India’s Reliance strikes third unit stake deal, raising $8 billion in two weeks
India’s Reliance Industries Ltd on Friday announced a $1.5 billion stake sale in its digital unit Jio Platforms, a third deal in little over two...
India’s Reliance says Vista Equity to invest $1.5 billion in digital arm
India’s Reliance Industries Ltd said on Friday private equity firm Vista Equity Partners would invest 113.67 billion rupees ($1.5 billion) in its digital business unit...
India’s Reliance says Vista Equity to invest $1.50 billion in digital arm
India’s Reliance Industries Ltd said on Friday private equity firm Vista Equity Partners would invest 113.67 billion rupees ($1.50 billion) in its Jio platforms for...
Zoom pushes ahead on security, buying Keybase and reaching pact with New York
Zoom Video Communications Inc pushed forward on Thursday in its effort to revamp its security, striking a deal with the New York attorney general’s office...
Uber sees rides recovering from coronavirus lows, banks on food-delivery momentum
Uber Technologies Inc’s ride service bookings slowly recovered in recent weeks as the company expects a coronavirus-related slowdown will delay the goal of becoming profitable...
Roku sees ad sales growth slowing as businesses conserve cash
Roku Inc said it expects 2020 ad sales to grow at a slower pace and recorded higher cancellations in the first quarter as advertisers save...
California sets rules to reopen manufacturing; Tesla’s Musk cheers
California has set rules to allow state manufacturers to begin reopening on Friday from a coronavirus lockdown, Governor Gavin Newsom said, drawing an enthusiastic “Yeah!!”...
Uber sees ride business up from coronavirus lows in some U.S. markets
Uber Technologies Inc ride service bookings rose last week and the company expects a coronavirus-related slowdown will delay the goal of becoming profitable by a...
Roku posts bigger loss due to higher spending; shares fall 7%
Roku Inc posted a bigger net loss in the first quarter on Thursday, as the video streaming device maker spent more to attract subscribers to...
Uber sees encouraging signs in reopening markets, posts $2.9 billion loss
Uber Technologies Inc said on Thursday it saw encouraging signs in markets hit by the coronavirus epidemic as it posted a 14% rise in revenue...
