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Uber’s former CEO plans 29% stake sale

Bloomberg Former Uber Technologies Inc. Chief Executive Officer Travis Kalanick, who has long boasted that he’s never sold any shares in the company he co-founded, plans to sell about 29 percent of his stake in the ride-hailing company, people with knowledge of the matter said. Kalanick stands to reap about $1.4 billion from the transaction with SoftBank Group Corp. and ...

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Macs, iPhones, iPads exposed to chip flaw: Apple

Bloomberg Apple Inc. said all Mac computers and iOS devices, like iPhones and iPads, are affected by chip security flaws, but the company stressed there are no known exploits impacting users. The Cupertino, California-based company said recent software updates for iPads, iPhones, iPod touches, Mac desktops and laptops, and the Apple TV set-top-box mitigate one of the vulnerabilities known as ...

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Trump tax reform has states hungry for lower utility bills

Bloomberg It’s been less than a month since Congress approved a sweeping tax overhaul and states are already champing at the bit to get a piece of the action. Regulators from Montana to Kentucky have ordered utilities to act now to ensure ratepayers share in the windfall from the tax bill signed into law by President Donald Trump that slashed ...

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