The second highest valued venture backed company in the world is looking to get even richer by expanding a round of funding from $1.8 billion to $2.8 billion.
Canon, which has watched its financial performance slip in recent quarters, sees possibilities for growth in the corporate world, which Axis caters to.
The cuts would reportedly be in addition to 1,000 jobs Sony already said it would eliminate in smartphone and tablet unit.
The iPhone 6 and 6 Plus helped the company generate $16.2 billion, or 22 percent of its revenue, from China.
The on-demand car service last year said it will cap fares during natural disasters. With a huge snowstorm hitting the East Coast, Uber has the chance to put its money where its mouth is.
Apple also reveals that CEO Tim Cook's total compensation more than doubled last year to $9.22 million, while retail chief Angela Ahrendts made $73.4 million.
A New York Times report, triggered by the leak of new documents, sheds light on how US officials so quickly concluded North Korea was the source of the November hacking attack against Sony Pictures.
Industry leaders say virtual and augmented reality applications will be as widespread as mobile phones, but not until some major hurdles are addressed.
In response to the hack attack on Sony Pictures over its film "The Interview," President Barack Obama issues an executive order designed to punish the country the FBI says was responsible.
Still haven't seen the movie that a group of hackers tried to stop? Now you have even more ways to watch it.