Deals
Microsoft Said to Invest About $100 Million in Startup Uber
The Uber application runs on an Apple iPhone during an Uber ride in Washington, D.C., on April 8, 2015.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
Microsoft Corp. has agreed to invest about $100 million in Uber Technologies Inc. at a valuation of approximately $50 billion, a person with knowledge of the matter said.
The deal was finalized earlier on Friday, said the person, who asked not to be identified discussing a private deal.