Telefónica agrees with Vivendi to buy GVT for $9.3 billion
Spanish telecoms giant Telefónica has agreed a cash-and-stock deal with France’s Vivendi to buy its Brazilian arm GVT for $9.3 billion (€7.24 billion), thus...
Boeing-Lockheed venture invests in rocket engine with Bezos firm
The Boeing Co and Lockheed Matin Corp joint venture, United Launch Alliance (ULA), stated that it will be investing in a new rocket engine,...
China may have to wait for the iPhone 6
Apple’s newest iPhone 6 may not sell in China for a quite a while, according to reports that claim Apple has not come to...
NASA to spend billions on revolutionary space taxis
Boeing and SpaceX have both been contracted by NASA to develop commercial space taxis, which are capable of transporting astronauts back and forth from...
Orange Jazztel acquisition offer worth 3.4 billion euros
An Orange Jazztel takeover offer worth €3.4 billion ($4.4 billion) has been announced by the French mobile network operator. The all-cash bid for the...
Cognizant TriZetto takeover deal worth $2.7 billion agreed
A Cognizant Trizetto takeover deal for $2.7 billion in cash has been agreed by the two companies. The New Jersey-based multinational information technology, consulting...
Phones 4U closes 550 shops
Phones 4U closes 550 shops out of 720 outlets and goes into administration after EE decided not to renew its contract, which ends on...
eBay mobile ads coming back
Two years after deciding they needed improvement, eBay mobile ads are coming back for tablets and smartphones, the e-commerce consumer-to-consumer giant announced. It plans...
Rakuten buys Ebates
Japanese e-commerce and Internet company Rakuten buys Ebates in a $1 billion all-cash deal. Rakuten says it will hold 100% of Ebates outstanding voting...
Alibaba’s 24 billion dollar IPO target
Alibaba’s 24 billion dollar IPO target would be the most ever raised in a stock market debut, dwarfing Facebook’s $16 billion initial public offering...