Business

In an open statement published online, Mozilla Chairwoman Mitchell Baker apologized on behalf of the company after the appointment of Mozilla co-founder Brendan Eich as CEO has been marred with his support for Proposition 8, The Associated Press said.

Activist shareholder Colette Neuville claimed that the sale of Vivendi SA' SFR phone business to Altice SA was opaque in nature, and had requested recently for a bailiff to retrieve documents pertaining to the sale.

Bloomberg said that online novelty retailer Brookstone Inc filed for bankruptcy protection in order to proceed with their plans to sell the company to another retailer, Spencer Spirit Holdings Inc, for $147 million.