What was Benchmark thinking?

Yesterday, Benchmark, the powerful venture firm and a majorUbershareholder, filed a lawsuit against the companys recently ousted CEOTravis Kalanick in a remarkable move. The suit seeks to remove Kalanick from the board, while eliminating three additional board positions that it says Kalanick sought (and won) approval for last year, partly by withholding crucial information from

The Resistance Now: Season of the Bitch

An all-female politics podcast aims to give women a bigger voice in the grassroots progressive movement Wanna be startin somethin Women were at the vanguard of the grassroots progressive movement in 2016 and kicked off the resistance to Donald Trump with the womens march in January. But some feel that women arent getting the same

Uber Backer Benchmark Sues to Kick Kalanick Off Board

Ex-Uber Technologies Inc. Chief Executive Officer Travis Kalanick duped investor Benchmark into allowing him to fill three of the ride-hailing company’s board seats, according to a lawsuit filed Thursday calling for his ouster as a company director. The lawsuit is the culmination of a bitter fight between Benchmark and Kalanick. Bill Gurley, a partner at

Snap sold fewer than 42K Spectacles, down 35% in Q2

Snaps Spectacles sunglasses may prove to be more of a fad than a must-have device. Snap revealed during its call following weak Q2 earnings that it generated $5.4 million in Other revenue, which would equate to around 41,500 pairs of its Spectacles camera sunglasses at a $130 price point. Thats compared to $8.3 million in

People are starting to agree with North Korea that Trump is ‘bereft of reason’

Image: AP/REX/Shutterstock You know things are looking bad when even North Korea says you’re “bereft of reason”. A military general from North Korea issued a statement on Wednesday mocking the U.S. president, amid increasing tension between both countries. SEE ALSO: Why Trump’s fiery language about North Korea sounds eerily familiar “Sound dialogue is not possible