New funding round
Stripe, the international payment processing company, has raised $600m in funding and has a market valuation of around $95bn. higher than the valuation of Facebook or Uber on the eve of their IPOs. Stripe's millions of customers in...
Entering the market
Transport company Gett, which wants to become one of the world's leading providers of "mobility solutions", is currently exploring a merger with a company with no particular purpose other than to help other companies with an IPO ...
Companies spent money on a campaign against the Contractor Qualification Act and now want their money back
Uber, Lyft, DoorDash, Instacart and Postmates all raised prices. Also, companies need extra money to pay for the Proposition 22 measure under ...
U.S. stock indices
The US Treasury Secretary Janet Yellen, who called for additional stimulus measures, supported the shares of sectors, which are sensitive to the situation in the economy. Yellen spoke in support of the $1.9 trillion stimulus packa...
Lyft earnings and forecasts
Lyft shares rose sharply after posting better-than-expected fourth-quarter results, although the number of active users of the taxi service is still down&nb...
Profit of Japan's SoftBank Group
Japan's SoftBank Group Corp. posted net income of 1.17 trillion yen (about $11 billion) in the third fiscal quarter, thanks to investments in Vision Funds, The Wall Street Journal reported.
The company had investmen...
Deal with Drizly
Uber shares rose 7% on Tuesday on the back of the announcement of the acquisition of major alcohol delivery company Drizly for 90% of Uber's ordinary shares.
International online taxi orderin...
Self-driving drone delivery company Nuro has acquired purchased startup Ike, established by former Google employees, Uber and Apple. Ike is a startup that emerged from stealth mode in 2018 to capitalize on self-driving trucks for long-distance transp...
New York Stock Exchange
Uber shares fell 1.5 per cent in the NYSE pre-market after a taxi company said plans to sell its unmanned car manufacturing subsidiary to Aurora Technologies. It is selling a division that was once considered critical to the ...
Libra from Facebook
Libra cryptocurrency may be approved by the Swiss Financial Market Authority in January. The project of the cryptocurrency has been simplified and will consist of several "stealth coins" secured...
Applications in AppStore
Apple (NASDAQ:AAPL) on Wednesday said it will cut the fee charged to application developers for accessing the App Store by half (up to 15%) ...
Lyft's expectations by the end of 2021
Lyft (LYFT) shares, which had fallen 16.2 per cent since the beginning of the year but jumped 37.4 per cent over the last week, rose 5.8 per cent after closing trading on Tuesday amid investors' reaction to the...
Investing in autonomous driving
Investors hear the words "autonomous driving" from many well-known car manufacturers, from Tesla to BMW, but there is a big difference and millions of kilometres of real road trials.
However, companies such as: Waymo...
Q3 Uber did not meet expectations
Uber Technologies (UBER) shares, up 41% since the beginning of the year, fell by 3.5% after the close of trading on Thursday as the company's published financial report did not meet Wal...
The coronavirus pandemic has been bad news for business. But even as some technology companies have been squeezed tight, others have actually seen a boost.
Despite some major PR disasters around privacy and security issues, Zoom's stock pr...
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