Uber undercuts ex-CEO, other early investors in power play
SAN FRANCISCO (AP) " Uber is curbing the power of former CEO Travis Kalanick and taking on Japan's SoftBank Group as a major new investor as the ride-hailing service tries to recover from internal strife and a myriad of legal headaches.The changes adopted unanimously Tuesday by Uber's 11-member board strip Kalanick and other early investors of the extra voting power they were originally granted to control the privately held company's direction, according to two people briefing on the [...]
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