Fintech start-up Stripe is in talks to raise a new funding round valuing it higher than its last private valuation of US$36-billion, according to people familiar with the matter.
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Elon Musk’s year of dizzying ascents hit a new apex Monday as the Tesla co-founder passed Bill Gates to become the world’s second richest person.
Apple’s security chief on Monday was indicted on bribery charges as prosecutors alleged he promised a donation of iPads to the sheriff’s office to secure four concealed-weapon permits for Apple employees.
Chinese handset rivals of Huawei including Xiaomi, Oppo and Vivo are making aggressive moves to seize market share from their giant rival.
Nikon plans to cut about 2 000 employees, or 10% of its total workforce, due to a slump in its core camera business, Nikkei reported.
Chinese technology giant Tencent is a lead investor in a funding round that valued the online education start-up Udemy at more than $3-billion, according to people familiar with the matter.
Apple on Wednesday said it plans to start a programme to lower its App Store commissions for software developers who make $1-million or less in proceeds each year from the store.
Twitter is expanding its version of Stories, a product that lets users post photos and videos that disappear after 24 hours, in an effort to encourage more sharing.
Huawei Technologies is selling its budget brand smartphone unit Honor to a consortium of over 30 agents and dealers in a bid to keep it alive, the company and the consortium said on Tuesday.
Barely a month after the European Central Bank issued a major report on the topic, its president, Christine Lagarde, has said “her hunch” is that the euro zone could have its own electronic currency within two to four years.