Uber May Now Be Worth $40 Billion

Ridesharing giant Uber announced a $1.2 billion round of funding Thursday that it will use to chase markets in Asia, create a million jobs in 2015 and make improvements within the company. Chief Executive Travis Kalanick announced the news in a blog post, saying the current round of funding will further increase through additional ā€œstrategic investments.ā€ā€¦