Ailing Yahoo is selling off its operating business for $4.8 billion to Verizon Communications in a cash deal that will reduce the storied tech firm to mainly holding its cash, stakes in Alibaba and Yahoo Japan and non-core patents.
Donald Trump, the Republican presidential nominee, has antagonized much of the tech industry by opposing free trade and immigration but has otherwise nearly ignored the vital segment of the nation's economy, critics say.
U.S. Rep. Bill Pascrell (D-N.J.) introduced an H-1B reform bill that, he said, has little chance of being enacted this year. He said he proposed the bill to make the case for reform of the controversial visa.
Since the release of the iPhone, ARM's chip designs have driven a mobile revolution. The small chip company has kept giants like Intel on their knees, and now it's on the verge of being acquired by Softbank for a stunning $32 billion....