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.
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Cheddar looks back at the high-profile product failures of the year.
The middle-of-the-night moves on Capitol Hill blindsided the solar sector. The industry had launched an ambitious lobbying effort this summer to extend the industry's tax credit and until last night had believed that an extension would be included in the tax packages.
1-800 Contacts, the private-equity-owned online contact lens retailer, is buying 6over6 Vision, an Israeli startup that has pioneered a way for customers to bypass eye doctors and complete in-home eye tests via their smartphones.
These are the headlines you Need 2 Know for Tuesday, December 17, 2019.
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Wayv seeks to provide an Amazon-like, end-to-end service that includes financing, wholesale, and logistics for cannabis retailers, growers, manufacturers, and distributors.
