Deals
Yahoo Still Hanging On To Verizon Deal With Rising Traffics
It will probably be tough for Verizon Communications once it decides to pursue the negotiation of its $4.8 billion deal to purchase Yahoo’s internet operations after reports that the company has redeemed its traffic.
Labour and Plaid Cymru strike a deal for Welsh Budget
The finance secretary disclosed £15bn spending plans. However, it was opposed for some reasons. Dwyfor Meirionnydd AM quit the party, claiming Plaid was not "serious" about working with Labour. Thus, the budget deal was dismissed by a Welsh Conservative.
$100 Billion SoftBank Tech Fund to Invest With Saudis
Softbank Group Corp. has declared its alliance with Saudi Arabia. Japan's Softbank was happy to have Saudi as its partner in a multibillion investment. The biggest bet ever.
$500M Quark Venture life sciences fund in Canada
Quark Venture partners GF Securities of China. The two companies agrees to collaborate and to operate in Canada. They will solely focus in life sciences and biotechnology.