Uber board approves proposed SoftBank investment

Uber’s board of directors unanimously voted today to approve a proposed investment by SoftBank. The deal isn’t finalized just yet, so it’s not clear how much money SoftBank will invest in Uber. As TechCrunch previously reported, the amount could be between $8 million and $10 million. “Today, after welcoming its new directors Ursula Burns and John Thain, the Board… Read More...