Morning Agenda: An Uber I.P.O.? It’ll Be Awhile.
Here’s how the Bain-led bid — valued at 2 trillion yen, or about $18.2 billion — breaks down:
• 1.1 trillion yen from Bain and the South Korean chip maker SK Hynix
• 400 billion yen from Apple, which wants to lessen its dependence on chips made by Samsung
He also said he would eliminate “loopholes and complexity that primarily benefit the wealthiest Americans and special interests.”
“Lower taxes on American business means higher wages for American workers,” he said.
Here’s the timeline, according to :
• Barry Lynn, a scholar at the New America Foundation, posted a statement praising
the European Union shortly after it fined Google $2.7 billion in June.
