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Here’s the Uber investor letter that forced Travis Kalanick out
The document was among a series of files that were unsealed Monday as part of a lawsuit over autonomous-vehicle trade secrets brought by Alphabet Inc.’s Waymo.
Dropbox, valued privately at $10 billion, could drop by 25% in IPO
The San Francisco company said Monday that it planned to raise as much as $648 million in its initial public offering, pricing its shares between $16 and $18 each.
Uber’s losses widen as SoftBank launches bid to buy shares
The San Francisco-based company reported financials to shareholders as part of a formal bid Tuesday night from a SoftBank Group Corp.-led consortium looking to buy a large block of stock.
10 things that PM Narendra Modi should do to kickstart startup raj in India
PM Modi is trying to get some of the smartest companies in the world, based in the Silicon Valley, interested in his pet projects - Digital India, smart cities and Make India.
Money-guzzling tech startups like Uber, Snapchat ripe for fall?
Hedge funds and mutual funds are flocking to the market's hottest corner, paying 15 to 18 times projected sales in private-funding rounds, fuelling talks of dot-com like crash.
Silicon Valley’s rising VC firm Menlo backs Unitary Helion
Menlo is known for its early bets on companies like ride-hailing giant Uber and eyewear brand Warby Parker, besides online pharmacy Pillpack.
SoftBank invests in another car-sharing startup: Getaround
The investment signals the Japanese internet giant’s growing interest in next-generation car use. SoftBank has already invested in ride-sharing companies including India’s Ola, Singapore’s Grab and China’s Didi Chuxing, as well as Uber Technologies Inc.
Azim Premji backs US-based e-commerce fraud-prevention startup Signifyd
The Indian tech titan’s personal investing vehicle Premji Invest led the deal, valuing the seven-year-old company at roughly $400 million.
AppDynamics founder to put $50 million in new startup incubator BIG Labs
Bansal is committing $50 million to his new venture and is also setting up an R&D centre for BIG Labs in Bengaluru, he told TOI in an exclusive interaction in San Francisco.
Uber founder Travis Kalanick resigns as CEO
The move caps months of questions over the leadership of Uber, which has become a prime example of Silicon Valley start-up culture gone awry.
Travis Kalanick's board appointments widen divisions in Uber
Because of the proposal to reduce voting rights, it is “essential that the full board be in place for proper deliberation to occur,” Kalanick said in a statement.
How EdCast is leveraging internet to make learning a casual habit
What if all the time we spend browsing photos, reading memes and watching viral videos could be diverted to learning something, while still on a social network?
Infosys parks $4 million in US-based Waterline Data Science
The company has stated that it will invest in companies that develop innovative technologies on automation, Internet of Things (IoT), and artificial intelligence (AI).
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service
