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Uber Reportedly Raises New Funding Round, Now Valued At Over $50 Billion

 Uber just closed a new round of funding that will value the company at more than $50 billion, according to the Wall Street Journal. The newspaper says that Uber has raised close to $1 billion in the round, which brings total equity financing to more than $5 billion. The WSJ reported that investors in this latest round include Microsoft and Indian media company Bennett, Coleman, and Company.… Read More