NEW YORK Verizon Communications Inc said on Monday it would buy Yahoo Inc's core internet properties for $4.83 billion in cash, marking the end of the line for a storied Web pioneer and setting the stage for a big new internet push by the telecom giant.
CHICAGO A prominent Illinois Republican has resigned from the state legislature, citing multiple incidents of fake Facebook and Twitter accounts set up in his name in recent weeks.
NEW YORK A federal judge on Monday banned Uber Technologies Inc and its Chief Executive Travis Kalanick from using information from a background check on a passenger bringing a price-fixing lawsuit, saying the investigative firm conducting the probe may have engaged in criminal conduct.
TOKYO Shares in Nintendo Co tumbled as much as 18 percent on Monday after the company said Pokemon GO would have a limited impact on its earnings - their biggest setback so far after a huge run-up on the smash-hit game.
SAN FRANCISCO Software startup Zenefits must pay the state of Tennessee $62,500 for violating insurance requirements, state officials said on Monday, marking the first settlement with regulators as the scandal-hit company seeks to redeem itself after revelations it had flouted the law.
TAIPEI SoftBank Corp's human-like robot Pepper will be rolled out in Taiwan later this year with about 100 rented units making their appearance in some banks and Carrefour SA shops, executives handling Pepper's sales in the island said on Monday.
Sprint Corp reported better-than-expected first-quarter revenue as big discounts attracted more postpaid subscribers, and the No. 4 U.S. wireless carrier said it expected to be cash flow positive next fiscal year after breaking even this year.
RIO DE JANEIRO The judge overseeing the probe that led to the arrest last week of suspected Islamist militants in Brazil said Facebook Inc. and Twitter Inc. co-operated with investigators by providing information about the suspects' use of both social networks.
BANGKOK Thai student protesters will use social media tools, from Facebook to Japanese messaging app Line, to persuade voters to reject a military-backed draft constitution, some of the activists said on Monday.
STOCKHOLM Swedish mobile telecoms gear maker Ericsson jettisoned its chief executive Hans Vestberg on Monday after pressure from major shareholders unhappy with its results.
Mega-donors gave millions to back the White House candidates of their choice. It didn't go quite as planned.