Matthew Garrahan and Tim Bradshaw in a big scoop for the Financial Times:

Apple has approached McLaren Technology Group, the British supercar engineer and Formula One team owner, about a potential acquisition, in the clearest sign yet that the iPhone maker is seeking to transform the automotive industry.

The California technology group, which has been working on a self-driving electric vehicle for more than two years, is considering a full takeover of McLaren or a strategic investment, according to three people briefed on the negotiations who said talks started several months ago.

This sounds insane. But then again, so did FT’s scoop about Apple buying Beats for $3.2 Billion. Almost everyone I remember went something like, “Why would Apple buy Beats!?”

Michael Zhang from PetaPixel referencing a WSJ report:

[…] Yahoo sent out letters to potential buyers in recent days, asking that they submit bids over the next two weeks for Yahoo’s businesses and holdings.

There are reportedly about 40 companies interested in snatching up part or all of Yahoo. Potential buyers include Verizon, Time, Microsoft, IAC/InterActiveCorp, private equity firms, and more. Yahoo originally acquired Flickr back in 2005 for around $25 million.

Yahoo has completely botched Flickr in recent times. They’ve made some crazy stupid decisions in the past, including making the Desktop Auto Uploadr a Pro feature.

sigh

Baiju Kalesh & Deepali Gupta, reporting for The Economic Times:

Vodafone India has signed a pact to buy YOU Broadband for around Rs 400 crore and has sought approval from the Foreign Investment Promotion Board, said two people familiar with the transaction.

YOU Broadband has been an interesting ISP available in Mumbai, but they’ve stayed away from my area for years now, with no immediate plans to lay fibre here anytime soon.

I don’t expect Vodafone to change that either.