Uber confirms SoftBank has agreed to invest billions

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 The paperwork’s done! The long-anticipated SoftBank Group investment into Uber has been agreed upon, a spokesperson confirms to TechCrunch. We’ve been provided the following statement. “We’ve entered into an agreement with a consortium led by SoftBank and Dragoneer on a potential investment. We believe this...
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Travis Kalanick resigns as CEO of Uber

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Shortly after taking a leave of absence from his role as CEO of Uber, Travis Kalanick has now resigned from the post, The New York Times reported Wednesday.  According to the report, five of Uber’s major investors demanded Kalanick’s resignation on Tuesday, including venture capital...
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