The CEO selection occurred in the midst of a bombshell lawsuit between early Uber investor Benchmark and Kalanick, the brash cofounder of the company. According to Bloomberg, two people familiar with the matter have confirmed that Khosrowshahi will be taking the reins at the troubled firm, but Uber's board of directors is waiting to inform employees before making an official announcement.
Uber's search for the next CEO has finally seen a conclusion. Under Khosrowshahi's leadership, Expediamore than doubled its annual revenue since 2012 to almost $8.8 billion in 2016.
"I don't doubt his skills and his background in finance and hospitality, which is going to be very important", said Tim Bajarin, president of Silicon Valley technology analyst firm Creative Strategies.
Expedia Inc.'s stock (EXPE:OTC) was up 32 percent in the Trump bull market this year before the Uber news leaked. Uber found a new CEO, but it hasn't named a board chair.
Several observers said that Khosrowshahi, coming from a more innovative company culture, seemed a more apt choice than either Immelt, 61, or the other leading candidate, Hewlett Packard Enterprise CEOMeg Whitman, also 61.
Khosrowshahi would have to surrender most of a lucrative compensation package awarded in March 2015 when he signed a contract to remain Expedia CEO through September 2020. He has been steering the travel-bookings-based website since, taking it from a $15 billion venture to a $72 billion global brand. Investors value the company at $68 billion, according to The Wall Street Journal (http://graphics.wsj.com/billion-dollar-club/), the most valuable venture-backed private company tracked by the Journal.
"While execution under Khosrowshahi hasn't been flawless, it has been exceptionally good". That company-commissioned inquiry began after ex-Uber software engineer Susan Fowler wrote a blog post in February alleging that her former manager had propositioned her for sex and that the HR department hadn't taken action. He has also been an outspoken critic of President Donald Trump as well and has condemned his travel ban saying it "represents the worst of his proclivity toward rash action versus thoughtfulness".
In contrast, Khosrowshahi, who hails from Iran, extended his support to a lawsuit against the travel ban and stuck his neck out to call a spade, a spade.
There are two categories of plastic bags that have been banned under the Environment Manufacturers and Co-ordination Act. Those bags are coming from 30 plastic manufacturers who sell the products for a total of $406 million per year.
Daenerys was the youngest, and she was born on Dragonstone around the same time as Jon , but she's still his father's sister. Also, maybe we'll see him as a wight? But when enough people make false promises, words stop meaning anything.
On the front, there is display as well as the power button which also holds the fingerprint scanner to unlock the smartphone. Many users do not prefer to purchase a big-screen model because it is not easy to carry easily .
Lee has been accused of offering bribes of 38 million United States dollars for various departments after the death of his father. Their quote references allegations that South Korean President Parks offered "repeated and aggressive " requests from Samsung.
Meanwhile, Iraqi Foreign Minister Ibrahim al-Jaafari said the campaign against the militant group in Tal Afar would end soon. The jihadist group has lost much of the territory it controlled and thousands of its fighters have been killed.
My fans and supporters, I apologise. "I had a chance to make the weight but I knew I couldn't make it and that is that". Davis pushed away Fonseca who stayed on his knees holding his head as the referee counted him out.
Silva played a sublime return pass that carved open the home defence for Jesus to toe-poke past Asmir Begovic on 21 minutes. City had more than 70% possession in the match, and Guardiola was happy his team came away with all three points.
Danny Rose (knee) and Erik Lamela (hips) have progressed in their respective recoveries but are all still missing. Burnley forward Jonathan Walters has been ruled out after injuring his ankle against Blackburn on Wednesday.
Carnival Cruise Lines officials said their Freedom and Valor ships both were at sea a safe distance away from the storm. Katrina Arredondo was scheduled to be a passenger on the next Carnival Freedom trip.
AAP wins Bawana; CM Manohar Parrikar wins Panaji
Bawana bypoll in Delhi: Arvind Kejriwal-led AAP made a comeback in Delhi politics by scoring a massive victory in Bawana bypoll. Chief minister Parrikar was the BJP candidate in Panaji and he romped home almost 5,000 votes ahead of his nearest rival.
Ruling TDP leading in Nandyal Bypoll
The TDP's Bhuma Brahmananda Reddy defeated his nearest rival, Silpa Mohan Reddy of the YSR Congress party , by over 27,466 votes. After all the rounds of the counting process, the Nandyal Bypoll election results will be out soon.
Bayern ready to loan out star
Apart from that, Jurgen Klopp's side have also recruited Andrew Robertson from Hull City and Dominic Solanke from Chelsea . It's easy when there is no pressure playing in mid-table where you can win today, lose tomorrow.
Xiaomi Mi 5X expected to launch on September 5 in India
The invite gives little information about the phone - but it does hint at the presence of a dual-camera setup. Xiaomi Mi 5X has already been launched in China , so its specifications and features are known to the public.
Northern Illinois Red Cross ready to help hurricane victims
Continuing rains and flash floods are being dealt with. "When they need the most help and they have no idea who to reach out to". It is the most powerful storm to hit the United States in 13 years, and the worst storm to hit Texas since 1961.
Unrest, deaths, over rape conviction of Indian religious leader
The town of Sirsa, home to Singh's headquarters, is already under lockdown with school and colleges being shut, Reuters reports . As news of the conviction spread, groups of Ram Rahim's followers carried out arson attacks and attacked journalists and police.
Ex-PM of Thailand flees ahead of verdict
The trial is now due to resume September 27, and if Yingluck fails to appear, she is likely to be convicted in absentia. Former Thai Prime Minister Yingluck Shinawatra fled the country ahead of a court verdict over a rice subsidy scheme.
Facebook users across the country report outages
FACEBOOK appears to be suffering major technical problems, with users reporting being unable to post or in some cases log-in. Here is a compilation of some of the best tweets to come out of the trending #facebookdown on Twitter this morning.
Qatar Restores Iran Ties
Mediation attempts led by countries such as Kuwait and the USA have so far failed to make headway toward settling the crisis . Since the diplomatic dispute with Arab nations began in June, Iran has sent food shipments to Qatar.