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SoftBank's big investment in Uber comes to a close Following the close of the tender offer on Thursday, a SoftBank-led group was able to get its desired 14% stake in the company. The news was first reported by The Wall Street Journal. The shares purchased from existing shareholders will value the company at approximately $48 billion, a significant ...
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Scoop: White House reshuffle expected in new year The backdrop: There's been an intense focus recently on the performance of the White House political shop in general and its leader Bill Stepien in particular. We were first to report in detail about the widespread concerns about the operation's performance; and WashPo and others reported on a recent ...
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The Dark Horse in the Search for Dark Matter In its first 530 days of operation, the probe recorded more than 2.8 billion cosmic rays. When scientists looked at data, they found something unusual. Some of the cosmic rays—at least 1.5 million of them—were recorded at a different and higher energy level than the others. Plotted on a chart, they ...
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Facebook and Twitter threatened with sanctions in UK 'fake news' inquiry Facebook and Twitter could face sanctions if they continue to stonewall parliament over Russian interference in the EU referendum, the chair of a Commons inquiry has said. Damian Collins, chair of the Department of Culture, Media and Sport select committee, which is looking into so-called "fake news", ...
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Watchdog accuses Lufthansa of price hikes in wake of Air Berlin bankruptcy Germany's Federal Cartel Office (FCO) is currently probing complaints that Lufthansa fares shot up on some routes after bankrupt rival Air Berlin stopped flying in late October. Lufthansa has denied changing its pricing methods, arguing that its fully-automated booking system was simply responding to a ...
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