Industry

Industry

The business side of tech. The industry’s latest developments, legal face-offs, acquisitions, and technology trends.

Verizon, Yahoo agree to lower acquisition price by $350 million

Verizon and Yahoo have reached to a new agreement on the planned acquisition of Yahoo’s operating business, knocking the price down by $350 million to $4.48 billion. The two companies will also share certain legal and regulatory liabilities arising from…

Samsung chief Lee Jae-yong arrested on bribery charges

Vice chairman of Samsung, Lee Jae-yong, was arrested in Seoul, South Korea on Friday morning local time on charges of bribery, perjury, and embezzlement. Lee was taken into custody at Seoul Detention Center, where he was already being held during…

Modern workplaces still more vision than reality

We’ve all seen the images. Happy young employees, working productively in open-air workspaces, easily collaborating with co-workers and outside colleagues all-over the world, utilizing persistent chat tools like Slack to keep on top of all their latest projects and other…
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