Technology News


Uber China closes $1 billion fundraising round: sources

BEIJING/SHANGHAI - Uber Technologies Inc's China arm has closed its $1 billion fundraising round early, according to two people with knowledge of the matter, with investors still hopeful for the U.S.-based ride service despite strong domestic competition.

Recent Technology News

Apple may launch new iPhones at Sept. 9 event

SAN FRANCISCO - Apple Inc on Thursday invited journalists to a Sept. 9 event, where it is expected to unveil new iPhones and potentially a new version of its Apple TV set-top box.

27 Aug 2015

GameStop says new game launches to drive strong second-half growth

- GameStop Corp said it expected robust revenue growth in the second half, helped by a strong slate of video game releases and growth in its mobile and consumer electronics businesses.

27 Aug 2015

Inmarsat says new broadband network offers bright sales prospects

WASHINGTON - Britain's Inmarsat Plc said Friday's expected launch of its third Global Xpress satellite will allow it to offer mobile broadband service to customers in the remotest regions, giving airline passengers the ability to stream movies and update social media on flights worldwide.

27 Aug 2015

UK songwriter society sues SoundCloud over copyright: FT

- Britain's largest music copyright collective PRS for Music has sued SoundCloud for copyright infringement, saying the online audio-streaming firm did not agree on a licensing deal, the Financial Times reported.

Entertainment, Music 27 Aug 2015

CAD software maker Autodesk's forecast disappoints

- Autodesk Inc, the maker of computer-aided design (CAD) software, cut its full-year profit and revenue forecast for the second time this year, sending its shares down 7 percent.

27 Aug 2015