Axios

Yahoo and AOL will be merged into a new division called "Oath" once the Verizon deal closes, per sources who spoke to Business Insider.

The $4.83 billion deal, first announced in July 2016, is expected to close in the second quarter of 2017. An AOL spokesperson hinted to Business Insider that the new Yahoo-AOL division will be launching this summer: "In the summer of 2017, you can bet we will be launching one of the most disruptive brand companies in digital."

Anthony Levandowski, the former Alphabet engineer at the center of an IP theft lawsuit against Uber, was secretly affiliated with competing self-driving car startups while working at Alphabet, according to October arbitration demand documents that were just made public.

Mark Rosekind, the former head of the U.S. National Highway Traffic Safety Administration, has joined Zoox, a secretive Silicon Valley startup building a fully self-driving car, according to Reuters. He will be its chief safety innovation officer.

Zoox, which has raised more than $200 million in funding, will undoubtedly benefit from having Rosekind's expertise in transportation regulation given its lofty ambition of rolling out self-driving cars that won't even require passengers to pay attention.

NHTSA diaspora: Rosekind isn't the first former NHTSA regulator to join the auto industry—in January, the agency's chief counsel, Paul Hemmersbaugh, joined General Motors. Additionally, Hemmersbaugh's predecessor, Kevin Vincent, joined Faraday Future in 2015, while Alphabet's Waymo has hired several NHTSA officials as consultants or employees, according to Reuters.

A makeshift bomb filled with shrapnel detonated inside at least two subway trains in St. Petersburg, Russia's second-largest city, Monday afternoon. 14 people have been reported dead, and more than 50 people were injured. The Russian prosecutor general has called the St. Petersburg explosion a terrorist attack.

The blasts hit the Sennaya Ploschad and nearby Tekhnologichesky Institut stations, according to the Tass and Interfax agencies. All St. Petersburg subway trains were shut down following the attack, and security was been tightened at all critical transport facilities. The Russian anti-terrorism committee also said it found and deactivated another bomb at a different St. Petersburg subway station.

President Vladimir Putin was in St. Peterburg earlier today, where he met with his Belarusian counterpart Alexander Lukashenko. In a televised statement less than an hour after the explosion, Putin said that the government and law enforcement agencies "will do everything to find out the causes of what had happened." He also offered his condolences to the families of the victims. Trump later remarked that the explsion was a "Terrible. Terrible thing. Happening all over the world. Absolutely a terrible thing."

When it comes to picking companies, longtime venture capitalist Ann Winblad says the key is to find the one with not just the best business plan, but also the right values.

That holds true, she says, whether one is an investor weighing where to place their money or a new tech worker trying to figure out which company to join.

In an interview, Winblad weighed in on the resurgence of enterprise software companies, the opportunities and challenges for women in tech as well as on the corporate culture of companies such as Amazon and Uber.

Facebook is teaming up with several along with several journalism foundations and internet tech companies in an effort to improve online news literacy and increase trust in journalism. The News Integrity Initiative, a $14 million investment run by the CUNY's Tow-Knight Center for Entrepreneurial Journalism, will fund research and projects and convene meetings with industry experts. Besides Facebook, other funders include Mozilla, AppNexus, Betaworks, the Craig Newmark Philanthropic Fund, the Ford Foundation, the Democracy Fund, the John S. and James L. Knight Foundation and the Tow Foundation.

Why it matters: Since its fake news saga during the election, Facebook has taken numerous steps to prove it's serious about promoting good journalism. In taking these steps, Zuckerberg is positioning his tech company to become a global social infrastructure organization, a vision he laid out in a sweeping manifesto last month.

What's next: The Initiative has already signed on 19 contributing groups, ranging from PR firms Edelman and Weber Shandwick to schools like Arizona State University, that will host events around the world to promote news literacy. The initiative also aims to find additional funders and participants as it grows internationally.

U.S. tech giants Apple, Google and Amazon are all said to be interested in joining the bidding for Toshiba's memory chip unit. According to the Yomiuri Shimbun, the three tech firms are interested in entering the already crowded field of bidders.

Japan's Nikkei reported on Friday that Silver Lake Partners and Broadcom had teamed up on an $18 billion offer for the unit. Other potential bidders inlcude Western Digital, Micron Technology and SK Hynix.

Why it matters: While neither Apple, Google nor Amazon comes to mind when one thinks of players in memory chips, all have big needs for flash memory, either in consumer products like phones and tablets or for servers in data centers, or both.