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Uber headquarters in San FranciscoUber headquarters in San Francisco (Jason Doiy)

In a highly anticipated announcement, Uber Technologies Inc. has selected Dara Khosrowshahi, CEO of Expedia Inc., as its new CEO, The New York Times reported on Sunday. The choice of Khosrowshahi to replace ousted chief executive Travis Kalanick comes at a time when life at the San Francisco-based company isn’t exactly a joyride.

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