Robert Cyran, U.S. tech columnist, joined Breakingviews in London in 2003 and moved four years later to New York, where he continues to cover global technology, pharmaceuticals and special situations. Robert began his career at Forbes magazine, where he assisted in the startup of the international version of the magazine. Before working at Breakingviews he worked as a market researcher and reporter covering the pharmaceutical industry. Robert has a Masters degree in economics from Birmingham University and an undergraduate degree from George Washington University.
Michael Dell’s dealings have left investors mistrustful and owning bits of three overlapping listed firms. Having one, the $58 bln VMware, buy another, Pivotal Software, simplifies things at a reasonable price. The lack of direct benefit for Dell himself may be a selling point.
The shared-office provider’s prospectus displays a convoluted ownership structure, reams of related-party transactions, conflicts and absurd estimates of addressable markets, topped out with inspirational gibberish. What’s simple, however, is its continued massive cash burn.
The wireless giant’s bet on internet advertising never made sense. The sad trajectory of high profile, low revenue Tumblr illustrates the divide. The site’s sale carries an embarrassing price tag. That’s another wake up call for Verizon to pull the plug on AOL and Yahoo.