Several major Yahoo Inc shareholders are so concerned the company's core Internet business could fall in value that they want it sold as soon as possible.
The shareholders said they would prefer that than wait for Yahoo to go through with its plan to seek a tax-free spin-off of the operation, which includes Yahoo's sports and news sites as well as its popular email service.
Reuters reviewed a letter sent to the Yahoo board by one major shareholder and spoke to people with knowledge of the views of others with significant stakes.
LAS VEGAS--(BUSINESS WIRE)--HARMAN (NYSE:HAR), the premier connected technologies company for automotive, consumer and enterprise markets, today announced it is acquiring TowerSec, a global automotive cyber security company specializing in network protection for connected vehicles. TowerSec’s technology will be integrated into HARMAN’s 5+1 security architecture aimed at protecting the critical points of vulnerability in the connected and autonomous car, including hardware, network and Over The Air (OTA) updates.
LAS VEGAS--(BUSINESS WIRE)--Today at CES 2016, Huawei announced strong business results and rapid year-over-year growth for Consumer Business Group (CBG). Huawei’s revenue exceeded $20 billion USD in 2015, nearly a 70 percent increase from 2014. Additionally, Huawei shipped 108 million smartphones in 2015 – a 44 percent increase from the previous year – becoming the leading Chinese smartphone manufacturer to top the 108 million milestone.
Huawei experiences growth in global markets while becoming the top smartphone brand in China
M/C Partners is a Boston-based communications-focused private equity firm, originally the media/communications arm of TA Associates and spun out in the mid-80s. The firm was an early investor in Western Wireless, Nextel, and a host of smaller wireless companies across the country. Its most recent big wireless deal helped to fund the initial build out of MetroPCS in 2001-2002.
STOCKHOLM (Reuters) - Swedish mobile telecom gear maker Ericsson said it had signed a patent license deal with Apple Inc over technology that helps smartphones and tablets connect to mobile networks, sending its shares up much as 8 percent.
The deal ends a year-long dispute with Apple, one of the biggest legal battles in mobile technology and Ericson said it would pave the way for cooperation between the companies on future technologies.
TORONTO (Reuters) - BlackBerry's pivot to software began to show traction on Friday, after the company reported a smaller quarterly loss and its first quarter-to-quarter revenue increase in over two years, sending its stock soaring 13 percent.
Significantly, gains in software revenue more than offset a steepening decline in legacy system access fees for the first time, and the Waterloo, Ontario-based company said this trend should continue.
TORONTO (Reuters) - Cable company Shaw Communications Inc gutpunched its main telecom rival with a surprise offer to buy wireless operator Wind Mobile, sinking shares in Telus Corp on Thursday amid competition fears.
Telus fell to its lowest since early 2014 as analysts cheered Shaw's move, which if completed, would give Wind more financial heft to expand its network and provides Shaw with an established wireless product to bundle with its Internet, television and landline services.
BRUSSELS (Reuters) - European Union antitrust regulators charged Qualcomm on Tuesday with abusing its market power to thwart rivals, putting the world's number one mobile chipset maker at risk of a hefty fine.
The accusations by the European Commission are the latest antitrust problems for the company as regulators in the United States, China, Japan and South Korea look into its licensing model and its dominant patents in mobile networks and devices.
SEOUL (Reuters) - Tech giant Samsung Electronics Co Ltd's long-time handset division chief is ceding day-to-day management of the struggling smartphone business in the biggest leadership change yet under the Samsung conglomerate's heir-apparent, Jay Y. Lee.
Samsung Group said 54-year-old Dongjin Koh will take over as president of the mobile communications business from 59-year-old J.K. Shin, who will remain head of the overall mobile division for Samsung Electronics and focus on long-term strategy and developing new growth businesses.
CAPE TOWN (Reuters) - Finnish network equipment maker Nokia remains upbeat about its growth prospects in Africa despite a slowdown in many of the continent's fastest-growing economies, a senior company executive said on Thursday.
Nokia, which sold its once-dominant mobile handset business to Microsoft in 2014, deals in Africa mostly with telecommunications operators and governments, both of which have been hit by weaker currencies and slower economic growth.
Connected vehicle technology is rapidly evolving to encompass Vehicle-to-Vehicle (V2V), Vehicle-to-Infrastructure (V2I), Vehicle-to-Device (V2D), and Vehicle-to-Pedestrian (V2P) signaling and communications. This research examines the V2V and V2X market including technologies, solutions, and major players.
The report evaluates market opportunities and challenges for IoT Device Management solutions across various industry verticals. The report includes forecasting for global and regional markets as well as potential across deployment types and sectors including automotive, manufacturing, smart cities, and more.
Analysis of the DAS market, including carrier WiFi, small cells, and SON, and the leading companies in the DAS ecosystem and their solutions. The report also includes evaluation of market drivers, challenges, and provides forecasts for 2016 to 2021.
Comprehensive coverage of NGN OSS/BSS including opportunities within Big Data and IoT, analysis of the drivers and issues related to the technical and business aspects of OSS/BSS, deployments and operations issues, and quantitative analysis with forecasts for anticipated growth through 2021.