On-demand ridesharing company Uber is looking to raise another $US1.5 billion in funding as the startup continues its rapid expansion into other markets and verticals.
The latest raise could value Uber at $US50 billion or higher, according to The Wall Street Journal.
This would make the startup the most highly valued private company of all time, ahead of electronics manufacturer Xiaomi’s $US45 billion valuation last year.
The chief executive of GoPro will step in as SurveyMonkey’s head of operations following the sudden death of David Goldberg last week.
Re/Code reports Zander Lurie was on the board of SurveyMonkey and was a good friend of Goldberg’s.
Lurie will fill the role for three months while the board searches for a permanent chief executive. SurveyMonkey is valued at more than $2 billion.
Facebook is testing an in-app search engine to help users easily find websites and articles to link to during status updates.
“We’re piloting a new way to add a link that’s been shared on Facebook to your posts and comments,” a company spokesperson told TechCrunch.
If rolled out to all users, the update will allow people to avoid opening another tab to search for a link to share.
The Dow Jones Industrial Average is up 267.05 points, rising 1.49% to 18,191.11. The Aussie dollar is currently trading at around 79.3 US cents.
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