Technology, Media & Telecommunications Headlines

Wed, Oct 22 2014

PRESS DIGEST- British Business - Oct 23

Oct 23 - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

Stocks, M&A, Markets, Media 22 Oct 2014

UPDATE 1-Microsoft looks set to drop Nokia name from smartphones

SEATTLE, Oct 22 - Microsoft Corp looks set to ditch the Nokia name from its Lumia range of smartphones just months after buying the Finnish company's handset business.

UPDATE 1-Angie's List adds fewer members; shares plunge

Oct 22 - Angie's List Inc, which operates a website that allows users to review local businesses, reported a bigger-than- expected quarterly loss as it added fewer paid members.

U.S. FCC pauses review of AT&T-DirecTV, Comcast-TWC mergers

WASHINGTON, Oct 22 - U.S. Federal Communications Commission on Wednesday paused its reviews of proposed mergers between AT&T Inc and DirecTV and Comcast Corp and Time Warner Cable Inc over the issue of confidential programming agreements.

UPDATE 1-Telekom Austria to get Telekom Slovenije Macedonia unit

* Telekom Austria gets 55 pct of venture, Telekom Slovenije 45 pct

UPDATE 1-EMC to buy much of Cisco's stake in joint venture VCE

Oct 22 - Data storage products maker EMC Corp said it will buy much of Cisco System Inc's stake in their joint venture VCE for an undisclosed sum.

Deals of the day- Mergers and acquisitions

Oct 22 - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Wednesday:

UPDATE 1-Lufthansa close to deal with IBM for IT infrastructure unit

* Lufthansa shares rise 2.6 percent (Adds background on restructuring, shares, comment from Lufthansa Systems)

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Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.