Tag: Vivendi

PARIS (Reuters) – Police raided the headquarters of French media giant Vivendi on Thursday as part of an investigation into alleged market abuse involving its purchase of a stake in Italian TV group Mediaset, Vivendi said. The offices of French bank Natixis in Paris were also being searched, an Italian source with direct knowledge of […]

PARIS (Reuters) – French media giant Vivendi said on Monday it has no “de facto control” over Telecom Italia under Italian law. Acknowledging “de facto control” over Telecom Italia would compel Vivendi to consolidate its accounts, including an adjusted net financial debt of 25 billion euros ($29.6 billion). Vivendi’s statement, albeit technical in its wording, […]

News highlights for 25 July 2017 Traffic acquisition at Google jumps 28% Google-parent Alphabet, which has enjoyed revenue growth rate of over 20 percent for the past five quarters, said on Monday that TAC, or traffic acquisition costs, jumped 28 percent to $5.09 billion in the second quarter. Read more… ABC in social video partnership […]

News highlights for 30 May Amazon hits $1,000 a share, underscores massive tech rally NEW YORK (Reuters) – Amazon.com on Tuesday became the second of the current S&P 500 components to hit the $1,000 price mark, beating Google parent Alphabet to the punch and underscoring a massive rally in large-cap technology-related stocks. Read more… Android […]

News highlights for 18 April Facebook tries for the lead in augmented reality SAN JOSE, Calif. (Reuters) – Facebook Inc is trying to seize on the technology known as augmented reality, a mix of the real and digital worlds best known from the hit smartphone game Pokemon Go, Chief Executive Mark Zuckerberg said on Tuesday. […]

News highlights for 28 March Tencent buys into Tesla – and the US DETROIT (Reuters) – China’s Tencent Holdings Ltd has bought a 5 percent stake in U.S. electric car maker Tesla Inc for $1.78 billion, the latest investment by a Chinese internet company in the potentially lucrative market for self-driving vehicles and related services. […]
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