Verizon Communications Inc said on Tuesday it would buy Yahoo Inc's core business for $4.48 billion, lowering its original offer by $350 million in the wake of two massive cyber attacks at the internet company. | Video
Recent Technology News
TOKYO Japan's Toshiba Corp wants to raise at least 1 trillion yen ($8.8 billion) by selling most of its flash memory chip business, seeking to create a buffer for any fresh financial problems, a source with direct knowledge of the matter said.
JERUSALEM Israel's Mobileye and German automaker BMW said on Tuesday they signed an agreement to install Mobileye's data generation technology in BMW cars starting with 2018 models.
BRUSSELS European Union data protection watchdogs said on Monday they were still concerned about the privacy settings of Microsoft's Windows 10 operating system despite the U.S. company announcing changes to the installation process.
TOKYO Toshiba Corp wants to pick the preferred bidder or bidders for a majority stake in its chip unit by the end of May and will hold the first round of bids next month, a source with knowledge of the plan said.
MADRID Spain's Telefonica said on Tuesday it had agreed to sell up to a 40 percent stake in its telecom masts subsidiary Telxius to private equity firm KKR for 1.275 billion euros ($1.35 billion).
- HSBC pulls FTSE lower
- HSBC share run stumbles on writedowns, tough outlook |
- Chancellor Hammond closes in on budget goal
- Oil up 2 percent as OPEC chief sees higher compliance with cuts
- UK minister plays down German claim to stock exchange 'crown jewels'
- German court bars discussion of dieselgate documents in Audi case
- BoE's Carney put on the spot by MPs over low-rate view
- PSA says will honour existing Opel job guarantees
- Britain risks EU clash over RBS bailout terms
- Verizon, Yahoo agree to lowered $4.48 billion deal |