Yahoo is in the process of finalizing its sale to Verizon. However, the recent news that it was hacked in 2014 and subsequent reports about the technology company snooping on its users' emails are going to cost Yahoo a lot. It is reported that Verizon is now looking for a $1 billion discount on the purchase price. The original deal wa priced at $4.8 billion.
Apple has opened its first research and development center worth 300 million Yuan ($45 million) in Beijing, China. The center, which is located in Zhongguancun Science Park, is the company's latest attempt to reverse its declining sales in the country.
Amazon made significant changes to its community guidelines at the beginning of this week, which are aimed at eliminating incentivized reviews, except for those that emerge from within its Amazon Vine program.
Google has been formally accused by the European Commission of unlawful, monopolistic practices, and the American company could be hit with a record fine.
4chan, the once infamous image-based bulletin board labeled as "the a**hole of the internet," is running out money.
South Korean tech giant Samsung Electronics is hoping to go big with its latest Gear S3 smartwatch as the company has increased the sales target for the device by 60 percent.
Facebook is all set to claim its lost territory in the online retail market using its most powerful tool, Messenger. However, the future of Facebook's online market hangs on the success or failure of its experimental Chatbots.
Apple has been ordered to pay $302.4 million to VirnetX to compensate the company for infringing its patents. The technology giant was found to have violated VirnetX's patent with its FaceTime feature. The infringed patents are related to secure communications.
Salesforce has asked EU regulators to block Microsoft's acquisition of business networking company LinkedIn, citing it to be "anticompetitive." The company's Chief Legal Officer Burke Norton claims that the deal raises "significant" issues concerning data privacy and antitrust.
