THE NEWS WRAP: Microsoft gives sneak peek of Windows 10

Microsoft has given the world a glimpse of what Windows 10 will look like for phones and tablets smaller than eight inches, Engadget reports.


The Start Screen experience is nearly identical to its predecessor, but plenty of other things have changed. Recently installed apps live at the top of your app launcher for easier prominence and the new Action Centre syncs with your PC.


Microsoft also showed off some of its universal apps – apps that will run on desktops, phones, tablets and the Xbox. As developers haven’t had much time to start work on those universal apps, Microsoft demoed cross-platform version of Office apps. For more details, head over to Microsoft.

Uber raises $1.6 billion in convertible debt

Transportation network startup Uber has raised $1.6 billion in convertible debt from Goldman Sach’s clients to help fund its international expansion, sources tell Bloomberg.


Uber is also still in talks to raise $600 million from hedge funds and international strategic investors, adding to the $1.2 billion in financing it raised last month.

Dropbox buys Israeli startup CloudOn

Cloud-storage startup Dropbox has closed a deal to acquire CloudOn, a developer of mobile productivity tools, The Wall Street Journal reports.


CloudOn has an engineering hub in Israel and the startup’s staff of roughly 30 employees will join Dropbox, with its offices becoming a base for Dropbox’s aggressive hiring in the region.


The Dow Jones Industrial Average is up 39.05 to 17,554.28. The Australian Dollar is currently trading at US81 cents.


Follow StartupSmart on Facebook, Twitter, and LinkedIn.

You can help keep SmartCompany free for everyone to read

Small and medium businesses and startups have never needed credible, independent journalism and information more than now.

That’s our job at SmartCompany: to keep you informed with the news, interviews and analysis you need to manage your way through this unprecedented crisis.

Now, there’s a way you can help us keep doing this: by becoming a SmartCompany Supporter.

Even a small contribution will help us to keep doing the journalism that keeps Australia’s entrepreneurs informed.

And it’s not all one-way traffic either. SmartCompany Super Supporters get to dial into our monthly editor’s meeting and attend a monthly, invite-only webinar with a big-name entrepreneur.