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$VZ and $YHOO said they have entered into definitive agreement whereby $VZ will buy $YHOO's operating business for about $4.83Bil in cash. $YHOO will be integrated with AOL under Marni Walden, EVP and President of the Product Innovation and New Businesses organization at $VZ.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.