Huawei might sell its Honor smartphone business to a few potential bidders as it shifts its focus from its mid-range handsets to its high-end mobile devices. The deal could amount to 25 billion yuan.
Divestment RSS
Verizon is reportedly looking to sell micro-blogging site Tumblr as it struggles to improve the finances of its Oath family of media properties, which comprise Yahoo and AOL. No deal is in sight yet.
