Khosrowshahi was clearly telling the people with the power to hire him that they would have to step off, Recode reports.
Uber confirmed to CNBC it is cooperating with the Justice Department on a preliminary probe.
Khosrowshahi had been expected to meet with employees this week.
Aug 29- Galvanize, a for-profit software coding school that has raised $63 million in venture funding, plans to lay off 11 percent of its workforce, the company said on Tuesday. The five-year-old startup said the downsizing will affect 37 people at the company's headquarters in Denver, effective Friday, Robin Olsen, a spokeswoman, said. The layoffs come a month...
Aug 29- Galvanize, a for-profit coding school that has raised $63 million in venture funding, plans to lay off 11 percent of its workforce, the company told Reuters on Tuesday. The five-year-old startup said the downsizing will impact 37 people at the company's headquarters in Denver. The layoffs come a month after two other coding boot camps, Dev Bootcamp in San...
Not all CEOs always had it made. Before their success came the awkward adolescent, the terrible student or the 16-year-old with three jobs
Expedia's CEO has "the network to attract the talent needed to take the business to next level," a shareholder says.
With several lawsuits playing out in courts across the country, lawyers told CNBC the company still has plenty of work ahead of it.
Expedia has a better record on gender parity than Uber.
Expedia shares were down more than 4 percent on Monday.
The prickly political situation with Uber is unlikely to get any easier.
As Uber's new leader, Khosrowshahi will walk into a situation that would test even the most seasoned CEO.
"What CEO worth their salt is going to want to come into a board like that?" asked Jeffrey Cohn of CEO Fellows.
When it comes to setting start-up valuations, "it's very hard to make that call intelligently," Reid Hoffman says.
It was "obviously a mistake," LinkedIn co-founder Reid Hoffman said.
Henry Blodget, Business Insider CEO and editor in chief, discusses investment firm Social Capital, founded by Chamath Palihapitiya, helping emerging startups go public without the help from big banks.
Uber its losses 14 percent in the second quarter from a year ago, as the ride-hailing giant grew bookings, trips and revenue.
New delivery start-ups for food and other services are creating low-wage jobs, USA Today reports.
Far-right sites like The Daily Stormer want to be real alternatives to their mainstream counterparts, The Verge reports.
Fritz Lanman, ClassPass CEO, talks about the company's subscription model and expansion plans.