Uber selects new CEO

It’s understood that Uber has chosen Expedia boss Dara Khosrowshahi to be its chief executive.

According to the BBC, the decision was made by Uber’s board late on Sunday, although the company has made no official announcement.

Expedia’s chairman, Barry Diller, said in the memo to staff, ‘Nothing has yet been finalised, but having extensively discussed this with Dara, I believe it is his intention to accept.’

Former CEO Travis Kalanick resigned following investor pressure in June. His resignation came after months of turmoil at the firm, including a series of controversies about sexual harassment, macho culture and the departure of senior executives.