Uber Technologies Inc. is aiming to consolidate its international operations ahead of an initial public offering, with the ride-hailing giant said to be in talks with Middle Eastern startup Careem Networks FZ. Bloomberg reported that the companies are in preliminary talks about a deal. Options on the table include Uber merging its Middle Eastern operations with Careem ...

More than $1 billion has been lost through at least 1,000 dead coins and tokens offered through initial coin offerings in 2017, according to an analysis of two leading sites. The numbers come from Coinopsy and DeadCoins, two sites that track so-called “dead” cryptocurrency. By “dead,” the sites mean failed or failing cryptocurrency projects, the latter ...

Troubled electric car maker Tesla Inc. has lost its top engineer, but today it said it has finally hit production targets on the Model 3 assembly line. Doug Field, Tesla’s senior vice president of engineering, left the company last week after a leave of absence, according to the Wall Street Journal. A Tesla spokesperson confirmed the news, ...

Facebook Inc. is buying U.K. artificial intelligence startup Bloomsbury AI Ltd., according to multiple reports Monday, in a move that will help the social networking giant to analyze text and combat so-called “fake news.” TechCrunch broke the story, saying the acquisition would be somewhere between $23 million and $30 million, while The Telegraph quoting its ...

Ride-hailing startup Lyft Inc. is riding into the bike sharing market in a big way, agreeing to acquire the core assets of Motivate International Inc., the largest operator in North America. The price of the acquisition wasn’t disclosed, but the New York Times reported that a figure of $250 million has been previously tied to the deal. ...

Much has been written on the potential for robots to replace humans in all sort of industries in the future. Now, in a blockbuster twist, the Walt Disney Co. is currently developing robots that may eventually be able to replace stuntmen in both their movies and their theme parks. As reported by TechCrunch, one robot in development ...

Cloud survey and form building startup Typeform S.A. has been compromised as an unknown attacker stole a backup database that included data from across multiple companies that use the service. Details of the compromise are sketchy. Typeform said that on June 27, “our engineering team became aware that an unknown third party gained access to our server ...

Electric scooter startup LimeBike Inc. will count both Alphabet Inc. and the former Google Ventures unit GV among its investors upon closing its latest round, according to a report published over the weekend. The Financial Times, quoting people knowledgeable about the deal, said Alphabet’s direct investment will be “injecting a similar amount to that put ...

California Governor Jerry Brown Thursday signed off on one of the strictest privacy laws in the U.S. in what could be a sign of legislative things to come in a post-European Union General Data Protection Regulations world. The California Consumer Privacy Act of 2018, which goes into effect from 2020, mirrors many of the provisions of GDPR ...

The U.K. division of ticketing giant Ticketmaster Entertainment Inc. has been hacked and customer data stolen, but even worse is the revelation that it was warned of the security issue in April but ignored it. Ticketmaster UK first confessed to the hack on Wednesday, saying that it had identified malicious software on a customer support ...