Author Archives: Scalper1

Apple Car closer as apple.car domain name registered?

Apple (AAPL), thought to be developing an electric autonomous car in its Project Titan, now has registration papers. That is, it has registered top-level domain names for apple.car, apple.cars and apple.auto, as noted by MacRumors Friday. There’s also a backstory that ties to Google’s restructuring as Alphabet (GOOGL). And Alphabet.car also shows up as registered. Web addresses like Apple’s new ones work the same basic way as apple.com, just with

Mylan, Momenta Team Up To Develop Biosimilar Drugs

Generic-drug giant Mylan (MYL) agreed to develop six biosimilar drugs with biotech Momenta Pharmaceuticals (MNTA) Friday while also announcing the retirement of its CFO. Momenta got an upgrade as a result. Mylan agreed to pay $45 million upfront plus up to $200 million in milestone payments should the candidates be successful, in exchange for commercialization rights. Momenta has the option to “co-commercialize in a supporting commercial role, any

Yahoo Considering Sale Of Main Business: Report

Yahoo (YHOO) stock spiked Friday following a Bloomberg report that the Web portal is considering an outright sale of its main Internet business. Yahoo hasn’t made any final decisions and hasn’t hired a bank to run an official process or contacted potential buyers, Bloomberg said. The shift in thinking comes as the company’s leaders decide they need a new plan in light of an expected proxy fight by activist investor Starboard Value, according to