Yahoo chief executive Marissa Mayer: Activist investors have pressed Yahoo to sell its core business rather than spin it off, even though a sale would likely incur more taxes.

Yahoo set to axe 1600 jobs

Yahoo chief executive Marissa Mayer is set to reveal cost-cutting plans that include slashing 15 per cent of its workforce, about 1600 jobs.

Oracle CEO tips M&A boom

Oracle chief executive Mark Hurd has tipped a year of M&A; in the tech sector and laid the boot into German rivals SAP.