Uber's biggest rival has raised new funding and doubled in valuation to $15 billion

Uber's biggest rival Lyft has announced it has received $600 million in funding, and is now worth $15.1 billion. That's double what it was worth in April last year.

Tech Select June 28, 2018   |   View Online »

Uber's biggest rival has raised new funding and doubled in valuation to $15 billion Uber's biggest rival Lyft has announced it has received $600 million in funding, and is now worth $15.1 billion. That's double what it was worth in April last year. Read More »

The BlackBerry Key2 proves the world no longer needs a physical keyboard The BlackBerry Key2 is hampered by a few design issues, but there's still plenty to love about it, like its focus on privacy and security; a solid, no-frills camera; and excellent battery life. Read More »

A founder who said he would never sell his startup reveals why he changed his mind for Canada's 'quiet, sleepy $18 billion company' BI PRIME: Serial entrepreneur Michael Perry had no intention of selling his company — until Shopify, a multibillion-dollar e-commerce giant, made an acquisition offer in 2016. Perry reveals why he decided to sell, and his reasons for doing so offer insights for founders who are considering the same. Read More »

New York City's Grand Central Station has had a stunning evolution over the last 50 years — take a look June 26 marks 40 years since the Supreme Court designated NYC's Grand Central Station a historic landmark and prohibited the construction of a 53-story office tower. Two decades later, the station was restored to its original grandeur. Read More »

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The 30-something founders of a gaming startup raised $21 million to take on 'Fortnite' Mobile games studio Oh BiBi has raised $21 million in an investment round led by Atomico, with participation from French VC fund Korelya Capital. Oh BiBi will switch focus from racing games to a new one-on-one shooter called 'FRAG.' Read More »

The company behind 'PlayerUnknown's Battlegrounds' has reportedly dropped its lawsuit against the wildly popular 'Fortnite' PUBG filed the lawsuit against Epic Games based on the same reason the two games became overnight successes: The wildly popular 'battle-royale' type gameplay. The 'Fortnite' lawsuit has now been dropped, according to Bloomberg. Read More »

It's not clear if Google's rock star chief scientist for AI, who is under fire over military contracts, will remain a full time employee Google's chief scientist for artificial intelligence was on a roll at Google until getting embroiled in the employee revolt against the company's military contracts. Read More »

Bill Gates hails 'huge milestone' for AI as bots work in a team to destroy humans at video game 'Dota 2' OpenAI, the artificial intelligence company co-founded by Elon Musk, has built a team of five neural networks capable of beating human players in the computer game 'Dota 2.' Bill Gates hailed the ability to train AIs to work in a team. Read More »

New York City subways are chronically delayed — but it's not as bad for rich people A new report from the Federal Reserve found that New Yorkers who live in high-income neighborhoods tend to experience fewer subway delays, while lower-income riders are disproportionately impacted by train delays. Read More »

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