SoftBank acquires 20% of Uber in investment deal

After several months of negotiations, Japanese tech firm SoftBank will be acquiring a 20% stake in Uber as part of an investment deal with the troubled ride hailing company. Uber’s many problems — which have been seen throughout 2017, including numerous reports of sexism, illegal business tactics, and questionable software — are also reflected in the company’s updated valuation, which … Continue reading

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