A group of investors led by Softbank have put in a bid to buy $6B worth of Uber stock -- at a valuation of $48B, 30% lower than the company's valuation at its last finance round, which was followed by string of ghastly scandals including the removal of its founder, Travis Kalanick, from the CEO's office. The company has 20 days to respond.
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12:53 pm Tue
Nov 28, 2017
Major investors offer to buy a big stake in Uber -- at a 30% discount
Good one China's "pawn shops" have loaned $43B, mostly secured by real-estate
In reports of China's looming debt crisis, it's common to see references to the "shadow finance" or "shadow banking" system, but it's not always clear what these terms mean.
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Self-insurer Walmart flies its sick employees to out-of-state specialists to avoid local price-gougers
Walmart self-insures its workforce, rather than relying on an outside insurer like Cigna or Blue Cross; this means that it gets to make judgment calls that other firms cannot, and that has led the retail giant to a pretty weird place: for certain procedures that it believes to be overused by local hospitals, it flies […]
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There is a federal criminal investigation into Facebook's data-sharing deals
The Eastern District of New York empaneled a Grand Jury into the dirty data dealings of Facebook.
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Earn certifications in machine learning and data science
Big companies want automation on a big scale. Doing that means diving into the tricky world of machine learning and data science. And no matter what platform you’ll be implementing it on, you can learn how with the Machine Learning & Data Science Certification Training Bundle. In 48 hours and through eight courses, this bundle […]
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Get certified in Cisco network security with this course
Big systems need tight security – and the experts who can implement it. Cisco Networking Systems are the go-to providers for network infrastructure, but maintaining it takes a lot of up-to-date knowledge. If you want that knowledge right from the source, there’s an online course that can get you certified painlessly: The Foundational Cisco CCNA […]
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Improve your PC's performance with this top-rated software
Computer slowing down? There are a ton of reasons why that might be, especially if your unit has a few years on it. Junk files and programs can accumulate over time, some even left over from otherwise uninstalled software. This virtual debris can slow your PC down dramatically, but there’s a surprisingly quick fix. Lauded […]
