Uber Weighs Leave of Absence for Chief Executive Facing accusations that Uber executives turned a blind eye to sexual harassment and other corporate misbehavior, the ride-hailing service’s board moved on Sunday to shake up the company’s leadership, ahead of the release this week of an investigation’s findings on its troubled […]

Microsoft agrees to buy U.S.-Israeli cyber firm Hexadite Microsoft (MSFT.O) said on Thursday it has agreed to acquire Hexadite, a U.S.-Israeli provider of technology to automate responses to cyber attacks. Financial terms were not disclosed. In May, Israeli financial news website Calcalist said Microsoft would pay $100 million for Hexadite, […]

Yahoo shareholders approve sale of core business to Verizon Yahoo Inc (YHOO.O) shareholders on Thursday approved the company's pending sale of its core internet business to Verizon Communications Inc (VZ.N) for $4.48 billion, according to preliminary results from a shareholder meeting. Yahoo expects that the deal will close on June […]

Verizon plans to cut 2,000 jobs at Yahoo, AOL Verizon Communications Inc (VZ.N) is expected to cut about 2,000 jobs when it completes its $4.48 billion acquisition of Yahoo Inc's (YHOO.O) core assets next week, a person briefed on the matter said. The cuts are expected to come from Verizon's […]