The Presidential Daily Brief


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    New Uber CEO Says Expect IPO in 18-36 Months

    It’s coming. Newly installed Uber CEO Dara Khosrowshahi has laid out a road map for the company’s initial public offering, which he says is 18 to 36 months away. The former Expedia chief seems eager to shake things up at the privately held ride sharing service: Hired just two days ago, Khosrowshahi has also pledged to fix up Uber’s notorious work culture, which saw previous head Travis Kalanick bow out in June amid multiple scandals. Khosrowshahi didn’t address what, if any, role Kalanick may play in Uber’s future.


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