Thursday, April 18, 2019

Uber nears investment deal with SoftBank & others for self-driving car unit: Report

SoftBank, Toyota Motor and Japan-based auto-parts supplier Denso are expected to invest a total of $1 billion as part of the deal http://bit.ly/2XeQ4Vk https://ift.tt/eA8V8J

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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...