(Reuters) – Google parent Alphabet Inc said Amit Singhal, the longtime chief of its Internet search business, will leave the company and be replaced by the head of the technology giant’s artificial intelligence business.
(Reuters) – Cisco Systems Inc said on Wednesday it was buying Jasper Technologies Inc, a startup that connects devices like cars and medical devices to the Internet, for $1.4 billion in cash and equity awards, its largest acquisition since 2013.
(Reuters) – Activist investor Starboard Value LP disclosed a stake of about 7 percent in Marvell Technology Group on Wednesday, saying the U.S. chipmaker’s shares were “undervalued”.
(Reuters) – The CEO of a U.S. mall operator who said this week that Amazon.com Inc plans to open up to 400 physical bookstores attempted to downplay his comments on Wednesday, without specifically denying them, saying they were “not intended” to represent the online retailer’s plans.