News highlights for 13 March
REUTERS/Rick Wilking/File Photo
Intel buys Mobileye – the driverless car arena hots up
JERUSALEM/DETROIT (Reuters) – Intel Corp agreed to buy Israeli autonomous vehicle technology firm Mobileye for $15.3 billion on Monday in a deal that could thrust the U.S. chipmaker into direct competition with rivals Nvidia Corp and Qualcomm Inc to develop driverless systems for global automakers. Read more…
Canadian tax site hacked – offline
(Reuters) – Canada’s government said on Monday that it shut down its website for filing federal taxes after hackers broke into a web server at the nation’s statistics bureau last week by exploiting a newly disclosed software bug. Read more…
Verizon wanted over $900 million discount to buy Yahoo
NEW YORK (Reuters) – Verizon Communications Inc sought almost triple the price reduction that it ultimately obtained for Yahoo Inc’s core assets following two massive cyber attacks at the internet company, according to a Yahoo filing. Read more…
Charles Schwab launches robo financial advice
NEW YORK (Reuters) – Brokerage Charles Schwab Corp on Tuesday launched a service that combines its automated investment management technology with human advisors, as financial institutions race to offer digital financial advice. Read more…
Citrix explores exit ideas, including sale
(Reuters) – U.S. networking software company Citrix Systems Inc has been exploring strategic alternatives including a potential sale, people familiar with the matter said on Monday. Read more…
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