Thursday, February 29, 2024

Filing: Uber CEO Dara Khosrowshahi receives options to buy stock worth ~$136M after hitting a performance target to reach a $120B valuation for the company (Camilla Hodgson/Financial Times)

Camilla Hodgson / Financial Times:
Filing: Uber CEO Dara Khosrowshahi receives options to buy stock worth ~$136M after hitting a performance target to reach a $120B valuation for the company  —  Dara Khosrowshahi became entitled to award after meeting targets set before ride-hailing group's IPO



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...