Despite all eyes being focused on Tim Cook et al. for two hours on Wednesday, the rest of the tech world kept on turning.
Before you leave work for the weekend, let us quickly recap the week’s events. We picked out the need-to-knows from the stories that made the top of Index’s algorithms for you.
This week in numbers
Index recorded 146 funding events and 40 acquisitions this week. The median amount raised by tech companies was $1.9 million, 24 percent less than last week. The largest investment round was raked in by Chinese Uber rival Didi Kauidi, which received $1 billion in private equity just one week after Uber China received an equally sizeable investment of $1.2 billion.