Tech: Uber board says it approved 'equality' among shareholders and will move forward with Softbank deal

Uber's board of directors issued the following statement on Tuesday:

"Today, after welcoming its new directors Ursula Burns and John Thain, the Board voted unanimously to move forward with the proposed investment by SoftBank and with governance changes that would strengthen its independence and ensure equality among all shareholders. SoftBank's interest is an incredible vote of confidence in Uber's business and long-term potential, and we look forward to finalizing the investment in the coming weeks."

Uber's board of directors issued the following statement on Tuesday: Read Full Story