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10 things in tech you need to know today

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10 things in tech you need to know today

10 things in tech you need to know today

On Tuesday, Uber priced its IPO at $45 per share.

Business Insider reports that this valuation Uber an initial market cap of $75.5 billion.

That valuation is far below the $120 billion banks reportedly sought for Uber at the start of the IPO process.

The company is expected to raise $8.1 billion in the IPO, plus $500 million in a private placement from PayPal.

Uber is expected to start trading Friday on the New York Stock Exchange under the ticker "UBER."

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10 things in tech you need to know today

A SEPT.

5, 2018, FILE PHOTO



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