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Jeff Chiu / AP

Jeff Jones, the former Target CMO who joined Uber less than a year ago as president of its ride-hailing business, is leaving the company, as Recode first reported and Uber confirmed to Axios.

Jones is exiting as the company deals with a flurry of recent controversies, including allegations of sexual harassment. Uber CEO Travis Kalanick recently announced a search for a COO to help him better steer the ship, and it appears to have been a factor in Jones' decision to leave.

"After we announced our intention to hire a COO, Jeff came to the tough decision that he doesn't see his future at Uber," Kalanick wrote in an email to employees on Sunday obtained by Bloomberg.

Update: "We want to thank Jeff for his six months at the company and wish him all the best," Uber said in a statement.

The story has been updated with Uber's confirmation and information from an email sent to Uber employees.

Go deeper

37 mins ago - World

Netanyahu campaigns against Biden's plan to save Iran deal

Netanyahu campaigns at a gym last month. Photo: Pool/AFP via Getty

Israeli Prime Minister Benjamin Netanyahu indirectly criticized the Biden administration for its intention to return to the Iran nuclear deal and told his supporters he was prepared to "stand against the entire world" to stop it.

Why it matters: This is a major change of tune for Netanyahu, who had been careful in his statements on the Iran deal and avoided publicly criticizing President Biden. The statement was part of Netanyahu's attempt to rally his base ahead of Israel's election on March 23.

Updated 59 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Tech: "Fludemic" model accurately maps COVID hotspotsVirtual doctor's visits and digital health tools take off.
  2. Politics: Schumer says Senate will stay through weekend to vote on COVID relief — Republican governor of West Virginia says there's no plan to lift mask mandate.
  3. World: Canada vaccine panel recommends 4 months between doses.
  4. Business: Firms develop new ways to inoculate the public.
  5. Local: Ultra-rich Florida community got vaccinations in January.
Dan Primack, author of Pro Rata
2 hours ago - Economy & Business

Why fears of a SPAC bubble may be overblown

Illustration: Annelise Capossela/Axios

The SPAC surge continues unabated, with 10 new ones formed since Wednesday morning. And that's OK.

Between the lines: There are growing concerns that retail investors are about to get rolled, with smart sponsors taking advantage of dumb money.