percent stake

percent stake

Big Clearwire Holder Resists Sprint

allthingsd.com
Sprint Nextel Corp. is up to its neck in a merger fight, and it’s all about airwaves. Pay-TV provider Dish Network Corp. has offered $25.5 billion for the mobile-phone carrier, in a headline-grabbing attempt to break up Sprint’s agreement to be bought by SoftBank Corp. But Sprint is waging another...
Big Clearwire Holder Resists Sprint
SoftBank buys Sprint: everything you need to know about the $20.1 billion acquisition

BT planning to write off 2.6 percent stake in troubled OnLive

www.engadget.com
BT thinks that it's "highly likely" it'll let its 2.6 percent stake in OnLive go to the wall. It told TechRadar that it was keeping a "close eye" on the gaming venture which is restructuring in the face of spiraling debt costs. The telecoms provider has promised that its...
BT planning to write off 2.6 percent stake in troubled OnLive

SingTel continues acquisition spree by grabbing 35.5% stake in The Mobile Gamer for $1.5 million

thenextweb.com
Telecom group SingTel has acquired a 35.5 percent stake in The Mobile Gamer, a Singapore-based startup that creates, aggregates and distributes social video games for mobile devices. The shares were purchased by SingTel through its wholly-owned subsidiary SingTel Idea Factory from The Mobile Gamer’s founders. Worth $1.5 million, it is...
SingTel continues acquisition spree by grabbing 35.5% stake in The Mobile Gamer for $1.5 million

Mail.ru kills its Twitter killer, wants a bigger slice of VK

paidcontent.org
In January 2012, I reported how the big Russian portal operator Mail.ru was aping Chinese peers by launching its own microblog service. Whilst China’s Twitter clones have flourished, as it approaches its first anniversary, Mail.ru’s Futubra is to be closed. According to a message on the website: “Every day since launch,...
Mail.ru kills its Twitter killer, wants a bigger slice of VK

Time Warner Cable to Sell Its Clearwire Stake

allthingsd.com
Time Warner Cable Inc. is planning to sell its entire 7.8 percent stake in struggling mobile-broadband provider Clearwire Corp. The cable company notified other major Clearwire investors, which have an option to buy part or all of the stake, of the move and disclosed its intention in a regulatory filing...
Time Warner Cable to Sell Its Clearwire Stake

Report: Yahoo drops Dailymotion deal in face of French opposition

www.pcworld.com
Yahoo has scrapped plans to invest in French online video site Dailymotion, after the French government opposed the Internet giant acquiring a majority stake in the company, according to reports.French Industry Minister Arnaud Montebourg told Yahoo chief operating officer Henrique de Castro and France Telecom chief financial officer Gervais...
Report: Yahoo drops Dailymotion deal in face of French opposition

Barnes & Noble Spins Off Nook, With Help From Microsoft

allthingsd.com
Barnes & Noble is breaking itself apart, by spinning off its fast-growing digital unit from its slow-growth bookstore business. And it’s doing so with help from Microsoft. Redmond will put $300 million into the spinoff at a $1.7 billion valuation, and will get 17.6 percent stake. That will leave Barnes...
Barnes & Noble Spins Off Nook, With Help From Microsoft
Clearwire stock jumps 8% on Dish's $5B offer

Sharp will miss deadline for $60M Qualcomm investment, is getting an extension instead

www.engadget.com
If you recall, Sharp hit the jackpot back in December, when Qualcomm promised to invest around $120 million in the troubled company in exchange for a five percent stake. Sharp already received the first half of that windfall at the tail end of 2012, whereas the remaining $60 million...
Sharp will miss deadline for $60M Qualcomm investment, is getting an extension instead

Softbank acquires 70% stake in Sprint for $20.1 billion

thenextweb.com
In a webcast today,  Japanese operator Softbank has acquired a 70 percent stake in US operator Sprint, financing the deal with $8 billion in new capital and shares and $12 billion in existing shares. Softbank says that it will allow the company to “establish an operating base as one of...
Softbank acquires 70% stake in Sprint for $20.1 billion

Forgotten Apple founder takes to Facebook to explain his decision to quit after 12 days

thenextweb.com
The story of Ron Wayne, the third but oft-forgotten co-founder of Apple Computer (along with Steve Jobs and Steve Wozniak), is well known in our circles. See our recent interview with the man for more context, but basically Wayne got a 10 percent stake in Apple upon the formation...
Forgotten Apple founder takes to Facebook to explain his decision to quit after 12 days

Cisco Just Found A Brilliant New Way To Beat VMware (CSCO, MSFT, VMW, EMC)

www.businessinsider.com
Cisco just bought a small 1 percent stake in Parallels, best known for its software that lets you run Windows apps on a Mac. The stake, however, gives Cisco a seat on Parallels' board. It's an interesting move for Cisco with a lot of implications. The software that lets you...
Cisco Just Found A Brilliant New Way To Beat VMware (CSCO, MSFT, VMW, EMC)
Random House and Penguin to combine, strengthen position with digital distributors

