Stripe raises $600 million as COVID-19 gives fintech a boost
U.S. fintech startup Stripe Inc said on Thursday it raised $600 million, as companies that provide the online infrastructure for financial and payment services get...
Verizon snaps up Zoom rival BlueJeans for less than $500 million
Verizon Communications Inc on Thursday agreed to buy BlueJeans Network Inc, a rival of Zoom Video Communications Inc , for less than $500 million as...
Exclusive: Apollo readies IPO of cloud company Rackspace – sources
Private equity firm Apollo Global Management Inc has registered Rackspace Holding Inc for an initial public offering (IPO) that could value the cloud services firm...
Facebook to notify users who have engaged with harmful COVID-19 posts
Facebook Inc said on Thursday it would start notifying users who had engaged with false posts about COVID-19 which could cause physical harm, such as...
Nvidia gets China’s go-ahead for $6.9 billion Mellanox deal
U.S. chip supplier Nvidia Corp said on Thursday Chinese authorities had approved its $6.9 billion acquisition of Israeli chip designer Mellanox Technologies Ltd, overcoming the...
EU says coronavirus tracking apps should avoid storing data on servers
Mobile apps to track coronavirus cases in Europe should keep as much data as possible on the user’s device rather than in a central server...
Apple, Google weigh location tracking rules as EU seeks privacy-based virus apps
Apps to help contain the spread of the novel coronavirus should not collect user location data, the European Commission said on Thursday, as Apple Inc...
Starboard ends proxy fight at eBay, withdraws director nominations
Activist investor Starboard on Thursday ended its proxy fight at eBay by withdrawing its four director nominees four days after the ecommerce company named a...
Nvidia gets China’s approval to buy Mellanox
Chipmaker Nvidia Corp said on Thursday it has received approval from Chinese authorities for its $6.9 billion proposed acquisition of Mellanox Technologies Ltd....
FCC chairman wants to greenlight Ligado U.S.-wide network
Federal Communications Commission Chairman Ajit Pai on Thursday circulated a draft order asking the five-member panel to approve Ligado Networks’ request to deploy a low-power...