SUBSCRIBERS
Yahoo likely to cull the list of first-round bidders this week
Published Sun, Apr 24, 2016 · 09:50 PM
New York
FIRST-ROUND bidders for Yahoo! Inc could find out as early as this week whether they've made it through to the next stage.
Yahoo's advisers were spending the weekend narrowing down the field of bidders after receiving more than 10 initial offers for the Internet company ranging from about US$4 billion to US$8 billion, according to people with knowledge of the matter.
Several first-round bid…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
'Harvesting data': Latin American AI startups transform farming
After long peace, Big Tech faces US antitrust reckoning
Tech’s cash crunch sees creditors turn ‘violent’ with one another
Tech millionaires chase billionaire tax shields with ‘swap fund’
Elon Musk’s Starlink profits are more elusive than investors think
Hollywood animation, VFX unions fight AI job cut threat