Uber Technologies had a painful 2017, but the business managed to grow. Adjusted net revenue last quarter increased 61% to $2.2bn from the same period in 2016. Meanwhile, the total value of fares grew to $11bn that quarter
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Apple CEO Tim Cook addressed succession at the company’s annual shareholder meeting on Tuesday, saying that eventually “passing the baton” properly is one of his most important roles. The company has a deep bench of
Electric cars, robo taxis and self-driving trucks are coming to change the society we live in – possibly sooner than you think. Limited tests of driverless cars are already happening today and they’ll be in use everywhere
What’s supposed to be the most volatile asset in the universe is proving to be a bastion of stability compared with wild swings and carnage in global equities this past week. Bitcoin clawed its way back from the four-month low
Qualcomm’s board has unanimously rejected a higher acquisition offer from Broadcom, spurning the largest technology takeover bid in history and likely leaving the future of the hostile US$121bn proposal to be decided by
Nvidia said on Thursday that demand for graphics chips from its main video gaming market, cryptocurrency miners and data centre owners propelled sales higher than projected in the current quarter. Its shares surged in
Twitter has posted a surprise gain in revenue, the first growth in four quarters, driven by improvements to its app and added video content that are persuading advertisers to boost spending on the social
“It seems surreal to me,” said Elon Musk, proprietor of SpaceX, and for once he was understating things. On Tuesday, his company blasted a 70 metre rocket into orbit, returned its two side boosters to Earth
The head of the World Bank has compared cryptocurrencies to “Ponzi schemes”, the latest financial voice to raise questions about the legitimacy of digital currencies such as bitcoin. “In terms of using bitcoin or some of the
Slow clap for Snapchat, which managed not to fall on its face during a quarterly earnings report for the first time in its history. Parent company Snap reported this week that its advertising revenue increased more than Wall Street