we don't have yet another lawsuit yet another scandal and you know the ownership struggle the power struggle is going to remain in the news from us so this is gonna get pretty harry meanwhile they're still looking for new ceo recode's zetti shlaefer from san francisco covering the story for us this morning thanks so much steady coal thanks mm.

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"travis kalanick" Discussed on Triangulation

Triangulation

01:42 min | 3 years ago

"travis kalanick" Discussed on Triangulation

"Four 95 uh he was only twenty one years old at the time and scour was first company and that was a music search business and then the last one i found was napster and of all of the music search companies napster was the least wellknown but it which the three blocks down the street from alta vista so that's how i got to interest healthy the it's in a way you can almost say there's a modernday mafia if people who left napster and and these other businesses that that was an incubator because when you're in your early twenties music's what really is interesting so that's where you're going to go and there were some amazing names from that time so i mentioned travis kalanick he was at our yeah uh sean parker and john fant and yet also jordan ritter uh who you at on your show heads awhile again jordan's great he's quite a character and he's still kinda doing search in a way wrecked you know image recognition things like that so sean parker went on to do a several startups after napster but one of them was hooking up with mark zuckerberg at facebook and that's really what made him famous and eight emrich made him rich i e unedited famous already thanks to metallica the where tack we're talking to don dodge in in ivory and i'm saving a we're going through the career tree i didn't mean to do that to work walk your resume apologize but i i i i'm saving the the best for last because i want to talk about rayasi a guy you called one of the smartest guys you've ever met uh i won about groove and coming to microsoft.

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"travis kalanick" Discussed on Daily Tech News Show

Daily Tech News Show

01:59 min | 3 years ago

"travis kalanick" Discussed on Daily Tech News Show

"Need one emma modus arrive kill hey folks if you want to get all the tech headlines each day in about five minutes subscribe to daily tech headlines dot com is a podcast on your amazon echo is a flash briefing or in the anchor app at anchor dot fm all right who receive travis kalanick announced he has accepted the investors request to step aside so that hoover can go back to building rather than be distracted with another fight he had already stepped away in a leave of absence and apparently five of the company's biggest invents vende investors benchmark first round capital lower case capital menlo ventures and fidelity investments demanded his resignation he accepted the investors request so he's a there's there's a little between the lines frustration here uber board issued a statement saying very nice things about callinig and finishing up by saying we look forward to continuing to serve with him on the board he is a member of the board of directors and the new york times reports that he controls the majority of members voting shares so keep didn't have to do this the board couldn't make him do it because he has the majority of the votes but he decided to do it anyway that implies that even travis kalanick thinks it's probably just best for the company if he's not involved at despite his own inclinations so there's a lot of questions out there does it have to do with the horrible press releases that have been put out defending or does it have to do with the investigation does it have to do with susan fowler does it have to do with the lawsuit with ueno or some people are speculating those things as bad as they were and are might not have driven him away if guber was in better financial shape but maybe it's lacklustre earnings you know over will could be i mean.

hoover menlo ventures fidelity investments new york times ueno guber emma amazon travis kalanick vende first round capital susan fowler five minutes
"travis kalanick" Discussed on KFI AM 640

KFI AM 640

02:22 min | 3 years ago

"travis kalanick" Discussed on KFI AM 640

"Customers employees service suppliers you can't build up a business model and travis kalanick was at war with every one travis kalanick late last night stepped down as the chief executive officer for uber he said in a statement that his departure is going to help the company returned to growth rather than be distracted by another fight and in fact that that what would you call them the professor dutin hoffer says the significance of labour has declined because the company has not managed to present itself in a stable and socially responsible way which i think is interesting on in the business world the significance of uber may have declined i can only see it growing in the actual world i only know people who continue to use uber on a regular basis or people who hadn't up to this point who are use using it now my wife for example my wife had never used the ride sharing up in her life she went to seattle and fell in love with it immediately felonies lifter over i think the first one she did was lift but the idea that you could tell them where you are hey come pick me up it's guaranteed clean car it's not some ran i mean it is some brando but it's not some rando off the street i use your kids awesome an alias clinics i don't use uber why not i just down but i have a lot of girlfriend's i edge find the service not as great as a lift all gone and i have some friends who don't use it for a social reason because of their sexual harassment in all that which is also a problem oprah's board has confirmed the travis kalanick has resigned and one of the things that was a problem with uber was that perception that they are tolerant of sexual harassment and they have been dealing with lawsuits there were stories from other people of fraud from former workers who said that they had been subject to subject to sexual harassment there were people who complained that from the highest levels there were sexual harassment straight from travis kalanick on the way down and you remember a couple of weeks ago we read to you an email that he had sent out a few years back about the company party in miami where.

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"travis kalanick" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:43 min | 3 years ago

"travis kalanick" Discussed on Bloomberg Radio New York

"Affect but in the context of another technology company in that lubar because i keep thinking about as dave said this intermediation and labour certainly has the met in the transport industry tell us about changes right uber is the ultimate this in term'mediator very with hardware to say it so we we got news overnight literally while i was sleeping that uber ceo and cofounder travis kalanick has been sexually forced to resign by a group of lubers investors who basically demanded he resign immediately and even though key in some of his allies control the majority voting power at the company he decided it was better for him and the company i guess to step down as investors demanded rather than hang on and kennedy creative big mess it didn't you come into the office today and right down a list of questions of aspects about this whole transaction and change in in control all that just didn't didn't totally makes sense yes i have a list of questions to which i have no answer and the basic question is why did investors forced this issue now that hoover has been a company under perennial scandals basically for its entire existence but certainly for the last six months or so and as far as i know the investors didn't press the issue before now and so the question is is there some worst scandal that we don't know about yet that made them push him out the company's been looking for sort of a powerful coo to run the company along with travis kalanick so are they worried that a callinig wasn't allowing that person to whoever that person may be to actually share power are they worried.

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"travis kalanick" Discussed on WGN Radio

WGN Radio

02:03 min | 3 years ago

"travis kalanick" Discussed on WGN Radio

"And the reason has to do with acknowledgee the guy who thought of uber who is not travis kalanick the famous an infamous ceo it's this canadian engineer named garrett camp who had founded another company called stumble upon he's the one who had the epiphany that there were two semiconductor chips in this in the iphone one was an accelerometer and the other was a gps chip this is the i kept its in air air airplane guidance systems that cost millions and millions of dollars to hear it was in the computer he was holding in his hand this these two pieces of technology is what enabled the app and so though it seems obvious it actually wasn't possible before the iphone is there a board without a travis kalanick as we know it today probably not most view interviewed a hundred knowledgeable people 95 would say no way could not have done it without him or maybe as quickly i mean he's the worker hollick sort of a year repressive will force that really has been driving this company yes and more and that is the person who was you know a proverbially unwilling to take no for an answer and willing to do whatever it took including pushing the envelope legally ethically morally which was critical to getting this company to where it is look at these people got that's a good idea i should have thought of that but actually can't because the genius of these people as a sort of indifference to the feathers they ruffalo along the way they have a vision and they'll make it happen and moreover in and and i tell the story in the book celtic personally experienced a lot of entrepreneurial failure he knew what it was like to not succeed and in fact most people don't succeed most entrepreneurs in silicon valley even though censure capitalists don't succeed with most of their investments but then it took off right i mean once it was on the app store was there tipping point did all of the sudden somebody right about it in the wall street journal lennick grew or was it literally organic persontoperson initially it was it was literally word of mouth it was was actually word of twitter.

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