PRESS DIGEST- Financial Times - Aug 17
Aug 17 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Headlines
* Univision set to purchase Gawker Media for $135 mln http://on.ft.com/2bEEws1
* Ford plans mass-market self-driving car by 2021 http://on.ft.com/2bEE5hc
* Barnes & Noble ousts CEO Boire http://on.ft.com/2bEF1Cn
* BT slams rivals' 'Fix Britain's Internet' campaign as misleading http://on.ft.com/2bEEr7K
Overview
- Univision is buying Gawker Media for $135 million and offer from Univision represents a 50 percent premium to the initial $90 million bid by Ziff Davis, its main competition in the auction.
- Ford says it would build a fully self-driving car by the year 2021. The car will have no steering wheel or pedals and will be used in the driverless taxi services.
- Barnes & Noble has fired its CEO, Ron Boire, after the bookseller said the board determined that Boire "was not a good fit for the organization"
- BT CEO Gavin Patterson wrote to rival broadband providers Sky, Vodafone and TalkTalk to say that their 'Fix Britain's Internet' campaign is misleading consumers and "talking down" Britain.
(Compiled by Sangameswaran S in Bengaluru; Editing by Sandra Maler)