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Business daily

Yahoo to cut 15% of its workforce

Yahoo! is to cut 15% of its workforce, or more than 1,000 jobs, as it continues to overhaul its operations. Chief Executive Marissa Mayer also acknowledged the company would examine offers for its core internet business, after it failed to spin off its stake in Alibaba last year. Also today, drivers for car services like Uber are set to stage a protest over new regulations in France.

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