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Xerox Corp will split into two companies, one holding its legacy printer operations and the other its business process outsourcing unit, it said on Friday, in a bid to be more nimble after years of trying to integrate the businesses. Activist investor Carl Icahn, who first revealed a stake in Xerox in November, will get three board seats on the outsourcing company. Xerox Chief Executive Officer Ursula Burns said in an interview on Friday that the strategic review had been underway before Icahn publicly revealed he had bought Xerox shares.

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Toyota Motor Corp said on Friday it will set up a research and development company with a focus on artificial intelligence in Silicon Valley, as competition to develop self-driving cars intensifies. The world's top-selling automaker plans to invest $1 billion in R&D over the next five years in a departure from its cautious stance on automated drive. “I used to say, quite until recently, that we will go ahead with automated drive only if they beat humans in a 24-hour car race,” Toyota President Akio Toyoda told a news conference.

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British broadband provider TalkTalk said on Saturday it did not believe the authors of a cyber attack against it this week would be able to steal money from its customers. The firm said on Friday it had received a ransom demand from an unidentified party claiming responsibility for the cyber attack that may have led to the theft of personal data from its more than 4 million customers. “It is a smaller attack than we had originally thought,” Chief Executive Dido Harding told Sky News.

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The announcement by FCA US LLC, formerly Chrysler Group LLC, comes more than a month after the company recalled about 1.4 million vehicles in the United States for the software update. FCA said on Friday that it was unaware of any injuries related to software exploitation. The recalled vehicles include 2015 Jeep Renegade SUVs equipped with 6.5-inch touchscreens.

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Uber Technologies will suspend its UberPOP ride-hailing service in France, the U.S. company said on Friday, after it faced often-violent protests and local authorities denounced it as an illegal taxi service. After fierce protests last week by licensed French taxi drivers who argue it threatens their livelihood with unfair competition, France took two executives from California-based Uber into custody and said they will face trial in September. France's legal clampdown was the latest setback for Uber in Europe.

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French media group Vivendi said on Friday it would book a 4.2 billion euro ($4.6 billion) pre-tax gain from the sale of Brazilian telecommunications company GVT, which would help it pay interim dividends. The company said it had also received a 12 percent stake in Telefonica Brazil's Vivo and would exchange 4.5 percent for 8.3 percent of Telecom Italia's ordinary shares in the coming weeks. “The closing of the sale of GVT and of the 20 percent interest in Numericable-SFR enables the Vivendi management board, in accordance with its commitment, to authorize in principle the payment of two interim ordinary dividends, each in the amount of 1 euro per share, in respect of 2015,” Vivendi said in a statement.

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(Reuters) – Canadian smartphone maker BlackBerry Ltd is cutting jobs across the world, the company said on Friday, as it consolidates its software, hardware and applications business. BlackBerry, which reported a 16.8 percent fall in quarterly revenue in March, had about 6,225 full-time employees as of Feb. 2015, according to its website. The company is reallocating resources to capitalize on growth opportunities and achieve profitability across all its business segments, a company spokeswoman said in an e-mailed statement.