Jun 21, 2017

Uber CEO Travis Kalanick resigns under pressure

Heisenberg Media/Creative Commons

Travis Kalanick, who took a leave of absence last week, resigned as Uber CEO on Tuesday evening. The move, first reported by the New York Times, came after a group of significant investors in the ride-hailing company had been seeking his ouster, as Axios reported earlier on Tuesday night.

What happened: Over the last few months, Uber had been embroiled in a series of controversies, including allegations of sexual harassment and discrimination that triggered a pair of investigations by law firms, and a trade secret theft lawsuit by Alphabet's self-driving car unit. Last week, Uber's board pressured Kalanick's second in the command to resign and fired more than 20 employees following investigations into its workplace issues.

What's next: Kalanick will remain on the board of directors, according to the NY Times, though the company will now have to find his replacement. It also still has to hired a slew of other executives, including a COO and CFO.

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Coronavirus spreads to more countries, and South Korea ups its case count

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The novel coronavirus continues to spread to more nations, and the U.S. reports a doubling of its confirmed cases to 34 — while noting those are mostly due to repatriated citizens, emphasizing there's no "community spread" yet in the U.S. South Korea's confirmed cases jumped from 204 on Friday to 433 on Saturday.

The big picture: COVID-19 has now killed at least 2,362 people and infected more than 77,000 others, mostly in mainland China. New countries to announce infections recently include Israel, Lebanon and Iran.

Go deeperArrowUpdated 29 mins ago - Health

Centrist Democrats beseech 2020 candidates: "Stand up to Bernie" or Trump wins

Bernie Sanders rallies in Las Vegas, Nevada on Feb. 21. Photo: Mario Tama/Getty Images

Center-left think tank Third Way urgently called on the Democratic front-runners of the 2020 presidential election to challenge Sen. Bernie Sanders on the South Carolina debate stage on Feb. 25, in a memo provided to Axios' Mike Allen on Saturday.

What they're saying: "At the Las Vegas debate ... you declined to really challenge Senator Sanders. If you repeat this strategy at the South Carolina debate this week, you could hand the nomination to Sanders, likely dooming the Democratic Party — and the nation — to Trump and sweeping down-ballot Republican victories in November."

Situational awareness

Warren Buffett. Photo: Daniel Zuchnik/WireImage

Catch up on today's biggest news:

  1. Warren Buffett releases annual letter, reassures investors about future of Berkshire Hathaway
  2. Greyhound bars immigration sweeps
  3. U.S. military officially stops offensive operations in Afghanistan
  4. America's future looks a lot like Nevada
  5. Centrist Democrats beseech 2020 candidates: "Stand up to Bernie" or Trump wins