Monday , January 22 2018

International News

Google, Tencent agree to share patents in global tech alliance

2nd lead_Tencent copy

Bloomberg Alphabet Inc.’s Google and Tencent Holdings Ltd. have agreed to share patents covering a range of products and technologies, an alliance between two of the world’s largest corporations. The cross-licensing deal comes with an understanding that the search giant and Tencent—the world’s second largest and fifth largest company, respectively—will ...

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Uber completes sales of $9.3bn in stock with SoftBank

epa06219365 An Uber app on a mobile telephone in central London, Britain, 22 September 2017. Transport for London (TFL), the governing body responsible for transport in London, announced on 22 September 2017 that they will not renew Uber's license as a private hire operator in the city. Transport for London  has informed Uber London Limited that it will not be issued with a private hire operator licence after expiry of its current licence on 30 September 2017.  EPA-EFE/WILL OLIVER

Bloomberg Uber Technologies Inc. completed its deal with SoftBank Group Corp., triggering a slate of governance reforms at the ride-hailing company. Uber shareholders sold about $8 billion at a discounted price to a group of investors led by SoftBank, making the Japanese conglomerate the largest shareholder. SoftBank also invested $1.25 ...

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Trump marks year one with federal government shutdown drama

epa06454768 US President Donald J. Trump prepares to address March for Life Participants and Pro-Life Leaders via teleconference from the Rose Garden of the White House in Washington, DC, USA 19 January 2018. The federal government is heading for a shutdown at midnight; the White House said the President will no longer leave for Florida unless Congress reaches a spending deal.  EPA-EFE/JIM LO SCALZO

Bloomberg Donald Trump woke up on the anniversary of his inauguration with the federal government shuttered, a development that seemed almost predictable after a year of tumult in Washington. “This is the One Year Anniversary of my Presidency and the Democrats wanted to give me a nice present,” the president ...

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