Katie Benner, Columnist

Benner on Tech: Uber's Credit and Twitter's Advertising Plans

Katie Benner's roundup of the most interesting things in tech, today.

May 22, 2015 at 2:11 PM UTC

Katie Benner is a Bloomberg View columnist who writes about technology, innovation, and the cult and culture of Silicon Valley. She lives in San Francisco. Benner previously wrote a tech and finance column for the Information. She has worked at Fortune, TheStreet.com and CNN Money, and was a freelance writer based in China covering culture, business and politics. She has a bachelor's degree in English from Bowdoin College.

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Uber is working with banks to nail down a $1 billion line of credit, the sort of financial move that companies like Facebook, Alibaba and Twitter all made not long before going public. The Wall Street Journal says six to seven banks will take part in the loan. The company is also in the midst of another equity financing round that could value the company at $50 billion.