Wake Up Wall Street: Travis Kalanick Driven Out Of Uber

This is what you need to know before the bell:

1. Travis Kalanick steps down as CEO of ride-sharing company Uber

Kalanick helped found the company in 2009

2. Republican Karen Handel wins the most expensive House election in history

Handel managed to see off a challenge from Democrat Jon Ossoff

3. SoftBank invests $100m into cybersecurity firm Cybereason

The Boston-based cybersecurity firm has raised $189m in funding

4. Toshiba picks a Bain Capital-led consortium as the preferred bidder for its memory chip business

The consortium includes INCJ, Bain Capital & the Development Bank of Japan

5. Saudi Arabia removes Muhmmad Bin Nayef from his position as Crown Prince

Defense Minister & former Deputy Crown Prince Mohammad Bin Salman has replaced him

This article was written by a staff member of TheStreet.