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On July 25, $VZ announced it had entered into a definitive agreement to acquire $YHOO's operating business for approx. $4.8Bil in a transaction expected to close in 1Q17. $VZ expects this acquisition to put it in a great position as a top global mobile media company and give it a significant source of revenue growth for the future.
$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.