Technology - Business news

Underfire Uber ramps up rider safety

Uber is ramping up driver background checks and other security measures worldwide after the smartphone-focused car-sharing service was banned in New Delhi following the alleged rape of a passenger.

9 hours ago
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Philips to buy US medical imaging firm Volcano

Royal Philips NV said Wednesday it has agreed to acquire U.S. medical equipment maker Volcano Corp. for $1.2 billion (around 1 billion euros) in a deal that would beef up its presence in technology which allows doctors to ...

22 hours ago
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China's Baidu invests in controversial taxi app Uber

Chinese search engine Baidu, the country's equivalent of Google, announced Wednesday it has bought a stake in Uber for an undisclosed sum, as the controversial US web-based taxi app seeks to expand into an already crowded ...

21 hours ago
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Sprint accused of billing for unwanted services

(AP)—Federal regulators are accusing Sprint Corp. of illegally billing its wireless customers hundreds of millions of dollars in charges for text message alerts and other services that they didn't order.

13 hours ago
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