Today, US media reported that Uber will appoint Dara Khosrowshahi, the current CEO of online travel company Expedia, as the company's new CEO.
Earlier, two high-profile candidates, Hewlett-Packard CEO Meg Whitman and General Electric CEO Jeff Immelt, announced that they would not stand for election.
Whitman’s two rumors in July and August will not be the Uber CEO, and Immelt said on his Twitter on Sunday:
I have decided not to compete for Uber's management positions. I am very respectful to the company and its founders, Karanic and Ryan Graves (Uber's first CEO).
Since Karanick resigned in various scandals in June this year, Uber CEO has been vacant for more than two months. In the absence of a "leader", Uber can only be at the helm of a committee of 14 executives.
Uber chaosThis year, Uber has been in trouble, except for sexual harassment scandals, the departure of a large number of executives, and Google’s lawsuits... Recently, the company’s early investors, major shareholder Benchmark Capital and founder Karanic’s contradictions have become public.
Earlier this month, Benchmark Capital sued Karanic, saying it deliberately concealed key information from the board, including major issues in company management, and other misconduct, in violation of trustee obligations and contracts, requiring Karanic to leave the board and revoke Ability to fill three board seats. Benchmark also accused Karanic of trying to unite the board to return to the CEO position, after Karanic said he would be "the next Jobs."
Both Benchmark and Karanic are members of the Uber Board of Directors. Among them, Karanic owns 10% of Uber's shares and 16% of voting rights, while Benchmark has 13% of shares and 20% of voting rights.
Scandals and disputes have continued to affect Uber's valuation. Last week, at least four mutual funds cut Uber's valuation significantly, with a maximum drop of 15%. This is the first time Uber has experienced a valuation downgrade. "There is no banquet in the world." The "universe unicorn of the universe", once valued at $68 billion, is now facing a cold winter.
Uber develops automatic driving to find a way out
Driverless cars are an area where Uber has so far sought to develop its own technology, although it uses cars from automakers including Volvo and Ford, as well as sensor hardware from different component suppliers to test its sensor fusion and Autonomous software system.
So far, Uber has been developing autonomous driving technology for about two years, establishing experimental centers in several states in the United States, and has piloted autonomous driving services in Pittsburgh and San Francisco and in Tempe, Arizona.
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