Uber Technologies’ ousted CEO and co-founder Travis Kalanick is reportedly planning to sell $1.4 billion of stock in the company, or 29 percent of his stake, according to a report by Bloomberg.
Kalanick fires back at Benchmark Capital’s lawsuit
Former Uber CEO Travis Kalanick has fired back at the lawsuit filed against him by one of the company’s top investors, calling it “a fabrication” and accused the firm of threats and intimidation.