Monday, May 15, 2017

Atlantia Makes $17.8 Billion Bid for Spain's Abertis

Italian infrastructure group Atlantia said it has launched a cash-and-share offer for Abertis, in a transaction valuing the Spanish company at $17.8 billion that could potentially create the world’s biggest toll-road operator.

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Old Containers Find Out-of-the-Box Second Lives

Architects, designers and builders are discovering that shipping containers, the workhorses of freight transportation, aren’t just for hauling cargo.

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Cyberattack Spreads, Though at Slower Pace

Governments and companies reported more infected computers stemming from Friday’s global cyber attack, though fresh fallout appeared limited so far early Monday after IT departments around the world kicked off a fourth day trying to determine the scope of damage and recover from it.

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Vodacom to Buy 35% Stake in Kenya's Safaricom From Vodafone

Vodacom, South Africa’s largest mobile operator by subscribers, is buying a 35% stake in Kenya’s Safaricom in the hope of popularizing the highly-touted East African mobile money service M-Pesa across the broader continent. The $2.59 billion deal is a reshuffling of the pack for Vodafone, which has big stakes in both companies, in Africa.

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Sunday, May 14, 2017

Western Digital Takes Toshiba to Arbitration Over Joint Unit

Western Digital Corp. ratcheted up the pressure in its dispute with Toshiba Corp., filing a request for binding arbitration to prevent the company from selling its stake in operations jointly owned by the two companies.

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Alphabet's Waymo, Lyft to Collaborate on Self-Driving Cars

Ride-hailing startup Lyft and Waymo, the driverless car division of Google parent Alphabet, said they would work together to develop autonomous vehicle technology, dealing another potential blow to rival Uber Technologies Inc.’s ambitions.

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Microsoft Complains State Hacking Tools Fuel Cyberattack Risks

Microsoft said that the software tool used in the global cyber assault that began Friday came from code stolen from the U.S. National Security Agency, adding that the attack should serve as a wake-up call for governments over the risks of hoarding such digital weapons for use against their enemies.

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