Uber admitted in February that it was losing around $1bn per year in the country amid fierce competition
The company is now far more than just a social network and has blown Wall Street away with its latest results. But should we be concerned about its growing power?
Mr McAdam aims for the company to lead on digital video, sports, finance and news
Yahoo! may still be undervalued on a sum-of-the-parts basis, if Alibaba is interested in a deal
The huge database is one of the biggest ever discovered
Yahoo has been looking for a buyer for its core business since February
The company is under intense pressure to revive its revenue growth and shareholders are calling for a change in leadership
Yahoo is still one of the great survivors of the internet age. But for how much longer? What began life in a Stanford University dorm as “Jerry and David’s Guide to the World Wide Web” has been around for 22 years – in internet terms roughly the geological equivalent of the early Jurassic – and is now living on borrowed time. For it to have any chance of survival, shareholders should bite the bullet and give in to demands from the activist investor Starboard Value.
Struggling internet giant's chief executive says move is part of 'a strategic plan'
Technology has the potential to change the lives of older people. Grow up, says Kevin Maney
Mark Zuckerberg to donate 99% of Facebook stock to charity; Volkswagen sees 25% US sales drop compared with 2014 after scandal; Banknote printer De La Rue to cut production
Regulators to report on HBOS failings; Royal Mail profits are down; Pfizer in near agreement to buy allergan in biggest deal
Davos has kicked off with a controversial warning from BT chief executive Gavin Patterson that telecoms customers cannot expect total privacy.
Decision comes just 15 months after she poached him from rival Google
Fire officers say no serious injuries have been reported
Series of announcements by CEO Marissa Mayer strengthen Yahoo's focus on mobile products and creation of media content