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Vivendi to book 4.2 billion euro pre-tax gain on GVT sale

PARIS - French media group Vivendi said on Friday it would book a 4.2 billion euro ($4.6 billion) pre-tax gain from the sale of Brazilian telecommunications company GVT, which would help it pay interim dividends.

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Exclusive: Equinix nears deal for Telecity - sources

- U.S. data center company Equinix Inc is nearing a deal to acquire British peer Telecity Group Plc, according to people familiar with the matter, in a tie-up that would create the largest data center player in Europe.

Deals 28 May 2015

Exclusive: FCC poised to side with Verizon, AT&T in airwaves spat

WASHINGTON - U.S. telecoms regulators are leaning toward rejecting a T-Mobile U.S. Inc request that more airwaves be set aside for smaller wireless companies like itself to bid on during a government auction next year, according to people familiar with the matter.

28 May 2015

Google shows off virtual reality collaboration with GoPro

SAN FRANCISCO - Action camera maker GoPro Inc and Google Inc introduced a virtual reality system using 16 cameras and Google software, sending GoPro shares up nearly 7 percent on Thursday.

28 May 2015

Avago to buy Broadcom for $37 billion in biggest-ever chip deal

- Avago Technologies Ltd agreed on Thursday to buy Broadcom Corp for $37 billion in the largest merger of chipmakers ever, turning a lesser known company run by a ferocious dealmaker into one of the biggest industry players. | Video

Deals, 28 May 2015

GameStop profit beats on higher sales of Mortal Kombat X

- GameStop Corp, the world's largest retailer of video game products, reported better-than-expected profit and revenue, helped by strong sales of new releases such as "Mortal Kombat X" and "Evolve" and an increase in mobile game downloads. | Video

28 May 2015