SoftBank's big checks are stalling tech IPOs

LAGUNA BEACH, Calif. (Reuters) – Big cash infusions for startups from an ever-expanding group of financiers, led by SoftBank Group Corp (9984.T) and Middle East sovereign wealth funds, have extinguished hopes that the technology IPO market would bounce back this year. These deep-pocketed financiers, which have traditionally invested in the public markets but are seeking […] Read more »

Uber Has Settled a Lawsuit Over Background Checks In California

Uber is currently embroiled in hundreds of lawsuits around the world, but after today, it can cross one off the list. The cities of Los Angeles and San Francisco sued Uber in 2014 over its background check procedures, but the company has now settled out of court for at least $ 10 million. Read more… […] Read more »