Travis Kalanick

Threat of an Uber strike looms over IPO

A 2016 Uber protest in front of Uber's New York offices. Photo: Specer Platt/Getty Images

Uber and Lyft drivers in NYC and some other big cities will strike by logging off from 7 to 9 a.m. on Wednesday, ahead of Uber going public, per CNN:

What they're saying: Drivers "want livable incomes, job security, and regulated fares."

Uber floors Travis Kalanick on IPO day

Illustration: Lazaro Gamio/Axios

Uber CEO Dara Khosrowshahi has decided against inviting predecessor Travis Kalanick to join him on the New York Stock Exchange balcony during next Friday's bell-ringing ceremony, according to multiple sources.

Details: Instead, Kalanick has been offered to be on the NYSE floor, alongside other company directors. No word yet on if he plans to attend.