It's been seven months since Travis Kalanick gave up the helm of Uber, but what did those last days or weeks look like for the disgraced CEO? Brad Stone, Senior Executive Editor for Technology at Bloomberg News and Author of "The Upstarts" joins The Hive to discuss the strange world of Travis Kalanick.
Stone describes an insider's account of when Kalanick was shown the video of himself yelling at an Uber driver. The source said Kalanick rolled around on the floor muttering "This is bad." Stone also explores what took the board so long to realize that Kalanick was the company's main problem.
So is Kalanick fiercely loyal or unbelievably stubborn? Why did it take so long for him to relinquish control? Stone says what he was most surprised about was Kalanick's decision-making towards the end of his time at Uber. The first few years were filled with good decisions that forced the company to expand. However, at the end, Kalanick's decision-making took a turn and was ultimetly his demise.
Alexander Mashinsky, the former CEO of the failed cryptocurrency lending platform Celsius Network, has been arrested on federal fraud charges, including wire fraud, according to CNBC.
Threads could bring in $8 billion in annual revenue, according to analysis, after it reached about 100 million users days after its launch. Cheddar News explains.
Celebrities, lawmakers, brands and everyday social media users are flocking to Meta's freshly minted app Threads to connect with their followers, including many Twitter refugees tired of the drama surrounding Elon Musk’s raucous oversight of that platform.
Comedian Sarah Silverman is suing OpenAI and Meta for allegedly using her copyright-protected work to help train their artificial intelligence programs.
