updated - October 25, 2020 Sunday EDT
Uber Technologies Inc. expects worldwide bookings to balloon to $26.12 billion next year from just $2.91 billion last year despite regulatory challenges as more commuters prefer to use its ride hailing service than traditional taxis, Reuters reported.
Uber Technologies Inc. has just completed a new round of funding that values the company at close to $51 billion, Microsoft is said to be one of the investors, according to a report from The Wall Street Journal.
Several top U.S. companies have promised to support the Obama administration's latest initiative to address climate change, committing $140 billion in investments to reduce carbon emissions ahead of a United Nations summit this year.
Microsoft Corp. said on Wednesday will scale down its struggling Nokia mobile phone business, eliminating 7,800 employees in the process, and write down $7.6 billion of the value related to this unit.
The swelling ranks of the planet’s mega billionaires committing to ‘The Giving Pledge’ initiative set up by Bill Gates has a new member. Turkish-born Hamdi Ulukaya has announced that around half of his estimated $1.41 billion wealth will be earmarked for charity works.
Microsoft Corp. introduced its new All-in-One Media Keyboard on Wednesday, which comes with a multitouch trackpad. The device is a wireless keyboard that can be used from the couch and be carried around with the user.