Amid Protests, Uber Valuation Surges From $10 Billion To $17 Billion

Uber, the on-demand car service sweeping major cities around the globe, now looks likely be valued at $7 billion more than analysts had thought. While just days ago investors expected to see a $10 billion valuation, the figure has suddenly jumped to $17 billion, according to a Sunday report in The Wall Street Journal. This may scare off some investors, but could launch the car-sharing app into an exclusive club of the most valuable tech companies.