Technology News

Photo

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.

7:08pm EST

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.

8:04am EST

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.

Deals 2:08pm EST

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.

5:43pm EST

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.

Money, 10:44am EST