Uber's tieup with Japanese tech giant SoftBank suggests the ridesharing giant is set to come of age in the business world, but it still faces a long road ahead.
Japan-based SoftBank is sending tremors through the tech world with a massive new venture capital fund for investing in startups that's expected to dominate the industry so thoroughly it's playfully referred to as a "gorilla."
Investors including Japan's SoftBank and Google-parent Alphabet are fueling a drive to a ride-sharing future, betting on startups such as industry giants Uber and Lyft which have so far failed to deliver profits.
Finland's Rovio, creator of the popular smartphone game "Angry Birds" saw its shares take off in its stock market debut Friday, adding tens of millions of euros to its market value within minutes of trading.
Freshly hired Uber chief Dara Khosrowshahi met with employees on Wednesday, promising to fight for the company and hinting a stock market debut is in its future.
Kids don't use email any more. Facebook is for Mom and Dad. And Yik Yak is so 2015. When it comes to communication in 2017, Snapchat is where it's at.
Shares in online payments firm Square took a pounding Friday after the group led by Twitter co-founder Jack Dorsey reported earnings that fell short of investor expectations.
A US judge has cleared a class-action suit against Facebook from investors claiming the social network failed to fully disclose its risks at the time of its 2012 share offering.
Shares of Atlassian soared more than 30 percent in their U.S. stock market debut Thursday, valuing the Australian software maker at $5.8 billion.
Square bounced back in its stock market debut Thursday after the once-hot mobile payments service slashed the price of its initial public offering to get the deal done.