UBER, BESET BY SCANDAL, FACES BATTLE OVER 'DESTRUCTIVE' LAWSUIT

Ride-services company Uber is facing a divided board of directors and angry shareholders after investor Benchmark Capital filed a lawsuit against the company's ousted chief executive, Travis Kalanick, dealing another blow to the firm as it struggles to recover from a series of scandals and hire a new leader.

bdnews24.com (Date:08/13/2017 18:58) Read full article >>

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Benchmark Capital PhotoBenchmark Capital: Benchmark is an American venture capital firm responsible for the early stage funding of several successful startups. In 1997, the firm invested 6.7 million in eBay, which made it worth more than 5 billion by the spring of 1999. Other high-profile investments have included or currently include Insta