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Uber investor departs venture firm amid harassment claims

SAN FRANCISCO Silicon Valley investor Shervin Pishevar, known for his early bet on Uber Technologies Inc [UBER.UL], said on Thursday that he would sever ties with his venture capital company, Sherpa Capital, after being accused of sexual misconduct.

Recent Technology News

Indonesia's Go-Jek acquires three companies to boost payment services

JAKARTA Indonesia's Go-Jek has acquired three financial technology businesses, as it expands from ride-hailing and other mobile on-demand offerings into payments and other services.

10:03pm EST

German court rules against foreign intelligence mass communication surveillance

BERLIN Germany's foreign intelligence agency (BND) must not store the metadata - such as phone numbers - of international phone calls for the purpose of intelligence analysis, a court rules on Thursday.

1:43pm EST

Hackers halt plant operations in watershed cyber attack

Hackers likely working for a nation-state recently invaded the safety system of a critical infrastructure facility in a watershed attack that halted plant operations, according to cyber investigators and the firm whose software was targeted.

Cybersecurity 1:15pm EST

U.S. panel urges regulators to monitor financial innovation risks

WASHINGTON A U.S. regulatory panel on Thursday called for watchdogs to closely monitor risks created by financial innovation, warning that "fintech" and virtual currencies such as bitcoin threaten to disrupt the traditional financial services industry.

5:32pm EST

Court reverses Dell buyout ruling that alarmed dealmakers

WILMINGTON, Del. Delaware's Supreme Court ruled on Thursday that a lower court erred in finding that the 2013 buyout of computer maker Dell Inc was vastly underpriced, in an opinion that will likely restrict a hedge fund strategy aimed at wringing cash from mergers.

5:46pm EST