After weeks of back-and-forth dealmaking, Uber Technologies Inc. and SoftBank Group Corp. have come to an agreement that will see the Japanese telecommunications giant invest $10 billion in the embattled ride-hailing company. The investment will include $1 billion in new shares and $9 billion from acquiring equity from existing shareholders. Employees will be able to ...

Chinese search giant Baidu Inc. today officially launched a new operating system dedicated to advancing conversational artificial intelligence capabilities, as the company aims to take on similar efforts from competitors such as Google LLC. Called the “Duer OS Prometheus Project,” the operating system is a conversation-based AI platform that is already providing conversational support to 10 major domains and ...

The Central Intelligence Agency created and used code that pretended to be from Kaspersky Lab while hacking people, a big twist on what has been an ongoing saga of allegations of Kaspersky colluding with the Russian government, according to the latest release by Wikileaks of leaked top secret U.S. government files. The Vault 8 release, issued ...

Apple Inc. is promising to fix a problem with its recently released iPhone X after reports emerged that that phone doesn’t work in cold temperatures. Dubbed “Coldgate” by Apple fanboy sites, the problem was first reported on Reddit by a user who said that he had noticed that his iPhone X screen became unresponsive when ...

Shares in Chinese search engine provider Sogou Inc. didn’t pop on their debut on the New York Stock Exchange Thursday after the company managed to raise $540 million in its initial public offering. Sogou is a spinoff from Sohu.com Inc., the Chinese internet portal that itself floated on the Nasdaq exchange back in 2000. Sogou offers a variety ...

In a surprising move, users across multiple platforms will soon have access to the Windows Defender Advanced Threat Protection service after Microsoft Corp. announced new partnerships to deliver the service to other operating systems. Microsoft is teaming up with Bitdefender s.r.o, Lookout Inc. and Ziften Technologies Inc. to enable Windows Defender ATP to detect, protect and respond to ...

The price of bitcoin dropped in trading Wednesday after a plan for a proposed fork in the cryptocurrency that would have seen investors credited with an additional bitcoin-related cyptocurrency were dropped thanks to a lack of support. Called SegWit2x, the proposed fork would have increased the blocksize of bitcoin to allow quicker and less costly transaction ...

Shares in Snap Inc. bounced somewhat in trading Wednesday after a quarterly Securities and Exchange Commission filing disclosed that Chinese investment giant Tencent Holdings Ltd. had acquired a 12 percent stake in the company. Tencent, which is best known as the owner of Chinese messaging service WeChat, acquired 145,778,246 shares of Snap Class A common stock but was ...

Apple Inc.’s long-rumored desire to bring an augmented reality headset to market seems to be progressing, as a new report said today that the headset now has a name, an operating system and a planned release date. Bloomberg claimed that the Apple augmented reality headset is being internally referred to by the code-name “T288” and that ...

Cybersecurity firm Proofpoint Inc. today announced a $110 million all-cash deal to acquire Cloudmark Inc., a San Francisco-based messaging security and threat intelligence software provider for internet service providers and mobile carriers. Founded in 2001, Cloudmark builds messaging security software designed to protect communications service provider networks and their subscribers against a wide range of messaging threats. ...