Digital Mapping Firm Here Wants New Investor by Year-End

Digital Mapping Firm Here Wants New Investor by Year-End

Digital maps company Here, controlled by German carmakers BMW, Daimler and Volkswagen, aims to find a new investor by the end of the year, Here chief Edzard Overbeek told a German newspaper. “The carmakers want to open the circle of...
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NOW Music+ Streaming Service Launched by Sony, Universal

NOW Music+ Streaming Service Launched by Sony, Universal

Two major record labels are rolling out a low-priced music streaming service in the United Kingdom, a rare foray by record companies directly into the field and another sign the industry is finally moving towards more flexible pricing. Now That’s...
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Intel to Spin Out McAfee Unit, Sell Stake in Business to TPG

Intel to Spin Out McAfee Unit, Sell Stake in Business to TPG

Intel Corp said it would spin out its cyber security division, formerly known as McAfee, and sell a majority stake in it to investment firm TPG for $3.1 billion in cash. TPG will own 51 percent of the new entity,...
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