Google has suspended business activity involving the transfer of hardware, software and key technical services with Huawei. Analysts say that could be a big blow to the...Technologyread more
Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Huawei claims it has developed its own operating system for smartphones and laptops for "extenuating circumstances."Technologyread more
Current geopolitical tensions are making it harder and harder for oil-producing nations to make decisions that will help stabilize crude prices, Russian Energy Minister...Oilread more
Oil prices jumped on Monday after Saudi Energy Minister Khalid al-Falih indicated there was a consensus among OPEC and allied oil producers to continue limiting supply.Energyread more
Bank, property and healthcare stocks jumped, pushing Australian markets to a 11-year high, as Scott Morrison and the Liberal-led conservation government are poised for a...World Marketsread more
Trump's threat, posted on Twitter, comes amid rising international tensions in the Middle East as the U.S. has dispatched a carrier strike group and bomber task force to the...Politicsread more
Trade tensions between the U.S. and China stalled a global recovery and are continuing to endanger investment and growth, the secretary general of the OECD warned Monday.World Economyread more
Prime Minister Narendra Modi and his Bharatiya Janata Party are set to form the new government again, exit polls from India's month-long parliamentary elections show. But past...Electionsread more
The latest crisis in the uneasy French-German relationship was accelerated by Trump's decision to stop Germany's comfortable and decades-old free-riding on trade and security...Europe Politicsread more
While some fans of the long-running "Game of Thrones" felt satisfied by the show's final bow, others were quick to express their displeasure with how events unfolded.Entertainmentread more
Here's a round-up of the most important deals in venture capital this week.
Wal-Mart has acquired a startup called Parcel, Recode reported, to ramp up its same-day delivery services.
Amazon acquired Body Labs, a start-up that offers 3-D body scanning technology, for at least $50 million, TechCrunch reported. The company's technology could be used to help Amazon deliver clothes and shoes that fit perfectly. But Body Labs' tech also helps developers quickly create 3-D characters that could be used in games, films and as avatars online.
Uber agreed to take a big investment from SoftBank. The investor will put $1 billion to $1.25 billion into the ride-hailing company, and seeks to buy a 14 to 17 percent stake of shares from existing shareholders, sources told CNBC.
SoftBank is also reportedly in talks to invest in a $2 billion round for Ola, an Uber competitor in India, Reuters reported. Tencent and other investors are also allegedly lining up to back Ola.
Business software company Docker raised $61.8 million of a targeted $75 million round, according to an SEC filing published on Friday. Docker, whose container technology threatens VMWare's virtualization business, is reportedly valued at $1.3 billion, according to an earlier Bloomberg report. Among Docker's investors are Insight Ventures Partners, Benchmark and Sequoia Capital.
An Oakland, California start-up called Roofstock raised $35 million for its online real estate marketplace. The site features single-family home rental properties for sale that already have tenants in them. Investors included Canvas Ventures, Lightspeed Venture Partners, Bain Capital Ventures, Khosla Ventures and others.
Corporate venture investors piled into a $30 million series b round for FogHorn Systems, a maker of software for the "industrial internet of things." Investors included: Intel Capital, Saudi Aramco Energy, Honeywell Ventures and GE, among others.
Peter Thiel's Founders Fund and the Investment Corp. of Dubai invested $30 million in Nanotronics, a start-up that makes robotic microscopes which are used in factories to evaluate components at a nanoscopic level. They microscopes use computer vision and deep learning software to determine if parts are flawed and potentially unsafe for consumers.
Care.com competitors UrbanSitter raised $17 million to expand their childcare on-demand service across the U.S. As Forbes reported, investors in the babysitter booking start-up included Advance Venture Partners (AVP), Canaan Partners, Aspect Ventures, DBL Investors, Shatter Fund, First Round Capital, Menlo Ventures and others.
A cybersecurity startup called Hypr raised $8 million in a new round of funding from RRE Ventures and its earlier backers RTP Ventures, Boldstart Ventures and Mesh Ventures. Hypr is helping large corporations figure out how to safely use fingerprints, and other biometric data, in lieu of alphanumeric passwords.
The Mayfield Fund led a $4 million investment in a virtual reality startup called Tripp. The is developing interactive VR "experiences" that induce a state of calm in the viewer, CEO Nanea Reeves told CNBC in an e-mail.
Danny Meyer's Union Square Hospitality Group has started a private equity fund to expand and franchise the group's current restaurants while also investing in outside food and food-tech companies. According to Eater, the fund has already raised $200 million and invested in Resy, the restaurant reservations app, and several restaurants and cafes.