Expedia CEO Dara Khosrowshahi is now the new chief executive of Uber

Driverless Uber gets driver at last, Expedia's boss Dara Khosrowshahi

Driverless Uber gets driver at last, Expedia's boss Dara Khosrowshahi

Last week, Uber said its sales reached $1.75 billion in the second quarter, up 17% from the previous quarter. The chancery court granted a request from Courtroom View Network to stream Wednesday's proceedings live online from the court's remote location in this small city in southern Delaware.

A DE judge on Wednesday stayed a lawsuit brought by Uber Technologies Inc [UBER.UL] investor Benchmark Capital against ousted Chief Executive Officer Travis Kalanick, handing the embattled executive a victory.

On Tuesday, Uber said it was cooperating with a preliminary investigation led by the U.S. Department of Justice into possible violations of bribery laws.

Travel-booking company Expedia chief executive Dara Khosrowshahi is set to become Uber's new chief executive, sources have told Reuters.

Although Khosrowshahi, 48, called his new job "the opportunity of a lifetime" in an interview with Bloomberg, he's facing a long list of challenges. Uber is also the subject of a USA probe into its use of software to deceive law enforcement officials, a program known as Greyball. "What got us here is not what's going to get us to the next level".

Khosrowshahi inherits a dysfunctional board that has been divided by a lawsuit filed by investor Benchmark Capital against Kalanick. "Casting a vote for the next chief executive of Uber was a big moment for me and I couldn't be happier to pass the torch to such an inspiring leader", he said in a statement.

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"I have decided not to pursue a leadership position at Uber". At least three issues are before the judge, whether to fast-track the case, as Benchmark want, or throw it out or send it to arbitration, as Kalanick wants.

DE judge Sam Glasscock on Wednesday brought that dispute closer to a resolution when he stayed the lawsuit and moved it to arbitration, which moves the legal fight out of the public eye.

Khosrowshahi on Tuesday called the job "an opportunity of a lifetime" and signaled that he meant to become Uber's next CEO.

Uber will likely see the appointment as a significant step towards cleaning up the company's image, which has been tarred over the past year by allegations of systemic sexism and anti-competitive practices.

Kalanick frequently recounts how the idea behind Uber was born, when he and a colleague were attending a technology conference in Paris in 2008 and failed to find a taxi on a cold night. However, Expedia board chairman Barry Diller appeared to confirm the choice in a filing with the Securities and Exchange Commission.

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