Faced with the crucible of his mother’s accidental death and the crisis at his company, Uber CEO Travis Kalanick wisely decided to accept his investors’ advice to turn the fledgling company’s leadership over to a new CEO. Just last week Kalanick announced he was taking an indefinite leave of absence to mourn his mother’s death […]

Uber employees are circulating a petition asking the board to allow Travis Kalanick to stay at the company, according to an email Recode obtained. “Nobody is perfect, but I fundamentally believe he can evolve into the leader Uber needs today and that he’s critical to its future success,” the email reads. “I want the Board […]

Facebook CEO Mark Zuckerberg just laid out a new mission for the 13-year-old social network, which he said is close to 2 billion users, aiming to change the narrative around online behavior. With debate raging about online bullying and Facebook shouldering some of the blame for the spread of fake news, Zuckerberg has spent much […]

Travis Kalanick and his friend Garrett Camp first had the idea for what would become Uber on a cold night in Paris in late 2008. They started working on a prototype in March 2009, and Kalanick would go on to be the company’s CEO through one of the most fabled Silicon Valley start-up stories of […]

Investors should buy Cisco shares because the company will become a more stable subscription-oriented business, according to Credit Suisse, which reiterated its outperform rating on the technology firm. Cisco will hold its financial analyst conference on Jun. 28 in Las Vegas, according to its website. “We believe the focus of the event will be on […]

Ousted Uber CEO Travis Kalanick may have known a star engineer possessed trade secrets stolen from Google, according to a recent court filing. The court case centers on Waymo, the self-driving car unit of Google-parent Alphabet, and Anthony Levandowski, an engineer who left Waymo to start his own company, Otto, that was later acquired by […]

Facebook is looking to bolster ties between its Instagram unit and Hollywood celebrities as part of a broader effort to keep pace with YouTube video content and crush rival Snap with new features. Instagram is hiring a new executive in L.A. to help “outreach efforts with entertainment industry influencers,” based on a job listing for […]

Oracle shares opened at $51.62 Thursday — an all time high for the company — putting the stock on pace for it’s best day in 3 years, after better than expected fourth quarter earnings and revenue. On CNBC’s Squawk Alley, CEO Mark Hurd distinguished the company from it’s competitors. “We’re different than Amazon. Amazon offers […]

Shares of Altice USA shot up Thursday morning as the cable giant made its public trading debut. The stock started trading on the New York Stock Exchange under the symbol ATUS. The fourth-largest U.S. cable provider priced its IPO at $1.9 billion, with its 63.9 million shares selling for $30 apiece, within the expected range […]

Amazon announced Thursday that owners of the Amazon Echo Show, which begins shipping this month, will be able to use the device to tap into video cameras around the house. Echo Show owners who want to take advantage of this feature will also need a smart camera. To activate the camera, Echo Show owners only […]