internet

Exclusive: Verizon set to make Yahoo’s bidder short list – sources

Verizon Communications Inc was set on Tuesday to advance to the second stage of bidding for Yahoo Inc's core assets, as the U.S. internet company went through offers to put together a short list, people familiar with the matter said. Verizon submitted its offer with advice from investment banks Guggenheim Partners LLC, LionTree

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Exclusive: Verizon set to make Yahoo’s bidder short list – sources

internet

EU charges Google with abusing market dominance of Android

Google found itself under fire again on Wednesday from EU antitrust regulators who say it abused the dominant position of its Android mobile operating system, a move which could hit a key money-spinner for the company. Google is already facing EU charges of promoting its own shopping service in Internet searches at the expense of rival products, a case which has dragged on since…

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EU charges Google with abusing market dominance of Android

internet

Uber’s real estate footprint unmatched among S.F. Bay Area startups

By Heather Somerville SAN FRANCISCO (Reuters) – Uber's new Oakland headquarters is about four times bigger than Internet radio service Pandora Media's office nearby, and will house about five times the number of employees that ride-hailing competitor Lyft has at its headquarters. The on-demand ride service paid $123.5 million for Oakland's historic Sears building last year and has so far filed building permits to complete at least $2 million in renovations, according to BuildZoom, a startup that compiles construction and remodeling contractor…

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Uber’s real estate footprint unmatched among S.F. Bay Area startups

internet

Time Inc explores bid for Yahoo’s core business: source

Time Inc , publisher of Sports Illustrated, People and Time magazines, has been exploring a bid to acquire Yahoo Inc's core Internet business for several weeks, a source familiar with the situation told Reuters on Tuesday. Time Inc has been reaching out to …

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Time Inc explores bid for Yahoo’s core business: source

internet

Seven $1 billion-plus drugs seen reaching market in 2016

Drug companies are likely to launch seven “blockbuster” drugs in 2016, each with $1 billion-plus annual sales potential, led by new treatments for liver disease and HIV, according to a Thomson Reuters analysis. The assessment means the pharmaceuticals industry is on track for another productive year, although not as good as 2015, which saw the arrival of 11 new blockbusters. The two top …

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Seven $1 billion-plus drugs seen reaching market in 2016

internet

Ford Europe cuts jobs to achieve $200 million cost savings

Ford plans to shed hundreds of white-collar jobs in Europe to cut costs by $200 million annually and is taking additional steps to revamp its lineup as it targets durable profitability in the region, the carmaker said on Wednesday. The U.S. automaker turned a full-year profit of $259 million in Europe in 2015 for the first time

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Ford Europe cuts jobs to achieve $200 million cost savings

internet

Yahoo to look at strategic alternatives, cut jobs as it pursues spin-off

Yahoo Inc said on Tuesday it would consider “strategic alternatives” for its core Internet business and cut about 15 percent of its workforce, even as it continues with its plan to revamp the business and spin it off. The announcement is the strongest sign yet that the board and Chief Executive Marissa Mayer may be willing to…

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Yahoo to look at strategic alternatives, cut jobs as it pursues spin-off

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Yahoo to decide next strategic steps after quarterly earnings: sources

Yahoo Inc will decide on its next strategic steps only after releasing quarterly earnings on Feb. 2, people familiar with the matter said, as the company continues to resist investor calls to explore a sale of its core Internet assets. Yahoo wants to gauge shareholder reaction after presenting its strategic vision during the earnings conference call, one of the people said. Yahoo this month rebuffed several potential buyers for its core Internet assets, including private equity firms, the three sources said this week.

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Yahoo to decide next strategic steps after quarterly earnings: sources

internet

Philips in lighting partnerships with Cisco, SAP and Bosch

AMSTERDAM (Reuters) – Philips has entered strategic partnerships with Cisco , SAP and Bosch [ROBG.UL] under which the Dutch company will become a preferred supplier of networked lights.

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Philips in lighting partnerships with Cisco, SAP and Bosch

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Yahoo will not spin off Alibaba stake, weighs core business sale: CNBC

SAN FRANCISCO/BENGALURU (Reuters) – Yahoo Inc is weighing a sale of its core Internet business and will not sell its stake in Chinese e-commerce firm Alibaba Group Holding Ltd , CNBC reported, with an announcement coming as soon Wednesday. The moves represent a stark rejection of Chief Executive Officer Marissa Mayer's plan to sell the $30 billion Alibaba stake and to

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Yahoo will not spin off Alibaba stake, weighs core business sale: CNBC

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