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Elliott takes stake in Akamai Tech, says shares undervalued

Hedge fund Elliott Management disclosed a 6.5 percent stake in Akamai Technologies on Friday, and said the company's $9.7 billion market value did not reflect the uses of its platform, which speeds up content delivery over the internet.

Embraer sees 2024 commercial launch for Uber flying cabs

A network of electric aircraft Uber Technologies Inc is developing with Embraer SA is likely to launch commercially in 2024, the Brazilian planemaker's chief executive said on Friday, adding a year to the latest forecast from the ride-hailing company.

Facebook defends itself against critics of social media

Facebook Inc on Friday struck back against scientific researchers and tech industry insiders who have criticized the world's biggest social media network and its competitors for transforming how people behave and express emotion.

Bitcoin hits new record high as warnings grow louder

Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange on Friday, up 9 percent on the day, as warnings grew over the risks of investing in the highly volatile and speculative instrument.