The company will sell additional shares and hold a bond offering to raise the required funds that it says will be used to help it transform "into a highly profitable enterprise."
The parent of the wireless carrier gains a set of new online advertising tools in the deal, as well as media sites such as The Huffington Post.
Astronomers have used a trick of general relativity to look around a corner, of sorts, and view a massive, distant galaxy with remarkable clarity.
At its annual Worldwide Developers Conference, Apple says its App Store has paid $30 billion to developers for their apps.
The round could make the ride-hailing company the most valuable venture-funded startup ever.
At Microsoft Build 2015 in San Francisco, Executive Vice President Terry Myerson sets a goal of 1 billion devices for Windows 10 adoption in the next two to three years.
The ambitious new version of Windows, due this summer, will find its way to an even billion devices within two to three years, Microsoft says.
The company gives shareholders even more to be happy about with a dividend increase and new funds to buy back shares.
For the first time, the e-commerce giant reports sales results for Amazon Web Services -- and they're whopping.
The privately held music streaming service is said to be courting Goldman Sachs and others in a $400 million dollar fundraising round.