Good wednesday morning im Carl Quintanilla what a morning markets are not moving much. Travis kalanick is stepping down as ceo from the company he founded back in 2009 in a statement he said, this is a Bold Decision and a sign of his devotion and love for Uber Kalanick will remain on the board. Joining me is executive editor kara swisher who famously profiled travis in vanity fair. Not long ago, well walk through what our discussion entailed. He was the ceo of a mess they are cleaning up now. Thats pretty basic. They are resistant to remove a ceo in the founder of technology, but a number of things have been going wrong from the Sexual Harassment allegations, the retaliatory behavior, to the gray balling, it just adds up to a really situation there where they understripped some of the responsibilities from him. And they decided to act because they were worried about their investment interest, i think. Kara, from a fundraiser standpoint can we be that specific yet . From the ipo standpo
Good morning. Joining us kara swisher, executive editor at recode. Before we get to kara on the top tech business, lets get a check of the markets the dow is as just hit another record high. Its just backing off of that point. But if the dow manages to close higher, that would be the ninth record close in a row. And the tenth straight day of gains for the dow. Certainly the Big Multinational Companies have outperformed. Take a look at the nasdaq. It is doing better at. 25 coming off a week of losses. Well see if tech can continue this rebound it is sort of a mixture, a mishmash, mike, of companies that are leading right now you have Goldman Sachs and apple leading the dow. As far as the s p 500, tech is strong, Consumer Staples off that tyson report. We have a lot more earnings to come this week, disney, cvs, time warner and retail later in the week nasdaq is up 60 of the volume in advancing stocks the bread sj good and the nasdaq nod as g the market just holds steady the s p 500 is ha
Were getting a new look at what happened just shortly an unarmed black man was shot and killed by a Police Officer in South Carolina just last weekend. Now that officer has since been arrested and charged with murder but today it was confirm confirmed that he has been accused of using Excessive Force in the past. Just released dashcam video from the patrol car. What does it show us . We see in this video you see walter scott. You see him pull slowly in the parking lot in this this mercedes. Then you can hear that he says youve been pulled over because he has a broken taillight and then he asks for license and registration. And then a couple of minutes after that thats when walter scott opens his car door, and he runs. You can see some of the audio and you hear commotion. You hear running. But at that appointment the open encounter stops and you dont see anything more. There does appear to be a second person in the vehicle with wall walter scott. We havent identified yet the second pers
Officer charged with murder. Michael slager joined the force six years ago. Personnel records show a complaint against him two years ago for improper use of force with a taser. Slager was exonerated but the man who filed the complaint and his attorney spoke today about what they call a systematic problem within the police department. We believe that as the citizens start listening were going to uncover other instances of where there have been aggressive behavior. Reporter investigators and the public continue to scrutinize cell phone video of the shooting. One big question why does slager appear to retrieve an object from the ground near where the shots were fired and drop it by scotts body . The scott family attorney believes that object was the taser slager initially used to try to subdue scott. He then took that back to where mr. Scotts body was and essentially planted the taser directly beside mr. Scotts body. Reporter another troubling question why are no officers seen on video pe
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