Travis Kalanick was the driving force behind Uber, taking a spur-of-moment idea and turning it into the world’s most valuable venture-funded tech startup. But Kalanick’s brash personality and freewheeling management style made him a liability as well as an asset to the global ridesharing giant, and on Wednesday he stepped down as chief executive. Kalanick, … Read more
Until today, we thought Drake’s Views was the best-selling album of 2016, but new music industry figures suggest otherwise. According to the IFPI’s annual report, both Beyonce’s Lemonade and Adele’s 25 shifted more copies worldwide. Beyonce topped the chart with 2.4 million sales, while Drake came third, having sold 2.1 million units. The figures only … Read more
He has ruffled feathers with his backing of home streaming as a model for watching features, but Steven Spielberg cheered traditionalists with a spirited defense of the movie theater. The iconic “Jaws” and “E. T.” director, who moved to Los Angeles after graduating from high school, fondly recounted his formative years in the industry as … Read more
Uber’s rise to the top of the ride-sharing industry is due in large part to its hard-charging founder and chief executive, Travis Kalanick. But while Kalanick has steered Uber to a valuation in the tens of billions of dollars with operations worldwide, he and the company have been bruised by this aggressiveness, prompting a search … Read more