SoftBank becomes the largest stakeholder in Uber as investment deal closes The deal sees a group of investors led by SoftBank Group acquire a large number of shares from existing Uber investors and employees at a discounted valuation for the company of $48bn. The deal will trigger a number of governance changes at Uber. Read more.

Apple pledges to make $350bn investment in US economy over next five years The plans include the creation of 20,000 new jobs over that timeframe and the opening of a new office campus somewhere in the US this year. The plans also include expanding Apple's coding initiatives to help students learn vital coding skills. Read more.

Experian posts 5% rise in third-quarter organic revenue The credit data company and FTSE 100 constituent said organic revenue from ongoing activities for the quarter ended 31st December was up by 5% in North America and was unchanged in the UK and Ireland at constant exchange rates. Read more.

Storage and rental startup Omni raises $25m in new investment round Omni offers storage options for people with limited space in their home. Executives at fintech business Ripple participated in the funding round, as did existing Omni investor Highland Capital Partners. Read more.

Zalando reports strong finish to year as Christmas sales surge The fashion ecommerce business forecast that sales in the final quarter of the year will come in between €1.32bn and €1.35bn, a rise of 21.2% to 23.2%. It also stated that full-year sales will fall between €4.48bn to £4.5bn. Read more.

Google and Coursera partner on new IT training scheme Google said it is working with the online education startup to help meet the growing need for tech skills in the modern world. Coursera has 30 million users and offers around 2,500 courses. Read more.