Fox-News Corp: Rupert Murdoch Acquires a Stake in Uber

Recode: Rupert Murdoch owns a minority stake in ride-hail giant Uber, according to multiple sources. The media mogul personally owns a small piece of the startup, currently valued at about $62.5 billion. While the exact size of his Uber investment is not clear, even a half-percent ownership would amount to over $300 million. Murdoch isn’t listed on the company’s cap table but owns a stake through an investment vehicle, according to sources.