SAN FRANCISCO (Reuters) - Ride services company Lyft Inc has nearly completed a funding round of at least $500 million, valuing the company at $7.5 billion, according to a source close to the company.
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SAN FRANCISCO (Reuters) - Shares of Twitter dropped about 1 percent on Thursday after co-founder Ev Williams said he is selling a minority of his shares in the social media company, which has been losing ground to Facebook and other fast-growing rivals.
BEIJING (Reuters) - China's Ant Financial tried to soothe security concerns about its proposed $880 million takeover MoneyGram International Inc on Thursday, saying it intends to store U.S. user data locally once the deal closes.
NEW YORK (Reuters) - HSB Ventures Inc, the venture capital subsidiary of German reinsurer Munich Re, has led a $45 million investment in Trov, a U.S.-based technology startup that provides on-demand insurance.
NEW YORK (Reuters) - Comcast Corp said on Thursday it is launching a new wireless service with an unlimited data plan, making it the first major U.S. cable provider to enter into the highly competitive wireless market, as it faces pressure in its core business.
SAN FRANCISCO (Reuters) - Car parts supplier and integrator Delphi Automotive on Thursday announced investments and partnerships in three privately held companies to help carmakers profit from the increasing amount of data produced by the growing number of vehicles connected to the internet.
LONDON (Reuters) - Scientists are getting closer to building life from scratch and technology pioneers are taking notice, with record sums moving into a field that could deliver novel drugs, materials, chemicals and even perfumes.
SANTIAGO/LONDON (Reuters) - Mining companies chasing the kind of technological breakthroughs made long ago in the manufacture of cars and mobile phones have unveiled eye-catching innovations ranging from vast drills and remote-controlled trucks to second-by-second data analysis.
SAN FRANCISCO (Reuters) - Twitter Inc is launching a faster version of its mobile service on Wednesday aimed at people with sporadic connections or little data on their smartphone plans, hoping to pick up users in harder-to-reach emerging markets.
HONG KONG (Reuters) - A Chinese court has ordered Samsung Electronics's Chinese subsidiaries to pay 80 million yuan ($11.60 million) to Huawei Technologies [HWT.UL] over patent infringement, said a local government-run media outlet.
SYDNEY (Reuters) - Australia's consumer watchdog has sued Apple Inc alleging it used a software update to disable iPhones which had cracked screens fixed by third parties.
BRASILIA (Reuters) - Brazil's President Michel Temer would veto clauses of a bill that would force Uber Technologies Inc [UBER.UL] drivers to register with city authorities and turn the ride-hailing app into another form of conventional taxi service, a presidential aide said on Wednesday.
NEW YORK (Reuters) - Large financial institutions across the world could lose 24 percent of their revenues to financial technology companies over the next three to five years, according to a new study by PricewaterhouseCoopers.
FILE PHOTO: A man arrives at the Uber offices in Queens, New York, U.S., February 2, 2017. REUTERS/Brendan McDermid/File Photo
Boeing Co's logo is seen above the front doors of its largest jetliner factory in Everett, Washington, U.S. January 13, 2017. REUTERS/Alwyn Scott
MEXICO CITY (Reuters) - Mexican mogul Carlos Slim's fixed-line telephone firm Telmex said on Wednesday it had been fined 5.3 million pesos ($283,016) by Mexico's telecoms regulator for failing to comply with the terms of its concession relating to public TV.
SAN FRANCISCO (Reuters) - TASER International, the maker of electrical weapons for police officers, is changing its name to Axon as it pushes further into the software business.
BERLIN/PARIS (Reuters) - BlaBlaCar, whose amateur chauffeurs share costs with passengers on long-distance journeys, will offer them cheaper car leases through French bank Societe Generale in the latest threat to traditional transport models.
(Reuters) - Private equity firm GTCR LLC is in exclusive talks to acquire U.S. job-hunting website CareerBuilder LLC for more than $1 billion, according to people familiar with the matter, in what would be the latest deal in the online recruitment sector.
Signage for an AT&T store is seen in New York October 29, 2014. REUTERS/Shannon Stapleton/File Photo
A man poses with a magnifier in front of a Facebook logo on display in this illustration taken in Sarajevo, Bosnia and Herzegovina, December 16, 2015. REUTERS/Dado Ruvic/File Photo
FILE PHOTO: An Amazon.com Inc driver stands next to an Amazon delivery truck in Los Angeles, California, U.S., May 21, 2016. REUTERS/Lucy Nicholson/File Photo
SYDNEY (Reuters) - When ride-hailing company Uber started in 2014, Sydney resident Rosalina Kariotakis was among the first drivers to sign up, becoming part of the "gig economy" where freelance work is transforming the traditional job market in step with advances in technology.
WELLINGTON (Reuters) - Controversial New Zealand-based internet mogul Kim Dotcom plans to launch a Bitcoin payments system for users to sell files and video streaming as he fights extradition to the United States for criminal copyright charges.
BRASILIA (Reuters) - Brazil's lower house of Congress voted on Tuesday to give cities greater power to regulate ride-hailing app Uber and other transportation apps, paving the way for local governments to charge taxes, require insurance and pension benefits for drivers.
(Reuters) - Amazon.com Inc will stream 10 Thursday night games for the U.S. National Football League this year, a company spokeswoman said on Tuesday.
SAN FRANCISCO (Reuters) - Apple Inc's decision to stop licensing graphics chips from Imagination Technologies Group Plc is the clearest example yet of the iPhone maker's determination to take greater control of the core technologies in its products - both to guard its hefty margins and to position i...
SEOUL (Reuters) - Record earnings at Samsung Electronics Co Ltd's chip division are set to propel the tech giant's first-quarter profit to a three-and-a-half-year high, and the quarters ahead could be even better if its newest smartphone, Galaxy S8, is a success.
NEW YORK (Reuters) - New York state's highest court on Tuesday rejected Facebook Inc's challenge to 381 search warrants to uncover suspected widespread Social Security disability fraud by its customers.
SAN FRANCISCO (Reuters) - An Uber executive at the center of a high-profile legal dispute with Alphabet Inc's Waymo self-driving-car unit has "no basis to believe" any criminal investigation is underway over allegations of trade secret theft, the executive's lawyer said in a court filing.
