Technology, Media & Telecommunications Headlines

Mexico's Televisa seeks to acquire control of cable firm

MEXICO CITY - Mexico's top broadcaster Televisa on Thursday said it paid 7 billion pesos ($545 million) in seeking to acquire a controlling stake in Mexican cable company Cablecom.

Macy, Penney to wrap up trial on Martha Stewart home goods dispute

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NEW YORK - A New York state judge could decide as soon as Thursday whether J.C. Penney Co Inc can sell certain Martha Stewart-branded home goods despite rival Macy's Inc's exclusive deal with the doyenne of U.S. home decor.

Finmeccanica says still talking on asset sales

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MILAN - Italy's Finmeccanica is still in talks to sell non-core assets, likely to include transport and energy businesses, despite long delays that have frustrated investors and prompted credit rating downgrades, its chief executive said on Thursday.

Generali will "certainly exit" Telecom Italia in future: CEO

MILAN - Assicurazioni Generali will exit its investment in Telecom Italia , though it will do so at the right conditions, the insurer's CEO Mario Greco said on Thursday.

Wed, Jul 31 2013

Some Dell swing shareholders ready to compromise: sources

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NEW YORK - Some of Dell Inc's largest investors who have abstained from voting on a $24.4 billion bid led by founder Michael Dell to take the No. 3 PC-maker private told the company's board this week that they would back the deal at the buyout group's latest offer price, three sources close to the matter said.

Dell's buyout teeters as it rejects voting change

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NEW YORK - Michael Dell's and Silver Lake's $24.4 billion bid to take Dell Inc private suffered a blow on Wednesday after the company's special committee rejected their request to change the voting rules in exchange for them offering $150 million more. | Video

Siemens to book 400 million euro gain from NSN stake sale: new CEO

FRANKFURT - German engineering group Siemens' will book a one-time gain of about 400 million euros ($530 million) from the sale of its stake in Nokia Siemens Networks in its current financial year, its designated chief executive said.

ZestFinance raises $20 million from Thiel Capital

SAN FRANCISCO - ZestFinance, a company that licenses out its technology to minimize the risks in making loans, is getting a cash infusion from an entrepreneur who figured out how to make money transfers on the Internet: PayPal's Peter Thiel.

Tue, Jul 30 2013

Alcatel CEO says Qualcomm deal may lead to others

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PARIS - Alcatel Lucent's joint venture with Qualcomm could be the first of several deals aimed at boosting the French telecom-equipment maker's footprint in fast-growing technologies, Alcatel's chief executive said on Tuesday.

Alcatel posts strong second-quarter, signs Qualcomm partnership

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PARIS - Struggling telecom equipment maker Alcatel-Lucent surfed on strong growth in its key U.S. market to beat analysts' estimates and said mobile chip maker Qualcomm would buy a minority stake as part of a research partnership.

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McCain, Biden coming together for Sedona, Arizona forum

These days Washington is not known for bipartisanship, but every now and then a breakthrough is made. It is noteworthy that Vice President Joe Biden, a Democrat, and Senator John McCain, a Republican, are appearing together at a forum in Sedona, Arizona on Friday.