Want to join the conversation?
$VZ said it has signed an agreement to purchase XO Communications' fiber-optic network business for about $1.8Bil. $VZ's ownership of XO's fiber-based IP and Ethernet networks will help better serve enterprise and wholesale customers. Also, acquired fiber facilities will help $VZ continue to densify its cell network. The deal will close in 1H17.
$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.