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June 21, 2017

Uber Founder Travis Kalanick Resigns Under Pressure from Investors
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Uber founder Travis Kalanick has resigned as CEO amid a widespread
sexual harassment scandal at the Wall Street-backed ride-hailing
company. His departure comes after a revolt by a number of investors who
demanded Kalanick's ouster. Last week, billionaire David Bonderman also
resigned from Uber's board, after making disparaging comments about
women at a board meeting intended to address sexual harassment, saying
that if there were more women on the board, "it's much more likely to be
more talking." At least 20 Uber workers have also been fired over the
reports of sexual harassment.


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