Uber

SoftBank-Uber Deal Looks Likely for Next Week

Uber’s board voted earlier in October to approve the Japanese tech conglomerate’s cash infusion, which would add six more board seats and annul super-voting shares held by former CEO Travis Kalanick among others.  Through its $93 billion Vision Fund, SoftBank plans to acquire between 14-20 per cent of the world’s most valuable privately-held tech startup, Recode quoted Huffington as saying at a media conference.