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Verizon settles on $4.48 billion purchase price for Yahoo’s core assets following email hacks

Verizon was able to save even more money following Yahoo’s email hacks. The telecommunications company announced a deal to buy the core business of Yahoo for $4.48 billion —managing to secure a $350 million discount it was pursuing because of two major security breaches, the last of which affected over 1 billion accounts. The deal […]

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News Software

Yahoo to transition name to “Altaba”, Mayer to step down as CEO following Verizon acquisition

It’s the end of an era. Yahoo, which is currently in the midst of an acquisition by Verizon and following a pair of data breaches that exposed the information of over 1 billion customers, revealed via a new regulatory document filed today shows that Verizon’s acquisition of the company is moving closer to completion. Following […]

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Rumor Software

Rumor: Apple purchases TupleJump, expands machine learning resources

Machine learning is the hip new thing and Apple wants to be as large a part of it as humanly possible. Adding to its collection of machine learning acquisitions, following a buyout of Perceptio at the end of 2015 and Turi just a few months ago, Apple has now acquired an India/US-based machine learning team, […]

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Hardware Rumor

Rumor: Apple in talks to acquire Lit Motors, may be focusing on two-wheeled vehicle technologies

Moving beyond the McLaren rumor, Apple is also said to be talking to Lit Motors, a small company that participated in the Startup Battlefield at TechCrunch Disrupt SF back in 2012, a contest they finished second in. The San Francisco-based startup is developing a new kind of electric vehicle vehicle that seems something like a […]

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Apple Hardware Rumor

Rumor: Apple looking into acquisition, strategic investment of McLaren for car project

If you’ve ever drooled a bit over a parked McLaren on the street, then you’ve got something in common with Apple. The current rumor has it that Apple has approached British supercar-maker McLaren to discuss an acquisition or a strategic investment in the firm. The talks are said to have been in progress for several […]