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Emerging Tech

Leap Motion sold for fire-sale price of $30M to Ultrahaptics

Once-high-profile 3-D motion-control technology startup Leap Motion Inc. is no longer independently owned after being acquired in an apparent fire sale to Ultrahaptics Ltd. for $30 million. Founded in 2010, Leap Motion was a much-hyped software and hardware…

Emerging Tech

Uber reports $1B loss in its first post-IPO earnings

Updated: Uber Technologies Inc. reported a $1.034 billion loss Thursday as the company presented its first quarterly financial report following its initial public offering. In the first quarter, Uber reported revenue of $3.09 billion, up…

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