Microsoft Invests $137 Million In Uber: Report

Microsoft has reportedly invested more than $100 million in the latest financing round for Uber, which has raised nearly $1 billion in new funding for the ride-hailing startup, now the most valuable private company in the world with a $51 billion valuation, ahead of Xiaomi and Airbnb…

The investment could also be seen as a stab at Google, which invested $250 million in Uber in 2013, but the Google and Uber have seen a growing rift as Google might be launching its own Uber competitor by purchasing an Israel-based ride-hailing startup while Uber also develops its own self-driving cars after poaching 40 researchers at the Carnegie Mellon University’s National Robotics Engineering Center.