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TECHNOLOGY

IBM revenue misses as server, software sales slow

IBM Corp reported a bigger-than-expected drop in revenue on Tuesday, hit by slowing software sales and wavering demand for mainframe servers, pointing to a bumpy recovery for the technology services giant that is in the midst of a turnaround.

Uber IPO proposals value company at $120 billion: WSJ

Ride-hailing company Uber Technologies Inc [UBER.UL] could be valued at $120 billion, when it finally goes public next year according to proposals made by U.S. banks bidding to run the offering, the Wall Street Journal reported on Tuesday.

Uber boosts bond offering to $2 billion: Bloomberg

Ride-hailing firm Uber Technologies Inc increased the size of its debut bond offering to $2 billion as orders for the private placement swelled, Bloomberg reported on Tuesday, citing people with knowledge of the sale.

Google to charge smartphone makers for Google Play in Europe

Alphabet Inc's Google on Tuesday revamped how it distributes its mobile apps in the European Union, introducing a licensing fee for device makers to access its app marketplace in a response to regulators' findings that it had broken antitrust law.

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