Technology - Business news

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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US tech firm Intel plans $1.6 bn investment in China

US microprocessor maker Intel plans to invest $1.6 billion over the next 15 years to upgrade an existing facility in China's western city of Chengdu, the company said in a statement provided to AFP on Thursday.

Dec 04, 2014
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