Uber app
Richard Drew/AP, file
April 26, 2019 - 1:45 pm
NEW YORK (AP) — Ride-hailing giant Uber is aiming to raise $9 billion in its mammoth initial public stock offering that, while smaller than initially expected, still dwarfs most stock market debuts. The San Francisco-based company expects to be valued at $80.5 billion to $91.5 billion, falling well...
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In this Jan. 31, 2018, file photo, a Lyft driver opens the Lyft app on his phone while waiting for a fare in Pittsburgh.
Gene J. Puskar/AP Photo, File
March 29, 2019 - 3:05 am
SAN FRANCISCO (AP) — Lyft had little trouble getting investors to hop on board its increasingly popular ride-hailing service, as its initial public offering fetched a $72 per-share price that exceeded even its own expectations. The next big test comes Friday morning when the San Francisco company's...
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A Lyft driver places the Amp on his dashboard.
Kelly Sullivan/Getty Images for Lyft
March 01, 2019 - 5:57 pm
By Sara Ashley O'Brien, CNN Business (CNN) — Lyft will pay some of its drivers up to $10,000 in cash bonuses ahead of the company's forthcoming IPO — an unusual benefit for a portion of the independent contractors who are critical to the company's business model. The drivers who receive a bonus...
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FILE- In this May 11, 2017, file photo, members of a design team at Cirque du Soleil demonstrate use of Microsoft's HoloLens device in helping to virtually design a set at the Microsoft Build 2017 developers conference in Seattle.
AP Photo/Elaine Thompson, File
November 27, 2018 - 4:45 pm
(AP) — Wall Street investors are enamored with a newly emergent tech company. It has nothing to do with posting selfies or finding a soul mate. The company is instead making billions of dollars selling cloud-computing and other technical services to offices around the world. Say hello to Microsoft...
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Microsoft sign
Photo by PA Images/Sipa USA
June 04, 2018 - 10:58 am
NEW YORK (AP) — Microsoft says it's paying $7.5 billion in stock for the popular coder hangout GitHub. GitHub is a platform where software developers can go to host and review each other's code. The San Francisco startup was founded in 2008 and has grown sharply since announcing its first outside...
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Snap is taking another shot at Spectacles. The Snapchat parent company announced a new version of its video-recording sunglasses.
May 01, 2018 - 6:23 pm
By Kaya Yurieff and Seth Fiegerman (CNN Money) -- Snapchat's redesign hasn't done much to help the company. Snap, the parent company of Snapchat, said Tuesday that it added just four million users during the first three months of 2018 amid a backlash to a significant app redesign. The redesign was...
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