Tag Archives: billion

SoftBank is being linked with an investment that could value WeWork at more than $20 billion. CNBC reported that the Japanese telco giant is gearing up to make an initial investment of $2 billion into WeWork, with a view to putting nearly $1 billion more into the firm. The publication said …

In its annual Bad Ads report, Google says it took down more than double the number of ads in 2016 that it did in 2015 by removing 1.7 billion ads, compared to the 780 million removed in 2015. Google credited several changes for the big increase in removed ads. The new …

Apple sued Qualcomm today, alleging that the mobile chip giant owes it at least a billion dollars in unpaid rebates and agreements. Apple further states that Qualcomm “attempted to extort Apple into changing its responses and providing false information to the KFTC [Korean FTC] in exchange for Qualcomm’s release of …

DuckDuckGo, the privacy search engine that allows users to search without fear of queries being tracked, reached a major milestone last year — surpassing an accumulative 10 billion searches since the site’s inception. The search engine says four billion of those searches happened in 2016. Already this year, DuckDuckGo says …

Update: That didn’t take long. Sources have told Bloomberg that Verizon is exploring either paying significantly less for Yahoo or walking away from the deal entirely. Verizon is reportedly seeking a way to ensure that any future legal liability or disclosures fall solely on Yahoo in the event that Verizon …

As many as 1.13 billion people in the world have high blood pressure, says a new study published in the journal The Lancet. The study reveals the number of people with high blood pressure has nearly doubled in four decades. Image credit: Gerald Oswald. Researchers from an international consortium called …

It’s bad news for Yahoo. The company is in the midst of finalizing its sale to Verizon, but recent revelations about hacking and spying may be costing them a pretty penny. A story from the New York Post alleges that Verizon is now asking Yahoo for a hefty $1 billion discount …

Greylock Partners is getting another $1 billion to invest in startups. The long-time venture capital firm is announcing its 15th fund, bringing the total to $3.5 billion currently under management. With 50 years of investing in the books, Greylock has backed industry leaders in the enterprise IT and consumer internet …

Apple is considering investing up to $1 billion in the SoftBank Vision Fund, according to a report from the Wall Street Journal. With a fundraising target of $100 billion, Apple’s participation would mean that the world’s largest tech company would be investing in the world’s largest tech fund. SoftBank itself …

After a months-long bidding process and many layoffs, Yahoo has finally found a buyer. Verizon (which owns AOL, which owns TechCrunch) is officially acquiring Yahoo’s core business for $4.83 billion in cash, which includes Yahoo’s advertising, content, search and mobile activities. “Just over a year ago we acquired AOL to enhance …