SoftBank buys Uber shares at 30pc discount as investors cash out
Dec 29, 2017, 00:37
Employees and investors allegedly tendered shares representing 20% of the company. SoftBank has access to all kinds of technology that could be relevant to Uber's self-driving auto plans via its other investments, and with its help, Uber will be better positioned to expand into Asia.
Uber said: "We look forward to working with the purchasers to close the overall transaction, which we expect to support our technology investments, fuel our growth and strengthen our corporate governance". It marks the first significant piece of business for new CEO Dara Khosrowshahi, who is now preparing the embattled ride-hailing company to go public by 2019.
Uber's board of directors, which had devolved into a power struggle between Uber's former CEO, Travis Kalanick, and its largest investor, Benchmark, will now likely be calmer. It also continues to experience steep losses.
The investor group is also buying about $1.25bn worth of new shares at a price that values the firm at nearly $70bn, a significantly higher price that is similar to what Uber shares fetched in its last fundraising round. Nothing malicious has happened partly because Uber paid the hackers $100,000 to destroy the stolen information, CBS News confirmed last month. The tender offer period concluded on Thursday. Earlier reports have indicated that Dragoneer Investment Group and existing Uber backer General Atlantic may be among the interested parties.
Although DDoS attacks are nothing new, the Mirai botnet demonstrates new levels of firepower that can cripple web services . During the DDOS attacks, Mirai flooded the internet connection of a targeted computer, thereby crippling it.
Manal's husband, Billal, said Nabi Saleh residents packed the hospital in solidarity with Mohammed's family during his surgery. Her father claims the video was filmed immediately after Israeli forces fired tear-gas canisters at their home.
In response, North Korea said it would "take revenge" on the USA for saying it is developing biological weapons . North Korea claimed it had completed its nuclear force after it fired a new Hwasong-15 ICBM in late November.
Michelle even co-hosted the opening ceremony of the Invictus Games with Prince Harry when it came to Florida a year ago . In the teaser released by the palace, Prince Harry outlines how the interview will proceed to a relaxed Mr Obama .
Whether or not OnePlus takes SensibleVision up on their offer remains to be seen as the company has yet to comment on the matter. There is also a Shot on OnePlus section, which is where you can upload your photos through.
However, Virat Kohli was not far behind and was equally complementing his bride, in a very subtle and elegant manner. The star also wore a heritage uncut diamond choker and jhumkas from the Sabyasachi Bridal Jewelry collection.
Catherine: Full Body does not have a release date yet but more will be revealed here on December 22 at 7:30 PM, Japanese time. The game managed to make its way to EVO, the world's biggest fighting game tournament, where it generated a lot of buzz.
Kane sets Premier League mark with 39 goals in calendar year
It's been nine years between [Cristiano] Ronaldo and [Lionel] Messi, and now Kane's name is there". "For me, he's world class". Scoring goals for fun. "It was hard not to think about it going into the game being level", Kane said. "I'm very proud of it.
Coinbase adds bitcoin cash, giving momentum to bitcoin rival
According to cryptocurrency tracker Coinmarketcap , at roughly 01:55 GMT, the Bitcoin price hit a record level of $3,813.70. Cryptocurrency hard fork Bitcoin Cash was created back in August as the result of a "hard fork" of Bitcoin itself.
Arctic air brings snow and Christmas weekend chill
But other models bring that cold air to the Northeast ahead of the storm, and wintry precipitation right along with it. Uncertainty is still high, so we can still easily be sitting around in short sleeves and shorts on Christmas Day.
NBC Wants to Revive The Office for 2018
There is certainly an open invitation, but we don't have anything happening right now. Will & Grace is the second-highest rated series on the network this season.
Is a Showdown Coming Between Trump and Mueller?
While there's nothing yet to indicate whether there was anything explosive in those emails, the administration is clearly spooked. The emails in question involve 13 transition officials, including four senior ones, according to the letter .
Former Miami Hurricane Devin Hester Officially Retires From NFL
Hester should be more likely to put on a gold jacket like past star returners like Sanders (Class of 2011) and Rod Woodson (2009). In a special teams meeting the night before the game, Toub, then the Bears special teams coordinator, told his players just that.