Exclusive - Airbus to China: We support you, please buy our jets
BRUSSELS - China's decision to ease a boycott of some $11 billion in Airbus jet orders followed a high-level appeal from the planemaker urging Beijing to recognize its support over a trade row with Europe, a letter seen by Reuters shows.
Found 1 week ago on channel Reuters
Uber CEO Kalanick Denies Pitching Investors For Funding At A $1B Valuation
Uber CEO Travis Kalanick said that he hasn’t spoken to investors in a year and half about raising capital, denying reports that the company is raising funding at a $1 billion valuation. Reuters reported that story earlier today, citing one source. We had heard similar rumors over the past few weeks but they weren’t substantiated enough to report. That said, just because Kalanick isn’t speaking to investors about raising money, that doesn’t mean that VCs or private equity firms aren’t courting him to take their money. The company, which pioneered on-demand taxi and black cab rides directly from your mobile phone, has raised nearly $50 million to date. The most recent $37 million round was led by Menlo Ventures, which aggressively outbid other competitors on valuation to win the deal. Bill Gurley, a general partner at Benchmark Capital, which came in on Uber’s Series A round, said the company is growing faster than eBay. Uber now lists about 30 different geographic locations around ...
Apple Q2 '13 Intl Sales Were 56% Of Total Revenues; China Had “Best Quarter Ever” At $8.8B
Apple today posted Q2 earnings that beat estimates at $43.6 billion in sales that showed that while the Americas, led by the U.S., remains the company's single biggest market, Asia, led by sales in China, continues to show the strongest growth amidst weakened demand at home and in Europe. Overall, international revenues outside of the Americas were $24.3 billion, or 56% of the total for the quarter.
Chartboost Is Building The Next Mobile Ad Network To Watch, And They're Expanding To Europe
Five years ago from their native city of Barcelona, Maria Alegre and her husband Pepe Agell used to watch old Stanford Technology Ventures Program videos from entrepreneurs sharing their founding stories. Intrigued by what they heard, they picked up and moved to the Valley, where Alegre dug into mobile gaming at early developer Tapulous, which went on to be acquired by Disney. Fast forward to today, Alegre is running one of the fastest-growing mobile ad networks in Silicon Valley (one that we’ve heard from three separate sources grossed about $50 million last year). Her company Chartboost is quietly sucking in talent from an older generation of mobile ad networks and gaming studios like Google’s AdMob, DeNA’s Ngmoco and EA’s Popcap. They also picked up $19 million in funding led by storied VC firm Sequoia earlier this year. “It’s kind of crazy. This all happened in four years,” she said. “Anyone can do it. People running these companies are not super humans. They are just ...
Obama Accused of Nuclear U-Turn as Guided Weapons Plan Emerges
Barack Obama has been accused of reneging on his disarmament pledges after it emerged the administration was planning to spend billions on upgrading nuclear bombs stored in Europe to make the weapons more reliable and accurate. Under the plan, nearly 200 B61 gravity bombs stockpiled in Belgium, the Netherlands, Germany, Italy and Turkey would be given new tail fins that would turn them into guided weapons that could be delivered by stealth F35 fighter-bombers.