It is the 13th of November 2019

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Uber Admits It Hid Massive Cyberattack For Over A Year, Paid Hackers To Keep Quiet

Just when you thought Uber had hit rock-bottom and was on its way back up...

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Benchmark Sues Travis Kalanick For Fraud, Breach Of Contract And "Gross Mismanagement"

The life of embattaled Uber ex-CEO Travis Kalanick just went from bad to worse, when on Thursday afternoon venture capital firm Benchmark Capital, one of the early investors in Uber - perhaps sensing that instead of an IPO, Uber's next valuation will be a 40% down round - just sued Kalanick for fraud, breaches of fiduciary duty, and breaches of contractual obligations in Delaware Chancery Court. If the lawsuit is successful, it is likely that the now former CEO will also be kicked off the board of the company that he launched.

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Uber President Quits After Allegedly Deciding Series Of Scandals Were Just Too Much

Jeff Jones, the former Target CMO who joined Uber less than a year ago as President of Silicon Valley's priciest 'decacorn', is leaving the company, according to Recode.  Jones is reportedly exiting as the company deals with a flurry of recent controversies, including allegations of sexual harassment and an embarrassing video that surfaced last month of Uber CEO Travis Kalanick berating an Uber driver.  Kalanick also recently announced a search for a COO to help him better steer the ship, though it's unclear whether the layering of the executive management team affected Jones' decision to leave.  Per Recode:

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Uber Used "Secret" Greyball Tool To Deceive Authorities

In the latest public relations fiasco to hit Unicorn champion Uber (the company remains the most valuable private company in the world at a valuation of $68 billion), just days after it emerged that the company was allegedly engaged in sexual harassment according to a disgruntled employee, and shortly after a video leaked showing Uber CEO having a meltdown while being driven in one of his own vehicles, the NYT reports, citing current and former employees, that Uber has for years engaged in a program to deceive authorities in markets where its service was being resisted or banned by law enforcement.

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Caught On Tape: Uber CEO Argues With Driver Over Declining Fares - "Take Responsibility For Your Own Shit"

Earlier this month, on Superbowl Sunday, in fact, Uber CEO Travis Kalanick hopped into an Uber Black Car with two female companions for what he thought would be just another easy trip to the destination of his choice.  Unfortunately, this particular ride got a little more complicated than he had hoped when his driver, 37-year-old Fawzi Kamel, decided to confront him on Uber's falling fares, which he alleged had cost him a total of $97,000 and forced him into bankruptcy.  After the ride, Kamel rated Kalanick at 1-star and submitted his recorded conversation with the confrontational CEO to Bloomberg

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Uber CEO Trevor Kalanick Caves to Leftist Pressure and Quits Trump's Advisory Board

After weeks of protest over the CEO of Uber's decision to join President Trump's advisory board, and after his own CTO's flagrant missive against the President, Trevor Kalanick informed the President that he was removing himself from the economic council.

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