The American ride-hailing company will pay $1.4 billion in cash for the Dubai-based company and $1.7 billion in convertible notes, and Careem shareholders will have until Monday to agree with the terms.

Physical retailers have been going bankrupt at an alarming rate, and now it was time for Shopko. The rural retailer was in huge debt and it will shut down its operations by June.

Some of the major tech companies in the world are already investing big bucks towards the development of cloud-based gaming services, and here are the big names.

Amazon announced on Monday that the company signed an agreement to acquire Wi-Fi hardware maker Eero.

Amazon just broke it’s own record for annual sales and the plan is to continue expanding.

The company’s chairman and largest shareholder Eddie Lampert was able to win a bankruptcy lawsuit which helped avert the possibility of liquidation