Technology - Business news

Steve Jobs' video testimony transfixes courtroom

(AP)—Three years after his death, legendary Apple Inc. CEO Steve Jobs held a federal courtroom transfixed on Friday as attorneys played a video of his testimony in a class-action lawsuit that accuses Apple of inflating ...

Dec 05, 2014
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Bebe discloses data breach

(AP)—Bebe stores Inc. said Friday that it recently detected suspicious activity on computers that run the payment processing system used for its stores, making it the latest company to disclose a data breach.

Dec 05, 2014
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Uber raises $1.2 billion, valued at $40 billion

(AP)—Uber raised $1.2 billion in its latest round of funding from venture capitalists, a sign investors were little fazed by the ride-hailing app's recent spate of bad publicity over privacy violations ...

Dec 05, 2014
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Huawei Technologies has big plans, faces big questions

Many Americans may not be familiar with Huawei Technologies, but the Shenzhen, China-based company has become one of the largest telecommunications and networking suppliers in the world, competing against the likes of Cisco ...

Dec 04, 2014
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Uber now valued at $40 bn

Popular but controversial US ride-sharing startup Uber is now valued at $40 billion, it said Thursday, twice what it was worth six months ago, after raising a fresh $1.2 billion in funding.

Dec 04, 2014
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