Yahoo has appointed four directors nominated by the New York based hedge fund Starboard Value, apparently bowing down to the latter’s strong demand. However, the move offers Yahoo the opportunity to explore more options in its core asset selling process. Through this appointment, Yahoo tries to exhibit its keenness in selling assets of the struggling internet company.
The Ski Association of Japan banned two of their teenage snowboarders who allegedly used marijuana. One of them admitted doing so while the other denied it although there are traces of marijuana found on their hair. The two unnamed minors are removed from the 2018 Pyeongchang Winter Games in South Korea and it is uncertain if they will get to still participate. The incident led to the resignation of Fumikazu Hagiwara’s resignation taking the responsibility.
The Greek Prime Minister has requested the EU Council President for an EU leaders’ summit. However, his request has been overturned by the euro-zone President since Greece has failed to reach a bailout deal with its creditors till date. The organization chief cites the necessity for reaching an agreement prior to setting up a schedule for a summit of the European leaders.
US company Bounce Exchange filed a second lawsuit against its London-based rival. Bounce sued Yieldify in New York and Texas district court for the allegation of copying its code.
