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the stock s a buy for a long term. and it is the single biggest threat to the global economy. cnbc contributor ron asana wrote a marv his piece about it on cnbc.com. it s something we ve not had to deal with in this country in my lifetime. he will join us to explain. first, to josh lipton out in silicon valley with breaking news. tyler? how much is uber- worth? how about $17 billion. the transportation service just out with news that it has raised 1$1.2 billion in a new funding round valuing the start-up at $1 billion. the company says the total amount raised will actually grow to 1.4 billion once it closes deals with some other investors. uber- does face some challenges, no down. raising money does not appear to be one of the them. taxi companies have complained about the encroachment of uber- in their space. travis kalanick will be joins cnbc s closing bell for an exclusive interview at 4:30 p.m. eastern. a $17 billion car service company. bertha coombs now for a
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