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With a lawsuit for fraud. Shares of the owner of snapchat plunged 14 after the social media firm reported more than 400m in quarterly losses and fewer than expected users. Hello and welcome to World Business report. My name is susannah streeter. In a minute well look at the very expensive business of having a baby. But first, ride sharing giant ubers horrible 2017 continues. In june its co founder, Travis Kalanick, was ousted as Chief Executive after a series of scandals hit the company. He is now being sued forfraud by one of their biggest investors. Dave lee reports in san francisco. When Travis Kalanick was forced out as Chief Executive of uber, he kept as Chief Executive of uber, he kept a seat on the companys board, and also a10 stake in the firm. But since then, it is alleged that he has been concocting a plan to get his seat back. He told allies that he was doing what stevejobs did, having left only to front and the return to apple. It is said that he fraudulently expanded the b

Northern chinaTravis kalanickSusannah streeterWorld business reportSocial mediaMy nameChief executiveRide sharing giant uberCo founderDave leeSan franciscoSeat backBenchmark capitalBbc news173 million2017 compare