After a $140 million court judgment against it in a lawsuit brought by former professional wrestler Hulk Hogan over a sex tape, Gawker Media LLC, an online publishing pioneer, filed for Chapter 11 bankruptcy and put itself up for sale.   There were revelations that billionaire investor Peter...

Symantec, Blue Coat companies agreed to merge, which would cost $ 4.65 billion to the developer of software for personal computers. Once the deal is done, Symantec will get not only portfolio of the world leader in web-security market products, but also a new CEO, that is, Greg Clark, now head of...

Global Xpress service to blossom in the partnership between Inmarsat and SpeedCast. SpeedCast International and Inmarsat have entered into a “partnership”. The former specialises in “maritime broadband”. Both the company will jointly venture in rolling out the new “Global Xpress (GX) service” which...

The ability of Monsanto, which has become a leading provider of analytics used by growers, to provide and offer the growth in digitally assisted farming was the key reason that German chemical company Bayer made the $62 billion bid for the US seed giant.    Monsanto is at the “forefront...

Blamed for at least three high-profile cheating scandals, Japanese automaker Mitsubishi Motors plans to bring in an outside auditor to monitor its technology division, reports Reuters quoting two people familiar with the thinking of the company's leadership.   A third-party auditor would...

UEFA Euro 2016 starts tomorrow in France. Traditionally, the championship will also become a battleground for two largest sports brands - Nike and Adidas. Strategies of the both competitors involve full use of advertising and sponsorship potential for Euro-2016. Repucom marketing research agency in...

Yahoo Inc. put up for sale a portfolio of about 3 thousand patents, including a patent for the original search technology Yahoo. The company expects to get over $ 1 billion from the sale of intellectual property. US Internet company Yahoo Inc. put up for sale a patent portfolio, the value of which...

Panasonic shares rose after Tesla Motors’ chief executive said on Wednesday  that the US automaker is working exclusively with Panasonic Corp to supply batteries for the Model 3, its first mass-market car.   Samsung SDI was making progress in talks with Tesla to supply batteries for the...

A second-round bid of about $3 billion for Yahoo  Inc.’s core internet business is being planned by Verizon Communications, reports the Wall Street Journal citing a person familiar with the matter.   It was expected that the Monday’s deadline for the second round of bids would...