Japanese Manufacturers Rescue Chip Maker Renesas

dealbook.nytimes.com
Some of Japan's largest manufacturers are contributing to a $1.8 billion bailout of the struggling chip maker Renesas, a move that will give the government and the companies a 69 percent stake....
Japanese Manufacturers Rescue Chip Maker Renesas

Rumor: Verizon, Vodafone in merger, buyout discussions

www.electronista.com
Mirroring earlier talks between the carriers, Verizon and Vodafone are reportedly looking for ways to "resolve" their relationship in the jointly-owned carrier Verizon Wireless. It is claimed that the two companies are in discussions to either fully merge the two entities or for Verizon to partly or fully buy out...
Rumor: Verizon, Vodafone in merger, buyout discussions
Sharp technology to be used for Hon Hai iPhone panel plant, says Nikkei

AMD Posts $590 Million Loss

allthingsd.com
Advanced Micro Devices Inc. swung to a first-quarter loss as the chip maker continued to bear costs related to its spun-off foundry business, though its core earnings improved. The company has weathered a series of problems lately, particularly chip shortages stemming from manufacturing problems at Globalfoundries, the company formed by...
AMD Posts $590 Million Loss

Blackstone withdraws bid to buy Dell, blaming poor sales and a 'rapidly eroding financial profile'

thenextweb.com
Blackstone has confirmed today that it is withdrawing its bid to acquire Dell, citing poor PC sales, revised operating income projections and a “rapidly eroding financial profile”. In a formal letter addressed to the Special Committee of the Board of Directors at Dell, the group led by Blackstone said it had discovered...
Blackstone withdraws bid to buy Dell, blaming poor sales and a 'rapidly eroding financial profile'
Another bad day: Facebook shares tumble nearly 10%

Samsung invests $111M in Sharp to buoy display business

news.cnet.com
Samsung's investment will give it a 3 percent stake in Sharp, a big Apple supplier that has been struggling. The deal also means a steady supply of LCD panels for Samsung. [Read more]...
Samsung invests $111M in Sharp to buoy display business

Samsung buys five percent stake in stylus-maker Wacom, strikes manufacturing deal

www.engadget.com
You don't have to look much further than the millions of Galaxy Notes sold to realize that Samsung is serious about the stylus, but the company's now made that commitment clearer than ever by buying a piece of Wacom. It's not the biggest of investments for a company of...
Samsung buys five percent stake in stylus-maker Wacom, strikes manufacturing deal

AT&T sheds directories, advertising business

news.cnet.com
The telecommunications provider is selling the assets to Cerberus, but will get a 47 percent stake in the new YP venture. [Read more]...
AT&T sheds directories, advertising business

CBS acquires all of TV Guide Digital

www.engadget.com
TV Guide Digital has fared well between its web portal and mobile apps, but part-owner CBS thinks there's a lot of potential locked away. Enough so, in fact, that CBS is taking over TV Guide Digital by acquiring Lionsgate's remaining 50 percent stake in the venture. The media giant...
CBS acquires all of TV Guide Digital

Pearson to Invest $89.5 Million in Barnes & Noble's Nook Media

allthingsd.com
Publishing and education company Pearson PLC agreed to invest $89.5 million for a 5 percent stake in Barnes & Noble Inc.’s digital-business unit, Nook Media LLC. Bookstore operator Barnes & Noble will now own 78.2 percent of Nook Media, and Microsoft Corp., which made a $300 million investment earlier this...
Pearson to Invest $89.5 Million in Barnes & Noble's Nook Media

What Does Dan Loeb Want for His $1B -- Lotsa Yahoo News, That's What!

allthingsd.com
Last week, Yahoo’s activist shareholder Dan Loeb of Third Point, the New York hedge fund that is waging a proxy fight against the Silicon Valley Internet giant, made a regulatory filing noting that it had spent $971.1 million to acquire 70.5 million shares of Yahoo, or a 5.8 percent...
What Does Dan Loeb Want for His $1B -- Lotsa Yahoo News, That's What!
Pearson buys a stake in Nook Media

Sprint, SoftBank announce a deal #thecircuit

www.washingtonpost.com
Sprint, SoftBank announce a deal: Sprint Nextel and the Japanese carrier SoftBank announced a $20.1 billion deal Monday that will hand majority control of the U.S. carrier to SoftBank. The Japanese firm is buying an approximately 70 percent stake in Sprint -- an infusion of capital that will help...
Sprint, SoftBank announce a deal #thecircuit

Reed Hastings's Expensive Year

allthingsd.com
The good news for Reed Hastings: The Netflix CEO saw his total pay jump from $5.5 million to $9.3 million last year, the company revealed in a proxy filing today. The bad news: As everyone who pays any attention to the company knows, the company’s stock got hammered. So Hastings’s...
Reed Hastings's Expensive Year

Vodafone chief unsure about changing Verizon ownership -- report

news.cnet.com
Speaking to The Wall Street Journal, Vittorio Colao said that he's unsure whether his 45 percent stake in Verizon Wireless will be reduced in a year's time. [Read more]...
Vodafone chief unsure about changing Verizon ownership -- report
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