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Deutsche Telekom is in talks with U.S. cable company Comcast about a potential sale of T-Mobile US, German Manager Magazin reported on Wednesday, citing sources. Deutsche Telekom is in talks with several parties, including satellite provider Dish, according to the magazine, but Comcast is viewed as a more attractive buyer by the German telecoms provider’s management. Comcast would be a better candidate as it is financially stronger and would be
(Reuters) – Microsoft Corp said former Nokia Oyj top boss, Stephen Elop, is leaving the software maker as part of a shakeup in its senior leadership. Elop, once considered a successor to former Microsoft Chief Executive Steve Ballmer, joined Microsoft to run its devices business following the company’s acquisition of Nokia’s handset business. Elop was hired as Nokia CEO in 2010 from Microsoft, where he ran the business software division.
The ruling, made earlier this month and filed Tuesday in state court in San Francisco, said Uber is “involved in every aspect of the operation.” Uber has argued its drivers are contractors, not employees.
Markets hope to hear from a dovish Fed, even though Janet Yellen may send a strong message that the central bank is likely to raise interest rates this year.
Microsoft Corp. said Stephen Elop, Kirill Tatarinov and Eric Rudder will leave as the company streamlines its management. Executive Vice President Terry Myerson will lead a newly formed Windows and Devices Group, while Executive Vice President Scott Guthrie will continue to lead the Cloud and Enterprise group, the software maker said Wednesday. Microsoft is changing its senior leadership team to focus on three key areas: productivity and business processes, cloud
Nearly a million people became millionaires last year. The number of people worth $1 million or more rose by 920,000 last year, hitting a record 14.6 million. It was the sixth straight year-over-year increase …
Six months ago Wednesday, Presidents Barack Obama and Raul Castro stunned the world by announcing an end to their nations’ half-century of official hostility. U.S. travelers, politicians and executives …
Greek Prime Minister Alexis Tsipras said he’s ready to take responsibility for rejecting the terms of a deal on aid if creditors demands are unacceptable.
FedEx slid in early trading after the operator of the world’s largest cargo airline posted a fourth-quarter profit that trailed analysts’ estimates.
Wal-Mart Stores Inc. owns more than $76 billion of assets through a web of units in offshore tax havens around the world, though you wouldn’t know it from reading the giant retailer’s annual report.
