Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Ryan Graves, Uber's first employee and original CEO, has resigned from his current post as VP of operations, according to an email sent to employees on Thursday and obtained by Axios.

  • Despite stepping down from an operational role, Graves will remain on Uber's board of directors, which has been searching for a new CEO since the June resignation of Travis Kalanick.
  • Graves wrote in reference to the company's current search for a CEO: "My hope is that ensuring my transition is known and planned for well before our board's decision on CEO it will help to make it clear to our team and to our new leader that I will be there to support however I can."
  • This is a bit surprising given that Uber sources had recently referred to Graves as re-engaged in Uber operations, after having been viewed as largely absent in the months leading up to Kalanick's resignation.

Below is the entire email sent by Graves:

Uber team -- In the past 7.5 years of building Uber, I've learned so many different lessons, one of which is the fact that people who embrace uncertainty and change have the best grip on reality. In the middle of September, I'll be embracing another big change on my journey with Uber and will transition out of a full-time operating role to focus on my role as a Board Director. In every position I've held at Uber, as GM, then CEO, then SVP of Global Operations, I've focused on people and team. Uber's launch, our rapid growth, and now global impact, are all a testament to the quality of the folks that I have had the pleasure of working and growing with. That team is now the driving force behind the durability and importance of the business we run in over 600+ cities. In some ways my focus going forward will not actually change very much -- it remains all about people, and it's clear to me the stability of our board of directors, the selection of our new CEO, and the empowerment of our management team is what is needed most. So I will do everything in my power to deliver on those goals for the benefit of our organization and the millions of people -- riders, drivers, eaters and couriers -- and their communities that Uber serves every day. I could not possibly stress enough how insanely proud I am of this organization. The dedication towards our mission of providing transportation that can be trusted, to everyone, is noble. We, as a team, have achieved something that has truly changed the world for the better, and will continue to do so long into the future. I also have deep gratitude for the lessons learned from Travis, from my colleagues on Uber's ELT, and my Global Ops leadership team over the years -- notably Rachel, Austin, Jo, Mac, Pierre, Droege, Penn, Jambu, Ro, Mike, Amit, Meghan, Barnes, and so many others who have given so much of their hearts and lives to building this company. Thank you. Without you, I wouldn't be the person I am today and for that, I will forever be in your debt. When you go through an experience like we have building Uber you forget that it's not just the people across the desk that are making a huge investment, it's also the partners and spouses, the families and the friends at home also making sacrifices. I would never have been able to make this journey without my wife Molly there to listen and advise. The ride hasn't always been easy but nevertheless, she's been there with me to laugh, to cry, to plan, and to celebrate. She deserves more credit than anyone in supporting me through it all. She's been the most constant and enduring partner, right at my side, and building her own company and our family along the way. I *really* look forward to being able to return the love and spend more time with her and with our boys. So, why now? Well, there is no great time for a move like this one. But it's really important to me that this transition doesn't take away from the importance of the onboarding process of our new CEO, whoever they might be. My hope is that ensuring my transition is known and planned for well before our board's decision on CEO it will help to make it clear to our team and to our new leader that I will be there to support however I can. There is another lesson I've learned that we should have applied much earlier. We should have taken more time to reflect on our mistakes and make changes together. There always seemed to be another goal, another target, another business or city to launch. Confucius said that reflection is the noblest method to learn wisdom, and fortunately, our new found reflection and introspection has become an asset to us and we have evolved and grown considerably. Our culture, our processes, our leaders, and our teams have become wiser, stronger, and more mature because of it. Regardless of which role I hold in the future, I'll be dedicated to supporting Uber's leadership, partnering with Uber's new CEO to understand the complexities of this business and this organization, and to continuing to deliver on the critically important mission and future we have ahead of us. Again, thank you all, and let's Uber on!Best,RG

Go deeper

32 mins ago - World

Brazil senators vote to recommend criminal charges for Bolsonaro

Brazilian senators vote on probe into President Bolsonaro's handling of pandemic. Photo: Gustavo Minas/Bloomberg via Getty Images

A Brazilian Senate committee Tuesday voted to approve a report recommending President Jair Bolsonaro be charged with a raft of criminal indictments, including crimes against humanity over his response to the COVID-19 pandemic, per AP.

Why it matters: Bolsonaro has become the face of a right-wing approach to the pandemic that includes repudiating vaccines and masks and resisting lockdowns and other mitigation measures. The Senate report holds him personally responsible for half of the country's 600,000 deaths.

Former Georgetown tennis coach pleads guilty to accepting admissions bribes

Gordon Ernst (left) former head tennis coach at Georgetown, outside a courthouse in Boston in 2019. Photo: Jessica Rinaldi/The Boston Globe via Getty Images

A former Georgetown University head tennis coach has pleaded guilty Tuesday to bribery charges related to facilitating the admission of prospective applicants.

Why it matters: Gordon Ernst solicited and accepted bribes from William Singer, ringleader of the cheating scheme uncovered by Operation Varsity Blues, and families in exchange for helping prospective applicants get into Georgetown as student athletes, according to the Justice Department.

4 hours ago - Health

CDC says some immunocompromised people can get fourth COVID shot

Photo: Noriko Hayashi/Bloomberg via Getty Images

The Centers for Disease Control and Prevention said in updated guidelines Tuesday that some immunocompromised people who have received either Pfizer or Moderna's COVID-19 vaccines will be able to get a fourth shot.

Details: People over 18 who are "moderately to severely immunocompromised" and have received three doses of an mRNA vaccine may get a fourth shot (of either the Pfizer, Moderna, or Johnson & Johnson vaccines) at least six months after getting their third Pfizer or Moderna dose, per the CDC.