TEL AVIV (Reuters) – The total value of exits for Israeli technology startups in 2019 jumped by 102% to $9.9 billion, according to a report released on Tuesday by PricewaterhouseCoopers. The exits – acquisitions and initial public offerings – do not include follow-on transactions for companies that were previously acquired or already public such as
Technology
(Reuters) – A New York state judge on Monday ruled in favor of Uber Technologies Inc (UBER.N) and Lyft Inc (LYFT.O) in a lawsuit against New York City, striking down a new rule limiting how much time drivers for ride-hailing services can spend cruising streets in busy areas of Manhattan without passengers. FILE PHOTO: Uber’s
HONG KONG (Reuters) – The logistics unit of Chinese e-commerce company JD.com Inc (JD.O) has held early discussions with banks about a potential overseas IPO that could raise $8 billion to $10 billion, two people with direct knowledge of the matter told Reuters. FILE PHOTO: Delivery workers sort parcels next to vehicles of JD Logistics,
FILE PHOTO: Huawei’s first global flagship store is pictured in Shenzhen, Guangdong province, China October 30, 2019. REUTERS/Aly Song/File Photo ROME (Reuters) – Chinese telecoms firm Huawei should be allowed a role in Italy’s future 5G network, the Italian industry minister said on Sunday after an influential parliamentary committee called on Rome to block the
FILE PHOTO: The logo of America Movill is seen on a wall at the company’s corporate offices in Mexico City, Mexico March 14, 2018. REUTERS/Carlos Jasso BOGOTA (Reuters) – Colombia has awarded bandwidth to three bidders in an auction that raised 5 trillion pesos ($1.5 billion) as part of efforts to improve mobile telephone services
MOSCOW (Reuters) – Shareholders of Yandex, Russia’s biggest technology company, approved changes to its corporate governance on Friday to allow a “golden share” to be held by a new entity, to assuage Kremlin fears about potential foreign influence. FILE PHOTO: The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow,
FILE PHOTO: The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. EUTERS/Charles Platiau/File Photo PARIS (Reuters) – France’s ‘AHTOP’ tourism association urged the French government to take action after U.S. homesharing site Airbnb won its battle to remain exempt from
FILE PHOTO: The Apple logo is shown atop an Apple store at a shopping mall in La Jolla, California, U.S., December 17, 2019, 2019. REUTERS/Mike Blake (Reuters) – Apple Inc (AAPL.O) executives met James Bond franchise-owner MGM Holdings Inc and the collegiate athletic conference Pac-12 earlier this year as part of its efforts to boost
FILE PHOTO: Facebook logos are seen on a screen in this picture illustration taken December 2, 2019. REUTERS/Johanna Geron/Illustration/File Photo LUXEMBOURG (Reuters) – Facebook’s clash with Austrian privacy activist Max Schrems reaches a critical point on Thursday when an adviser to Europe’s top court will offer his view on whether tools used by companies to
A man uses his phone next to a 5G sign in a telecom shop in Monaco, November 28, 2019. REUTERS/Eric Gaillard PRAGUE (Reuters) – The Czech Republic may postpone an auction of 5G next generation telecom network frequencies from January to mid-2020 to widen participation, its industry minister said on Tuesday. The country wants to
FILE PHOTO: The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. REUTERS/Lucy Nicholson (Reuters) – Streaming giant Netflix (NFLX.O) is accelerating its growth overseas, with its Asia-Pacific business recording the biggest membership and revenue gains among all regions over the past three years. In an 8-K filed
FILE PHOTO: The Intel logo is shown at E3, the world’s largest video game industry convention in Los Angeles, California, U.S. June 12, 2018. REUTERS/Mike Blake/FIle Photo (Reuters) – Intel Corp has acquired Israel-based artificial intelligence firm Habana Labs for about $2 billion, the chipmaker said on Monday, in a bid to strengthen its fast-growing
FILE PHOTO: A man looks at his phone as he passes by a screen advertising Walt Disney’s streaming service Disney+ in New York City, U.S., November 12, 2019. REUTERS/Brendan McDermid/File Photo PARIS (Reuters) – Walt Disney Co (DIS.N) will launch its Disney+ streaming service on Vivendi SA’s (VIV.PA) pay-TV business Canal+ platform by the end
FILE PHOTO: French President Emmanuel Macron weclomes Niger’s President Mahamadou Issoufou as he arrives for a lunch at the Elysee Palace as part of the Paris Peace Summit in Paris, France, November 12, 2019. REUTERS/Johanna Geron PARIS (Reuters) – French President Emmanuel Macron and Niger President Mahamadou Issoufou agreed on Thursday to propose a postponement
FILE PHOTO: Tik Tok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019. REUTERS/Dado Ruvic/Illustration/File Photo SHANGHAI/BEIJING (Reuters) – A unit of ByteDance, the owner of video-sharing platform TikTok, has established a joint venture with a Chinese state media group to work on software development,
TFILE PHOTO: he company logo is pictured on a Tesla Model X electric car in Berlin, Germany, November 13, 2019. REUTERS/Fabrizio Bensch WASHINGTON (Reuters) – The U.S. auto safety agency said Friday it will investigate a 12th Tesla crash that may be tied to the vehicle’s advanced Autopilot driver assistance system after a Tesla Model