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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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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Three-city patent court gets nod from EU leaders

(Phys.org) -- A one-stop panEuropean patent court system with functions divided among three cities is now in the wings, bringing Europe a new day for a single European patent system. After a decision left ...

Jul 03, 2012 report
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Tech summit addresses industry's lack of diversity

Civil rights leader Jesse Jackson spent most of this year pressuring the technology industry into facing up to the glaring scarcity of women, blacks and Latinos at companies renowned as great places to work.

Dec 10, 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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