With all the turmoil inside Uber, it’s unlikely that miffed shareholders will get an offer that’s close to Uber’s current valuation, one technology investor said.
Uber’s not worth the nearly $70 billion it’s valued at now, and could be worth tens of billions of dollars less, technology investor Roger McNamee told CNBC’s “Squawk Alley” on Tuesday.
Uber Submits To 20 Years Of Privacy Audits: The U.S. government on Tuesday issued sweeping new penalties against Uber for its privacy and security practices, alleging the company “deceived consumers” by allowing its employees to access riders’ most personal information, including the details of their trips.
Related article: As Uber Stumbles, Foreign Rivals Gather Strength
Keywords
customer service data security federal regulations passenger safety regulatory enforcement TNCs Uber
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