Waves in Silicon Valley and investing in hubers archrival lift. The billiondollar activist investor adding 1 billion to weathers 1 million to lift things wave of funding lyfts wave of funding. How will that help them catch up to uber . Lift is only valued at a little over 2. 5 billion. Then there is the reach, uber has expanded over 250 series 250 cities worldwide lyft only operates and 65 cities. For more on what this means, i want to bring in the Bloomberg News reporter who left this story, leslie picker from new york. Erin newcomer was here from the set in san francisco. Corey, i want to start with you because this is a very different investment for carl. Why is he investing in lyft over uber . Lets think of all the reasons. He is investing in it to make money. For much of his career, he has been a moneymaker, but not a Company Builder by any stretch of the imagination. He looks at what he can make better and where he can make money. 30 years ago, he has borrowed money to become one
Ubers archrival, lyft. The billionaire investor added 100 million, and one of the investors employees will join the board. Uber is valued at 40 billion. Lyft a little over 2. 5 billion. Then there is the reach, 250 cities worldwide for uber, while lyft is just in the states. For more on what this investment means, i want to bring in leslie picker, Eric Newcomer is here, as well as our editor at large cory johnson. Cory, i want to start with you because this is a different kind of investment for carl icahn. Why is carl icahn first of all investing in a private tech company, and why lyft over her . Over uber . Cory lets think of all the reasons, one, he is wanted to make money. Carl icahn has been a moneymaker, but a Company Builder not by any stretch of the imagination. He likes to look at what he thinks can be better that he can make money. 30 years ago, 30 years ago, he had borrowed money to help Michael Milken and Drexel Burnham lambert to help one of the corporate raiders taking ove
An operations role. Pao previously testified when she learned her lover was still with his wife, she ended their involvement immediately and thats when the workplace retaliation began. Paos testimony is expected to continue tomorrow. In San Francisco Tiffany Wilson abc 7 news. Tough questions today for hillary clinton, including one about gender as she addressed her email controversy. Clinton says she used a private domain as secretary of state but admitted it would have been better to use multiple email accounts. Official emails are supposed to be archived to an official government account. Clinton maintains she has not broken any rules and has turned in 55,000 pages of emails but is refusing to turn over the private server. Today she spoke about it publicly for the first time. If you were a man today would all the fuss being made today . Ly leave that to others to be answered, but as i said, i saw it as a matter of convenience. The state Department Says clintons emails as secretary o
Corporate funding is provided by mutual of america designing customized individual and Group Retirement products. Thats why we are your retirement company. Additional support is provided by and by the corporation for public broadcasting and by contributions to your pbs station from viewers like you. Thank you. From the tisch wnet studios in Lincoln Center in new york, hari sreenivasan. This is pbs newshour weekend. Captioning sponsored by wnet sreenivasan good evening. Thanks for joining us. Officials today urged u. S. Military personnel to be vigilant and to do all they can to Keep Personal Information off this, after isis reportedly posted the names, photos and home addresses of 100 american servicemen and urged its supporters to kill them. The list reportedly includes photographs of marines, sailors and airmen, many of them pilots who have struck isis targets in iraq and syria. The list was published by Group Calling itself the Islamic State hacking division, but a pentagon official
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