France Telecom News
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Vivendi SA moved its telecommunications chief Jean-Yves Charlier to SFR, bolstering leadership at the French mobile-phone unit ahead of a possible initial public offering.
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Yahoo! Inc. is buying blogging network Tumblr Inc. for about $1.1 billion as Chief Executive Officer Marissa Mayer seeks to lure users and advertisers with her priciest acquisition to date.
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Sanofi and the French government presented conflicting views on plans for the future of the drugmaker’s research site in Toulouse, adding another wrinkle in the company’s reorganization attempts.
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Poland’s second-largest cable- television company is relying on proceeds from its record bond sale to repel competition from billionaire John Malone’s Liberty Global Inc. and Warburg Pincus LLC.
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Vivendi SA shares fell in Paris after first-quarter profit missed analysts’ estimates as a wireless price war started by Iliad SA entered its second year.
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Safaricom Ltd., which rivals East African Breweries Ltd. as Kenya’s largest company by market value, said full-year profit surged 39 percent as revenue from data services increased.
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Yahoo! Inc. Chief Executive Officer Marissa Mayer is exploring whether to bid for the Hulu LLC streaming-TV service, people with knowledge of the matter said.
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Dailymotion SA, a YouTube competitor, has come to symbolize all the contradictions in France Inc.
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The French government’s decision to block France Telecom SA’s sale of its Dailymotion SA unit to Yahoo! Inc. isn’t indicative of a harder stance against foreign investments, Industry Minister Arnaud Montebourg said.
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France Telecom SA will resume its search for a partner for the video site Dailymotion SA as negotiations with Yahoo! Inc. collapsed after intervention by the French government, according to a person with direct knowledge of the situation.
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