Displaying items by tag: Uber Technologies

Uber Technologies’ CEO Travis Kalanick, 40, has stepped down from his role. He will continue to serve on the board of directors.  Five of the major shareholders in the company – Benchmark Capital, Fidelity, First Round Capital, Lowercase Capital and Menlo Ventures, demanded the CEO’s resignation. 

Kalanick co-founded Uber in 2009 and led it to be the largest U.S. ride-hailing service and among the biggest globally. Prior to Uber, he co-founded Red Swoosh in 2001 that specialized in file-sharing technology and managed to sell it to Akamai Technologies for nearly $19 million in 2007. Before Red Swoosh, he co-founded Scour with his UCLA batch mates in 1998 which offered an Internet search engine and file-sharing services.

Published in Breaking News

Yahoo! CISO Alex Stamos Joins Facebook

Yahoo’s CISO Alex Stamos will join Facebook as Chief Security Officer. Stamos had joined Yahoo! a year back and led what the company refers to as its team of "Paranoids". Stamos is the former CTO of Artemis, a division of NCC Group. He is also a co-founder and partner at iSEC Partners, a strategic digital security organization. He is an experienced security engineer and a leading researcher in the field of web application and mobile security. 

Published in Breaking News