(Reuters) - Ride-hailing service Uber Technologies Inc would merge its China business with rival Didi Chuxing, valuing the combined company at $35 billion, Bloomberg reported, citing people familiar with the matter.
from Reuters: Technology News http://ift.tt/2aVhrwA
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Sunday, July 31, 2016
Uber to invest $500 million in global mapping project: FT
NEW YORK (Reuters) - Ride-hailing service Uber [UBER.UL] has decided to invest $500 million into an ambitious global mapping project to wean itself off dependence on Google Maps and pave the way for driverless cars, the Financial Times reported on Sunday.
from Reuters: Technology News http://ift.tt/2amSpot
from Reuters: Technology News http://ift.tt/2amSpot
Friday, July 29, 2016
U.S. Judge denies Uber motion to compel arbitration in surge-pricing lawsuit
SAN FRANCISCO (Reuters) - A federal judge on Friday denied a motion by Uber Technologies Inc [UBER.UL] to compel arbitration in a passenger lawsuit over so-called surge pricing brought against the ride-hailing company's chief executive.
from Reuters: Technology News http://ift.tt/2axpRLE
from Reuters: Technology News http://ift.tt/2axpRLE
Exclusive: Clinton campaign also hacked in attacks on Democrats - sources
WASHINGTON/SAN FRANCISCO (Reuters) - The computer network used by Democratic presidential candidate Hillary Clinton’s campaign was hacked as part of a broad cyber attack on Democratic political organizations, people familiar with the matter told Reuters.
from Reuters: Technology News http://ift.tt/2afZRUb
from Reuters: Technology News http://ift.tt/2afZRUb
Russia has motive, capability and form for U.S. email hack
MOSCOW (Reuters) - The Kremlin says it had zero involvement in the hacking of Democratic Party emails while U.S. officials say the hack originated in Russia. We may never know who is right, but one thing is for sure - Russia had motive, capability and form.
from Reuters: Technology News http://ift.tt/2aavxc7
from Reuters: Technology News http://ift.tt/2aavxc7
Private equity firms focused on Hewlett Packard asset sales: sources
(Reuters) - Buyout firms are focused on acquiring some software assets that Hewlett Packard Enterprise Co (HPE) has been considering divesting, worth between $6 billion and $8 billion, rather than the entire company, people familiar with the matter said on Friday.
from Reuters: Technology News http://ift.tt/2akfA5Q
from Reuters: Technology News http://ift.tt/2akfA5Q
Tesla mulling two theories to explain 'Autopilot' crash: source
(Reuters) - Tesla Motors Inc told U.S. Senate Commerce Committee staff it is considering two theories that may explain what led to the May 7 fatal crash that killed a Florida man who was using car's "Autopilot" system, a person familiar with the meeting told Reuters on Friday.
from Reuters: Technology News http://ift.tt/2ai24h4
from Reuters: Technology News http://ift.tt/2ai24h4
Tesla crash does little to sway public opinion on self-driving cars
DETROIT (Reuters) - Consumers are more aware of self-driving cars, but slightly less interested in riding in them, according to two surveys conducted after a fatal crash of a Tesla equipped with self-driving technology.
from Reuters: Technology News http://ift.tt/2ajTkJB
from Reuters: Technology News http://ift.tt/2ajTkJB
Apple says Supreme Court should rule against Samsung over patents
SAN FRANCISCO (Reuters) - Apple Inc on Friday asked the U.S. Supreme Court to rule against Samsung Electronics Co Ltd over the damages Apple should receive in a case about smartphone design patents.
from Reuters: Technology News http://ift.tt/2aiUGAQ
from Reuters: Technology News http://ift.tt/2aiUGAQ
Investments in online lenders fall 44 percent as investors shy from risks
SAN FRANCISCO (Reuters) - Investments into online lending platforms have fallen sharply this year, according to a new report, largely a reaction to the woes at Lending Club and increased regulatory scrutiny that have made investors shy away from the risks.
from Reuters: Technology News http://ift.tt/2ajPaRG
from Reuters: Technology News http://ift.tt/2ajPaRG
Mediaset says Vivendi aware of pay-TV unit data before signing deal
MILAN (Reuters) - Vivendi already had access to a business plan for Mediaset's pay-TV unit before agreeing to buy it, the Italian broadcaster said on Friday as the two companies kept trading punches over a u-turn by the French media firm on the deal.
from Reuters: Technology News http://ift.tt/2a9RY10
from Reuters: Technology News http://ift.tt/2a9RY10
Consumer goods firms plot new paths amid e-commerce boom
LONDON (Reuters) - Consumer goods maker Reckitt Benckiser has ramped up its efforts to sell items such as condoms and vitamins online, aiming to capture new revenue streams as traditional markets get more competitive.
from Reuters: Technology News http://ift.tt/2amifwm
from Reuters: Technology News http://ift.tt/2amifwm
Big data firm Talend soars 54 percent in debut
(Reuters) - Shares of Talend SA, whose software helps businesses crunch large amounts of data, jumped 54 percent in their U.S. debut, valuing the company at $773.7 million.
from Reuters: Technology News http://ift.tt/2a59BDx
from Reuters: Technology News http://ift.tt/2a59BDx
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