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Silver Peak to explore $1bn sale

Bloomberg Silver Peak Systems Inc., a networking company backed by venture capital firms Greylock Partners and TCV, is exploring a potential sale that could value it around $1 billion, according to people familiar with the matter. The Santa Clara, California-based company is working with a financial adviser, the people said, asking not to be named because the matter is private. ...

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Google to restrict ads for tracking tech, spyware

Bloomberg Alphabet Inc.’s Google is changing its policies next month to restrict advertising for spyware and other unauthorized tracking technology. The change “will prohibit the promotion of products or services that are marketed or targeted with the express purpose of tracking or monitoring another person or their activities without their authorisation,” according to the company. While ads for these products ...

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Travelodge hotels under threat from rivals

Bloomberg The landlords of as many as 40 Travelodge hotels are planning to replace them with a serviced apartment operator following a bitter row with the budget hotel chain over rent cuts, according to the Daily Telegraph. Various unnamed landlords are in discussions with Room2, which wants to launch a low-cost version of its “hometel” concept, which combines serviced apartments ...

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