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Uber directors could vote to cut Travis Kalanick's power

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The former CEO’s influence could be curtailed after he surprised the board by announcing two new directors on Friday.
Uber’s former CEO is in a power struggle with the company’s other directors.
Directors on Uber’s board will reportedly vote on Tuesday on reforms that would limit the power of the ride-hailing company’s former CEO Kalanick.
As well as deciding whether to reshape the Uber’s governance, the board will also vote on whether to sell $10 billion of stock to Japanese internet giant SoftBank, according to Bloomberg, which quoted two people familiar with the matter.
Kalanick is also currently facing a lawsuit from one of Uber’s early investors that alleges he misled stockholders in order to gain control of three board seats.
Uber did not immediately respond to request for comment.
London’s transport authority TfL refuses to reissue Uber’s license after September.

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