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Verizon, Yahoo agree to lowered $4.48 billion deal

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

Toshiba seeks $8.8 billion for chip unit stake as banks fret over risks

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.

Deals, Japan 10:19am GMT

BMW, Mobileye in deal to collect map data for self-driving cars

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.

3:04pm GMT

EU privacy watchdogs say Windows 10 settings still raise concerns

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.

20 Feb 2017

Toshiba wants to pick preferred bidder for chip unit sale by May: source

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.

Deals 10:06am GMT

Telefonica to sell up to 40 percent of Telxius to KKR for 1.3 billion euros

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).

Deals 7:15am GMT

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