Company Overview and News

 
Uber valued at about $62 billion in new offer to buy company stock

20h sfgate
Three investors are looking to buy stakes in Uber in an offer that values the company at $62 billion.

 
Uber’s exit prompts Go-Jek to expand beyond Indonesia

20h bworldonline
GO-JEK, Indonesia’s first billion-dollar startup, will invest $500 million to expand ride-hailing and other services to four Southeast Asian countries, taking advantage of Uber’s pullout from the region to make its first international foray.

 
Uber drives over bumps in road, slashes losses and plans stock sale

20h scmp
Uber cut its losses almost in half and its ride bookings jumped 51 per cent since one year ago, the Silicon Valley ride-services firm said on Wednesday, showing that months of scandal and retreating from overseas markets have not slowed its business.

 
Uber's exit prompts Go-Jek to speed beyond Indonesia

20h scmp
Indonesia’s first billion dollar start-up will enter Vietnam, Thailand, Singapore and the Philippines in coming months

 
Uber trims losses and grows business, plans new stock sale

20h channelnewsasia
Uber cut its losses almost in half and its ride bookings jumped 51 percent since one year ago, the Silicon Valley ride-services firm said on Wednesday, showing that months of scandal and retreating from overseas markets has not slowed its business.

 
Nemaska Lithium annonce un appel public à l’épargne d’actions ordinaires par voie de prise ferme pour 280 000 000 $ CA ainsi qu’un placement privé concomitant d’actions ordinaires pour 80 000 000 $ CA

2018-05-23 globenewswire
NE PAS DISTRIBUER À DES SERVICES DE FIL DE PRESSE AUX ÉTATS-UNIS NI DIFFUSER, PUBLIER OU DISTRIBUER DIRECTEMENT OU INDIRECTEMENT, EN TOTALITÉ OU EN PARTIE, AUX ÉTATS-UNIS

 
Tokyo stocks tumble on yen’s rise

2018-05-23 japantimes.co.jp
Stocks plunged on the Tokyo Stock Exchange on Wednesday, bruised by the yen’s advance against the dollar.

 
Deals of the day-Mergers and acquisitions

2018-05-23 reuters
May 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Wednesday:

 
SoftBank is selling its entire Flipkart stake to Walmart

2018-05-23 cnbc
SoftBank Group said on Wednesday it is selling its roughly 20 percent stake in Indian e-commerce firm Flipkart to Walmart.

 
SoftBank says selling its entire Flipkart stake to Walmart

2018-05-23 reuters
TOKYO (Reuters) - SoftBank Group Corp (9984.T) said on Wednesday it is selling its roughly 20 percent stake in Indian e-commerce firm Flipkart [IPO-FLPK.N] to Walmart Inc (WMT.N).

 
Nemaska Lithium secures funding for mine with C$400 mln equity raise

2018-05-22 reuters
(Reuters) - Canada’s Nemaska Lithium (NMX.TO) said on Tuesday it had secured funding of up to C$402 million ($314 million) from investors, which it plans to use to build a mine and processing plant to produce lithium, the key ingredient for rechargeable batteries.

 
Nemaska Lithium Announces C$280,000,000 Bought Deal Public Offering of Common Shares and C$80,000,000 Contemporaneous Private Placement of Common Shares

2018-05-22 globenewswire
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN THE UNITED STATES

 
Uber pulls up in Japan with taxi-hailing service

2018-05-22 reuters
TOKYO (Reuters) - Uber Technologies plans to launch its first taxi-hailing pilot service in Japan that will connect passengers to other taxi providers, as it seeks to expand in the country where the U.S. firm has been blocked from setting up its own fleet of drivers.

1
Microsoft, Google find fresh flaw in chips, but risk is low - Channel NewsAsia

2018-05-22 channelnewsasia
Cyber security researchers have found a new security flaw that affects a broad swath of modern computing chips and is related to the Spectre and Meltdown chip flaws that emerged in January.

 
Microsoft, Google find fresh flaw in chips, but risk is low

2018-05-21 reuters
(Reuters) - Cyber security researchers have found a new security flaw that affects a broad swath of modern computing chips and is related to the Spectre and Meltdown chip flaws that emerged in January.

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CUSIP: 83404D109