Technology

FILE PHOTO: A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/Illustration/File Photo LONDON (Reuters) – Bitcoin hovered above $7,000 on Monday, close to nine-month highs, as the biggest cryptocurrency’s 2019 rally gathered steam. Bitcoin was last up 1.1% at $7,056 on the Bitstamp exchange after
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(Reuters) – Uber Technologies Inc’s shares fell nearly 9% in their New York Stock Exchange debut on Friday, marking a rocky start for one of the most high-profile U.S. companies to go public since Facebook Inc seven years ago. The fall in shares undermined Uber’s strategy of pricing its oversubscribed IPO conservatively at $45 per
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(Reuters) – Uber Technologies Inc’s shares fell nearly 9% in their debut on Friday, marking a rocky start to one of the most high-profile U.S. initial public offerings since Facebook Inc’s seven years ago. The stock’s opening at $42 undermined Uber’s strategy to price its oversubscribed IPO conservatively at $45 per share to avoid a
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