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Uber's Graves To Leave Operations Role Adding to Executive Shakeup
10 August 2017, 11:14 | Cameron Gross
Krales The Verge
Graves steps down from the executive team as the company is still searching for a chief executive, after former CEO Travis Kalanick stepped down. The complaint, which was filed in DE court, accuses Kalanick of "fraud, breach of contract and breach of fiduciary duty".
In a lawsuit filed in DE on Thursday, the San Francisco-based venture capital firm, which holds an Uber board seat, accused Kalanick, the company's co-founder, of engaging in a power play to get himself reinstated as CEO.
Benchmark's lawsuit exemplifies the level of chaos within Uber's ranks as the $69 billion company has continued its search for a new CEO. The firm refers to both sexual harassment at Uber and the lawsuit Uber faces over stealing self-driving technology from Google. This is a reference to the ongoing lawsuit between Uber and Alphabet, the latter accusing the former of stealing its self-driving vehicle secrets.
An Uber spokesman did not immediately respond when asked to confirm the move.
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Worldwide observers said they have not noted any signs of interference with the vote and appealed to Kenyans to be patient. In 2007, Odinga claimed that the vote had been rigged in favor of then-incumbent Mwai Kibaki, who was declared the victor.
Tokyo shares fall marginally, eyes on NKorea tensions
An index of 15 gold miners tracked by Bloomberg Intelligence climbed 1.1 per cent, led by Toronto-based Yamana Gold Inc. U.S. crude rose 0.69 per cent to US$49.51 per barrel and Brent was last at US$52.66, up 1 per cent on the day.