SmugMug acquires Flickr from Yahoo, says ‘the future is bright’
Photo-sharing site SmugMug has acquired fellow photo-sharing site Flickr from Yahoo (Oath Inc.) for an undisclosed sum. Don't worry, though -- Flickr isn't going anywhere, and may even finally receive the resources it's long deserved.
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The ZTE sanctions case represents a microcosm of the bigger challenges confronting U.S.-China relations. The Chinese telecom manufacturer is at the center of the latest face-off and provides three examples of how the outcome will affect the international business landscape of the future.
British oil giant BP Plc plans to cut 3 percent of jobs in its exploration and production as part of a restructuring of its upstream operations to make the division more efficient and flexible, The Financial Times reported on Tuesday.