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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Merger momentum to continue in 2015, EY says

A banner year for mergers and acquisitions will be followed by more deals next year as executives grow more confident in the strength of the U.S. economy, according to the consultancy firm EY.

Dec 08, 2014
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Apple trial continues, without a plaintiff for now

In an unusual legal twist, a federal judge decided Monday that a billion-dollar, class-action lawsuit over Apple's iPods should continue, even though she also disqualified the last remaining plaintiff named in a case that ...

Dec 09, 2014
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Apple and IBM to help cable guy arrive quicker

Apple and IBM, once the most unlikely of allies, on Wednesday announced the first fruits of a partnership aimed at developing new mobile software—and selling more mobile devices—to business customers.

Dec 10, 2014
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Can Amy Pascal's career survive Sony cyberattack?

Amy Pascal, one of the most powerful women in the man's world that is Hollywood and the force behind such critical and commercial hits as "The Social Network" and "American Hustle," has had better days.

Dec 12, 2014
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