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Rollback of U.S. spy powers would mark post-9/11 watershed

WASHINGTON - At 3:59 p.m. EDT on Sunday, the National Security Agency and telecommunications companies will begin mothballing a once-secret system that collected Americans' bulk telephone records, shutting down computers and sealing off warehouses of digital data.

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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.

Deals 29 May 2015

Cypress ups ISSI buyout offer to $20.25 per share, beats Uphill deal

- Cypress Semiconductor Corp raised its offer to buy Integrated Silicon Solution Inc to $20.25 per share, beating Uphill Investment Co's increased offer made earlier on Friday.

Deals, 29 May 2015

Airbus Group starts $150 million venture fund, Silicon Valley base

PARIS - Airbus Group announced the creation of a $150 million venture capital fund and said it had hired a Google executive to run a new center in Silicon Valley as it seeks to wave a digital wand over its heavy-manufacturing culture.

29 May 2015

TCV seeks to sell stake in marketing firm Merkle: sources

- Technology Crossover Ventures (TCV) is exploring a sale of its minority stake in Merkle Inc, in a deal that could value the fast-growing marketing technology company at more than $1 billion, according to people familiar with the matter.

Deals 29 May 2015

Intel close to deal to buy Altera for $16 billion: sources

- Intel Corp has resumed negotiations to buy smaller chip maker Altera Corp and is close to a $16 billion acquisition agreement, people familiar with the matter said on Friday. | Video

Deals, 29 May 2015