Technology News
Uber receives nearly $2 billion investment from Chinese firms
HONG KONG/BEIJING Uber Technologies Inc said on Wednesday it has received almost $2 billion in funding from Chinese investors, some as part of a recent fundraising round that valued the U.S. firm's Chinese unit at $7 billion.
Recent Technology News
Samsung Electronics to produce Qualcomm's Snapdragon 820 chips
SEOUL Tech giant Samsung Electronics Co Ltd said on Thursday it will mass produce Qualcomm Inc's new Snapdragon 820 mobile processors using its 14-nanometre chip production technology.
Cisco tries to bolster cloud credentials with new monitoring tool
SAN FRANCISCO When Cisco introduces its latest product on Wednesday, a tool for monitoring how employees use third-party software, it aims to bolster its offerings in the “cloud,” meaning Internet-delivered services. It also has information technology specialists like Robert Florescu in mind.
Bitcoin firm buys industry publication CoinDesk
NEW YORK Digital Currency Group, a holding firm focused on investing and developing businesses that deal in bitcoin and other cryptocurrencies, has acquired the industry publication CoinDesk, the company said in a statement on Wednesday.
Tech executives launch $100 million fund targeting software startups
A group of technology executives have launched a $100 million venture fund targeting a range of business software startups across North America.
The big fund manager mistake of 2015? Being de-FANGed
BOSTON Missing out on the hot technology stocks known as the "FANG" group last year came back to bite some well-known mutual funds.
- Asian shares stumble on Wall St. losses, growth worries
- U.S. says talks will continue to reach VW diesel emissions fix
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- Slowing auto market puts GM and Ford to the test
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- Brent falls to another 12-year low on oversupply gloom
- Goldman Sachs to shed up to 10 percent of its sales, fixed income team: WSJ
- Chipotle 'confident' it can stop outbreaks, shares rise
- Exclusive: Some Ambac shareholders call on CEO to quit, cite delays in paying claims - sources
- U.S. economic growth hampered by dollar, energy prices: Fed
- Wall St. resumes selloff; S&P 500 lowest since September
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