Google Inc. shares rose to a record after the company unveiled a subscription music-streaming service and overhauled its online maps, part of several product updates aimed at attracting more users and advertisers.
Activision Blizzard Inc., the largest U.S. video-game maker, fell the most in 18 months after offering a guarded outlook because of uncertain customer demand for new consoles and its “World of Warcraft” online game.
Activision Blizzard Inc., the largest U.S. video-game maker, fell the most in two years after offering a guarded outlook because of uncertain customer demand for new consoles and its “World of Warcraft” online game.
Warner Music Group Corp., the third- largest music content company, lowered the rate on a $820 million loan to support its acquisition of Parlophone Label Group and is seeking to lower borrowing costs on an existing $492 million of debt.
Vivendi SA Chairman Jean-Rene Fourtou pledged a full strategy review to convince investors the telecommunications-to-media company can see through asset sales to refocus its business a year after first saying he’d do so.
Vivendi SA, the French company seeking to reorganize its telecommunications-to-media structure, is targeting a completion of the sale of its Maroc Telecom SA stake by October, according to people familiar with the matter.
Robert Kotick, president and chief executive officer of Activision Blizzard Inc., increased his compensation almost eightfold to $64.9 million last year, becoming one of the highest-paid CEOs in the U.S.
Warner Music Group Corp., the third-largest global music content company, is seeking $820 million in loans to support its acquisition of Parlophone Label Group and for general corporate purposes, according to a person with knowledge of the transaction.