Results 31 - 40 of about 4267:

Eric Newcomer / Bloomberg:
Sources: Uber-SoftBank deal to see investors buying $1B of Uber shares at current valuation, proceed with $9B tender offer for secondary shares in coming weeks   —  Uber moves closer to selling up to $10 billion in shares  —  Benchmark agrees to put suit against Uber co-founder on hold
Nov 12, 2017, 3:29 PMIn context
Leaked Lyft investor document projects the service will command about a third of US ride hailing market by the end of the year, see losses of about $600M   —  Projections see Lyft sales rise, losses of $600 million  —  Fidelity, another Uber backer, may join Alphabet in new round
Nov 10, 2017, 8:45 PMIn context
Social Finance CEO letter says company made $56.1M profit on $145.3M revenue in Q3, will sell hedge fund founded by former CEO Mike Cagney   —  Startup's revenue rises but profit falls from previous quarter  —  Firm will pull back from some of its expansion plans
Nov 9, 2017, 8:50 PMIn context
Sources: Apple is working on a redesigned high-end iPad with Face ID, slimmer bezels, no home button, coming as early as 2018; source says new Pencil coming too   —  New model will eliminate home button, OLED display unlikely  —  Latest iPad Pro models have helped revive tablet sales growth
Nov 8, 2017, 1:29 PMIn context
Olivia Zaleski / Bloomberg:
Postmates launches on-demand grocery delivery service Postmates Fresh for $3.99 per order or $9.99 a month, undercutting fees charged by Amazon and Instacart   —  Meal-delivery startup will deliver fresh produce for $4, a significant discount to Amazon and Instacart.
Nov 8, 2017, 8:50 AMIn context
Mark Gurman / Bloomberg:
Sources: Apple ramps up work on AR headset, which has its own display and runs on a new chip and OS, aims to have tech ready by 2019 and ship as early as 2020   —  Company hopes to have technology ready for 2019; ship later  —  Breakthrough device will have new chip and operating system
Nov 8, 2017, 7:30 AMIn context
China revises law to penalize online retailers that use bots to inflate sales and create positive reviews   —  Changes threaten hefty fines for fake reviews or sales  —  Original law enacted before Alibaba, Tencent, JD existed  —  China enacted sweeping changes to a business competition law …
Nov 7, 2017, 3:20 PMIn context
Yoolim Lee / Bloomberg:
Smartkarma, a marketplace for investment research focused on Asian firms, raises $13.5M Series B led by Sequoia India, ahead of European Union's new MiFID rules   —  Round led by Sequoia India and includes Jungle Ventures  —  Singapore-based startup aims to capitalize on MiFID II rules
Nov 7, 2017, 2:25 AMIn context
Lulu Yilun Chen / Bloomberg:
Sources: Chinese internet company Tencent is developing its own autonomous driving technology, including creating and testing a prototype internally   —  Tencent is said to have created an autonomous driving system  —  Tencent is competing with Google, Baidu, Tesla in the space
Nov 6, 2017, 10:50 PMIn context
Broadcom offers $105B in cash and stock to buy Qualcomm for $70/share, a 28% premium to Qualcomm's closing price on Thursday   —  Broadcom is proposing to buy Qualcomm for $70 per share in a cash and stock deal valued at $130 billion, Bloomberg News reports.
Nov 6, 2017, 7:12 AMIn context

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