June 26, 2017

Uber CEO Travis Kalanick Resigns Under Pressure from Investors

Last Tuesday, under pressure from five of Uber’s major investors, company co-founder Travis Kalanick agreed to step down as CEO, reports The New York Times. The demand for Kalanick’s resignation was included in a letter titled “Moving Uber Forward” that was delivered to Kalanick in Chicago, said The Times. After consulting with a board member and investors, Kalanick agreed to leave his CEO position. He will, however, remain on the board of directors. Kalanick co-founded the innovative ridesharing service in 2009.

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Why a Billing Platform is Key to Subscription Success

Companies that still think of their billing and payment systems as back-office financial tools are putting themselves at a disadvantage. In reality, a subscription billing system is a strategic weapon that helps you compete effectively and win. With an agile and effective billing and payment platform, you can open up all sorts of new possibilities. You can create, package and price your services in innovative ways that your flatfooted competitors cant hope to keep up with.Businesses love it too, because it gives them recurring revenue and a predictable way forward. With a subscription model, a company can more readily calculate the lifetime value of its customers,…

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