Search Results for:Mark Bergen

World’s most valuable startup is helmed by 35-year-old you haven’t heard of

Zhang Yiming’s Bytedance is on its way to a more than $75 billion valuation.


Uber turns to China again, and this time to make bikes, scooters

After buying Jump Bikes, a U.S. bike-rental service, Uber is set to unveil its own scooter, plunging into a chaotic new transit market.


Waymo forms subsidiary in Shanghai as its parent plans China return

Waymo, the business created from Google’s self-driving car project, set up a unit in Shanghai called Huimo Business Consulting


Google parent Alphabet’s startup investments valued at a whopping $11b

The figure includes the company’s stake in some of Silicon Valley’s private firms such as Uber, Airbnb and Stripe.


Google to acquire IoT enabler Xively to capture connected devices market

Xively sells software for managing Internet-of-Things devices such as smoke alarms and water heaters.


Google paving its path for China comeback through AI, investments

Google is promoting TensorFlow, that makes it easier to build AI systems, to forge business ties in China.


Google buys Taiwan HTC smatphone assets for $1.1b in devices push

Alphabet Inc.’s Google is taking on HTC employees including teams that’ve worked on its signature Pixel smartphone. 


Alphabet is said to consider Lyft investment of about $1b

Alphabet is also an Uber shareholder through its GV venture capital arm.


Singapore’s Temasek mulls investing in US startup Magic Leap

The new financing round of more than $500 million values Magic Leap close to $6 billion.


China’s plan for world domination in AI isn’t so crazy after all

In July, SenseTime raised $410 million, a sum it said was the largest single round for an AI company to date.