Analysts are predicting more bad news for Yahoo on Tuesday as the company releases its latest results amid a now floundering takeover bid.
Verizon has acquired Yahoo in an all-cash deal for $4.83bn.
As news broke of Microsoft’s $26.2bn acquisition of LinkedIn last week, one wag took to Twitter to quip: “Satya Nadella makes bold final attempt to stop LinkedIn from emailing him.”
Fifteen years ago, when AOL effectively took over Time Warner in a deal often described as the worst in history, the gamble was that the internet was the future of communication. That bet was right even if it cost AOL and Time Warner almost everything.
Google is reportedly considering a billion-dollar investment in SpaceX, Elon Musk’s spaceflight company, in order to boost its deployment of cut-price satellite internet.
Google is buying Jetpac, a “city guides” company with a twist which used image recognition and neural network technology to recommend places it deemed the happiest, most popular or with the best views and scenic hikes.
Yahoo is set to acquire mobile app analytics firm Flurry for an undisclosed sum, said to be in the hundreds of millions of dollars.
Google's acquisition spree is continuing, with the company buying the connected camera company Dropcam for $555m and Alpental, which makes systems that could be used in future 5G connections.