Technology, Media & Telecommunications Headlines

INDIA PRESS-Flipkart to buy into Jeeves in home appliances push - Mint

Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Derek Francis in Bangalore)

Technology, M&A, Markets 11:01pm EDT

Yahoo CEO Marissa Mayer parries activist investor attacks

SAN FRANCISCO, Oct 21 - Yahoo Inc's CEO is trying to steer investor focus away from the tech company's stagnant revenue and toward achievements and growth prospects that have been flying below the radar.

EMC to acquire much of Cisco's stake in joint venture VCE -Bloomberg

Oct 22 - Data storage products maker EMC Corp is buying much of Cisco System Inc's stake in their joint venture VCE, Bloomberg said, citing people with knowledge of the matter.

UPDATE 2-VMware forecasts weak 4th-qtr revenue, shares fall

(Adds forecast, analyst and executive comments; updates shares)

Deals of the day- Mergers and acquisitions

(Adds Chiquita, Royal Dutch Shell, Siemens, Amgen, Honeywell and Abraaj Group)

Mexico telecom watchdog: America Movil has not filed asset-sale plan

MEXICO CITY, Oct 21 - Mexico's telecommunications regulator has not yet received a plan from Carlos Slim's America Movil that would lay out how the company will sell assets to reduce its market share, the watchdog's president said on Tuesday.

Verizon CFO says not interested in America Movil assets -WSJ

WASHINGTON, Oct 21 - Verizon Communications has no interest in acquiring assets being sold by Latin America's biggest telecommunications company, America Movil , Verizon's chief financial officer told the Wall Street Journal on Tuesday.

Yahoo in talks to buy ad service BrightRoll - TechCrunch

Oct 21 - Online search and advertising company Yahoo Inc is in talks to buy digital video advertising service provider BrightRoll for around $700 million, tech blog TechCrunch reported.

Smartphone repair company B2X steps up expansion with Indian deal

FRANKFURT, Oct 21 - Smartphone users won't recognise the name B2X, but if your battery dies or your screen breaks, the odds are that the company will be working behind the scenes when you seek a repair.

Bertelsmann to buy Relias Learning from Vista Equity

SAN FRANCISCO/MUNICH, Oct 21 - Europe's largest media group, Bertelsmann SE & Co KGaA, said on Tuesday it had struck a deal to acquire Relias Learning from buyout firm Vista Equity Partners, in what is the company's biggest push yet into educational software.

Photo

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.