Hate him, love him, but booted CEO Travis Kalanick soon to be an Uber billionaire

USATODAY - Tech Top Stories 

Uber allegedly hacked into competitors computer systems and engaged in undercover surveillance. Travis Kalanick, onetime CEO of Uber, is poised to sell a big chuck of his stock in the ride hailing company. SAN FRANCISCO -- Ousted Uber CEO and cofounder Travis Kalanick was always filthy rich on paper. Now he'll soon be swimming in greenbacks in reality. Kalanick plans to sell 29% of his Uber stock -- after long boasting that he had never relinquished one share of the ride-hailing company he helped start in 2009 -- to the cha-ching tune of $1.4 billion, according to a Bloomberg report Thursday citing persons familiar with the matter.

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