Former Uber boss Travis Kalanick launches investment fund

Alphabet's self-driving car unit settled its trade secrets dispute with the ride-hailing firm, Uber. As Fred Katayama reports, Uber promised not to use Waymo's technology in its autonomous vehicles. Former Uber CEO Travis Kalanick leaves the Phillip Burton Federal Building on day three of the trial between Waymo and Uber Technologies on February 7, 2018 in San Francisco. SAN FRANCISCO -- Former Uber CEO Travis Kalanick is back in business. The ride-hailing company co-founder, who was ousted by investors last year following a series of corporate scandals, said in a tweet Wednesday that he was launching a venture fund that would invest in both the non- and for-profit sectors. "Today I'm announcing the creation of a fund called 10100 (pronounced'ten-one-hundred'), home to my passions, ideas, investments and big bets," Kalanick wrote.