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It's here. The company that shook up urban transportation, soaked up billions of dollars in venture capital and racked up an obscene number of corporate scandals over the last decade will finally list on the New York Stock Exchange today. Uber priced its shares in the initial public offering at $45 apiece, near the low end of its range. Recent turbulence in the stock market and heightened U.S.-China trade tensions surely didn't help.

But there will be people celebrating—Garrett Camp, for one. The co-founder wound up with a personal stake worth $3.7 billion and holds the distinction of reaping the largest windfall for doing the least amount of work, as Eric Newcomer writes in his profile of Camp. Another victor is Bill Gurley, an early Uber investor who studied the art of the deal under investment banker Frank Quattrone and was once described by Marc Andreessen as "my Newman." Here's how the eight other largest shareholders made out in the biggest IPO in the U.S. since 2014.

Follow along with us on trading day for news coverage on Bloomberg.com and a Bloomberg TV interview with Dara Khosrowshahi, the chief executive officer.

 
And here's what you need to know in global technology news

A Facebook founder called for the breakup of Facebook. Chris Hughes, who helped Mark Zuckerberg start the website in their Harvard dorm and left the company more than a decade ago, said the social network is too powerful. Read Hughes's op-ed in the New York Times.

 

Trump is losing the fight to ban Huawei from global networks. Close allies are ignoring the U.S. president's calls to blacklist the Chinese company from their 5G plans. Not a single European nation, not even the U.K., has fallen in line.

 

Amazon's site sold dozens of children's school supplies with illegal levels of toxic metals, an investigation found. The Washington state attorney general said Amazon agreed to tighten quality control standards as a result.

 

Some tech workers who got rich off Uber and Lyft moved to low-tax states. The New York Times reports on "semiretired millennials" who left California in search of a chiller, cheaper lifestyle.

 

Join Bloomberg's flagship tech event, Sooner Than You Think 2019, on June 11 to 12 in London. Learn and be inspired by the world's most influential tech leaders. View the website here, and apply to attend.

 
 
 

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