Tag: IPO
Uber may spin out driverless unit, go for early IPO
Uber may be considering spinning out its self-driving car unit, or seeking minority investments in the division, the Advanced Technologies Group (ATG).
After receiving expressions...
Uber closing self-driving truck division, refocusing on cars
Uber is pulling down the shutters on its self-driving trucks unit, a programme rooted in the $680 million acquisition of San Francisco-based Otto in 2016.
The company has...
Smart speaker market 2.5 times bigger than 2017, says report
Analyst firm Canalys expects the smart speaker market to approach an installed base of 100 million devices by the end of this year, making...
Uber’s Grab merger may be undone, threatening new Middle East deal
Chris Middleton reports on how a ruling in Southeast Asia today could damage Uber's prospects of a new Middle East deal.
Uber may have grabbed...
Waymo, Uber could be about to link up, says Uber CEO
Frictionless on-demand transport provider Uber is in talks with Waymo, Alphabet’s autonomous driving unit, to make the latter's technology available via its ride-share app,...
Uber on track for IPO in 2019, says CEO
Uber is “on track” to go public in the second half of 2019, according to CEO Dara Khosrowshahi. Speaking to CNBC, he shared his belief...
Australian start-up Freestyle to deploy smart water meters in South Korea
Australian IoT start-up, Freestyle Technology, has signed a deal to provide smart water meters to a county in South Korea.
According to the Australian Financial...
Cisco swoops to purchase AppDynamics for $3.7 billion days before IPO
Technology giant Cisco has succeeded in a last-minute bid to purchase AppDynamics, agreeing a deal hours before the latter was expected to launch an...
Sigfox pushes back IPO target to 2018, seeks further funding
French Internet of Things (IoT) developer Sigfox has bold ambitions and the support of some huge names, but profitability is still a target in...