Bloomberg Uber Technologies Inc has joined rival Lyft Inc in filing for an initial public offering (IPO), according to a person familiar with the matter. Like Lyft, Uber this week submitted its IPO filing confidentially to the US Securities and Exchange Commission (SEC), said the person, who asked not to be identified because the matter was private. Unlike Lyft, the ...

Bloomberg Chipmaker Broadcom Inc gave a strong sales forecast for next year thanks to heavy spending by cloud providers. The company’s wireless business, a key Apple Inc supplier, performed better than expected in the quarter that ended on November 4. Chief Executive Officer Hock Tan suggested that was driven by demand for older iPhones, but also warned of a “downtick” ...

Bloomberg A Blackstone Group LP unit that buys stakes in alternative-asset managers is nearing a deal to make a minority investment in GI Partners, according to people familiar with the matter. The size of the stake that Blackstone Strategic Capital Holdings is in talks to acquire couldn’t immediately be learned. The transaction hasn’t been finalised and either side may decide ...