Source: Bloomberg

205 Stories

Uber has raised an additional $1.6 billion in funding

As if $3 billion wasn't enough, Uber has announced that it has raised an additional $1.6 billion in funding to help fund its rapid expansion across the globe. The California-based...

Bloomberg

China is cracking down on ride-sharing apps like Uber

Just like many countries, China doesn't seem to like ride-sharing apps like Uber, which is why the country has decided to tighten regulations on these apps by preventing them from...

Bloomberg

HTC has seen its first sales growth in three years

The last few years haven't exactly been easy for HTC, but the Taiwanese smartphone maker might finally be experiencing a turnaround. The company's sales reach $1.5 billion in the fourth quarter...

Bloomberg

US banks may have conducted "revenge hacks" against Iran

Many of us were taught that revenge is never the solution, but apparently nobody told US banks that. According to sources for Bloomberg, financial institutions in the United States are...

Bloomberg

The Interview is topping the charts on Google Play and YouTube

Sony certainly made an interesting decision when it chose to release The Interview through web-based services, but then again, the situation was very unique. That decision seems to be paying...

Bloomberg

Bloomberg ranks Bitcoin as the worst currency of 2014

Late 2013 may have been a highpoint for Bitcoin, where it reached prices exceeding $1000, but 2014 was an entirely different story. The popular cryptocurrency has since been in a...

Bloomberg

Thailand's 33 million LINE users are monitored by the government

ICT Minister Pornchai Rujiprapa at a press conference yesterday said Thai authorities “can monitor all of the nearly 40 million Line messages sent by people in Thailand each day,” according...

Bloomberg

Ruble woes prompt Apple to close its online store in Russia

Online sales of Apple products were halted on Tuesday over the volatile ruble. "Due to extreme fluctuations in the value of the ruble, our online store in Russia is currently unavailable...

Bloomberg

Britain's BT is looking to acquire EE for a whopping $19.6 billion

BT, the company once known as British Telecom, said on Monday that it is now exclusively negotiating a possible £12.5 billion ($19.6 billion) takeover of the mobile carrier EE, a...

Bloomberg

Samsung asks US court to toss $930 million verdict awarded to Apple

You might recall that a while back in the Apple versus Samsung lawsuit that Apple was awarded a whopping $930 million in damages. However since then, both companies have kind...

Bloomberg