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    Business Uber In More Trouble, Banned From Israel, Devalued By Softbank By 30%

    SoftBank Group Corp. and a group of investors will value Uber at $48 billion, roughly 30% lower than the $69 billion that investors valued the company at during previous fundraising rounds. The deal would allow Softbank to purchase up to $9 billion of Uber stock from existing shareholders in a...
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