5.15.15 - Carl Icahn invests $100M in Lyft, raising stakes in Uber fight

"Carl Icahn is joining the parade of investors in startups, hitching a $100 million ride with on-demand ride sharing service Lyft.

Users download Lyft's app and use it to book a ride from a nearby driver, and they can also use the app to pay for their rides. The company's last round of fundraising valued it at $2.5 billion. The privately held company said Friday it brought in $150 million in the new round of fundraising."

Read the full Bloomberg story here