It’s not a secret that Uber has been going through some rough times recently, what with all the scandals and the ongoing Waymo lawsuit. To top it all off, the company’s CEO Travis Kalanick had to take a leave of absence due to the tragic accident involving his parents. Apparently, this was the subject of a board of directors meeting last Sunday, which puts the current Uber boss’ future in question.
The information regarding the contents of the meeting came via three anonymous sources who were familiar with the matter, The New York Times reports, who revealed quite a few interesting developments. Aside from Kalanick’s absence itself, it would seem that the meeting’s agenda also included the internal company investigation that US Attorney General Eric H. Holder Jr had recommended.
Expected to last a month, this particular investigation is meant to go deep and uncover any illicit activities within the company. Hundreds of employees are going to be interviewed and Emil Michael might be removed from the picture. Michael is a close friend and ally of Kalanick, which would make his presence during the investigation rather tricky.
In any case, if the findings of the research paint a bleak picture or even before then, Holder’s recommendation also included some proposed changes to how the company works. During the meeting, the board was supposed to take a vote regarding the actions that they were going to take with regards to the recommendation.
As for Michael himself, it would seem that he understands his precarious position within the company and is preparing to resign, The Wall Street Journal reports. This would make Kalanick’s own future in Uber less stable than when he left, particularly if his promise of becoming a better leader a few months ago to employees is proven to be nothing but hot air.


Japan’s Top Banks to Gain Access to Anthropic’s Claude Mythos AI Model
Nvidia’s China AI Chip Sales Remain Frozen Despite U.S. Approval
Alphabet Raises Record $3.6 Billion in Yen Bonds to Support AI Expansion
China vs U.S. AI Race Shifts Toward Robotics and Manufacturing Power in 2026
Samsung Shares Slide as Labor Talks Intensify Ahead of Planned Strike
SpaceX IPO Faces Backlash Over Elon Musk’s Control and Governance Structure
GOP Lawmakers Probe Sam Altman and OpenAI Ahead of Potential IPO
FTC Antitrust Probe Targets Arm Holdings Over Chip Licensing Practices
SpaceX Shareholders Approve 5-for-1 Stock Split Ahead of Potential IPO
Kuaishou Stock Jumps on Kling AI IPO Plans and $20 Billion Valuation
Alibaba Stock Surges After Strong Q4 Earnings Boosted by AI and Cloud Growth
US-China Trade Talks Sideline Chip Export Controls as Nvidia China Sales Draw Attention
Samsung Union Talks Enter Final Stage as Strike Threat Looms
SoftBank Shares Slide Despite Record Q4 Profit Fueled by OpenAI Investment 



