Uber chooses Expedia CEO Dara Khosrowshahi to be new chief

Expedia CEO Dara Khosrowshahi has been chosen to be Uber's new chief executive. That decision concluded Uber's long search to replace former CEO Travis Kalanick, who stepped down in June following a shareholder revolt.

Recode reported that Khosrowshahi, an Iranian American businessman, is considered the "truce" choice for the board, which saw ugly infighting in recent weeks between Kalanick and major investor Benchmark Capital. Earlier this month, Benchmark said it was suing Kalanick on claims of fraud, breach of fiduciary duty and breach of contract. Khosrowshahi has been at the helm of Expedia since 2005. He has been credited with expanding Expedia's global presence through several online travel booking brands, which include Expedia.com, Hotels.com and Hotwire.

Uber has also decided to remove a controversial feature that allowed the company to track the location of users even when they weren’t using the ride-hailing app. Uber Chief Security Officer Joe Sullivan confirmed the change ahead of a planned announcement on Tuesday. The update will initially roll out to iPhone users later this week and Sullivan says that the company will introduce an update for Android users, as well.