On the story about Jeff Jones, someone commented that Kalanick has a stock arrangement that gives him control of the board. Does anyone know if this is true? I can't see how they can let this hemorrhaging continue when the problem is obviously Kalanick's leadership. But it shows no signs of stopping.
The only other thing I could think of is that the board is complicit in something worse than what's been exposed, and is afraid Kalanick will blow things up if they move on him.
EDIT: BBC is now reporting that two separate internal sources at Uber say Kalanick will step down when a new COO is in place.