Tech

HP buys Samsung’s printer business for $1.05 bn

In a bid to ‘disrupt and reinvent’ the copier and printer industry Hewlett-Packard brought Samsung’s printer business for $1.05 billion. The deal will see Samsung’s printer business stepping away from its parent company with HP taking full control of it. Samsung printers has a big Asia presence with a turnover[Read More…]

5 things the Uber-Didi Chuxing deal tells us

Ride-hailing app Uber has decided to merge its China business with market leader Didi Chuxing. Uber global will receive 5.89 percent in the combined company that would be valued at $35 billion. Chairman of Didi Cheng Wei, will join the board of Uber while Travis Kalanick, Uber Chief Executive, will[Read More…]

Verizon buys Yahoo for $4.8 billion

Yahoo has agreed to sell its core website business to Verizon Communications for $ 4.8 billion, according to multiple reports. On February 3, Yahoo had announced that it is open for a bid to explore other strategic alternatives. After months of wait, Verizon bought the staggering company at lowest price[Read More…]

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