Business Archive

The Internet darling valued at $100 billion in 2001 when it merged with Time Warner is for sale by Apollo Global Management for about 1 percent of that. Italy’s Bending Spoons is said to be interested, owner of WeTransfer, Evernote, Komoot, and Vimeo.

That’s according to a report from Semafor, which says the discussions are still at an “early stage.” Intel doesn’t have the technology to support AMD’s most advanced processors, which are mostly produced by the Taiwan-based TSMC, Semafor reports.