Preliminary bids for Yahoo’s core assets set to close by April 11

As per the WSJ with April 11 set as a deadline for the preliminary bids, Yahoo is likely to finalise the deal by June or July this year. Citing sources, the Wall Street Journal has reported that Yahoo Inc has set April 11 as a deadline for submitting preliminary bids for its web business and…

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Spotify piles up $1 billion in debt to fuel expansion

It will be in Spotify’s interest to go public within a year. In a deal that has been labeled by onlookers as “devilish” and “strict”, Spotify has raised $1 billion through convertible bonds, rather than the more traditional equity funding round. The new debt comes attached with some rather restrictive terms related to Spotify going…

Korean researchers figure out a way to sniff E-coli in food

The technique even works when the food is packed with a cellophane. In order to scientifically determine the amount of creepy crawlies strolling around your leftovers, scientists have developed a sniff test that will tell you exactly that. Researchers from the Korea Advanced Institutes of Science and Technology are using lasers to determine the quantum of…

AT&T removes data caps with a catch

Be prepared to ditch your good old TV set. Although AT&T has capped data transfers on its internet services for years, they could come off with a catch: you have got to be fiercely loyal to the company. From May 23 onwards, the telecom giant is re-introducing unlimited data transfers free of charge. The catch…

Amazon stops the sale of shoddy USB-C cables

Amazon has banned any USB-C cable that does not comply to specifications issued by ‘USB Implementers Forum Inc.’ However, if you buy one with a shoddy make do report it so that it is no more sold on Amazon.com A Google engineer’s quest to test the USB-C cables sold on Amazon resulted in a surprise…