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Factbox: Merged CBS and Viacom aim to join U.S. media big league

5 days ago DieselGasoil Comments Off on Factbox: Merged CBS and Viacom aim to join U.S. media big league
(Reuters) – CBS Corp (CBS.N) and Viacom Inc (VIAB.O) on Tuesday reached a deal to reunite media mogul Sumner Redstone’s U.S. entertainment empire after 13 years apart. FILE PHOTO: The CBS broadcasting logo is seen outside the CBS Broadcast Center in Manhattan, New York, U.S., July 30, 2018. REUTERS/Shannon Stapleton/File Photo The deal brings together Read More

China’s Tencent talking to Vivendi about stake in Lady Gaga’s label

2 weeks ago DieselGasoil Comments Off on China’s Tencent talking to Vivendi about stake in Lady Gaga’s label
PARIS/BEIJING (Reuters) – China’s Tencent Holdings Ltd (0700.HK) is in talks to buy up to 20% of Universal Music Group (UMG) from Vivendi SA (VIV.PA), valuing the music label of Lady Gaga, Ariana Grande and the Beatles at around 30 billion euros ($34 billion), as both firms look to expand in a recovering global music Read More

Vivendi turns to Tencent to gain Universal foothold in China

2 weeks ago DieselGasoil Comments Off on Vivendi turns to Tencent to gain Universal foothold in China
PARIS/BEIJING (Reuters) – Vivendi (VIV.PA) is in talks to sell up to 20% of Universal Music Group (UMG) to Tencent (0700.HK), valuing its prized asset at around 30 billion euros ($34 billion), in an attempt to break into China’s growing but tightly-controlled music market. Lady Gaga arrives at the Metropolitan Museum of Art Costume Institute Read More

Vivendi in talks to sell 10% of Universal Music Group to Tencent

2 weeks ago DieselGasoil Comments Off on Vivendi in talks to sell 10% of Universal Music Group to Tencent
FILE PHOTO: The logo of Universal Music Group (UMG) is seen at a building in Zurich, Switzerland July 25, 2016. REUTERS/Arnd Wiegmann/File Photo – RC1EE289B960 PARIS (Reuters) – Vivendi (VIV.PA) is in talks to sell a 10% stake in its prized and lucrative Universal Music Group (UMG) to Chinese tech group Tencent (0700.HK), the French Read More

Democratic senator warns of Trump involvement in Pentagon contract

2 weeks ago DieselGasoil Comments Off on Democratic senator warns of Trump involvement in Pentagon contract
FILE PHOTO: Senator Mark Warner (D-VA) questions David Marcus, head of Facebook’s Calibra (digital wallet service), during testimony before a Senate Banking, Housing and Urban Affairs Committee hearing on “Examining Facebook’s Proposed Digital Currency and Data Privacy Considerations” on Capitol Hill in Washington, U.S., July 16, 2019. REUTERS/Erin Scott (Reuters) – U.S. Senator Mark Warner Read More

AT&T wireless business grows but premium TV subscribers decline

4 weeks ago DieselGasoil Comments Off on AT&T wireless business grows but premium TV subscribers decline
(Reuters) – AT&T Inc (T.N) exceeded analyst expectations on Wednesday for net wireless subscribers who pay a monthly bill, as it eked out some growth in a saturated market and continued to bundle media content from Time Warner into new wireless plans. FILE PHOTO: A woman uses her phone as she passes by an AT&T Read More

AT&T beats quarterly phone subscriber estimates

4 weeks ago DieselGasoil Comments Off on AT&T beats quarterly phone subscriber estimates
(Reuters) – AT&T Inc on Wednesday beat Wall Street estimates for net wireless subscribers who pay a monthly bill as it grounded out some growth in a saturated market and continued to bundle media content from Time Warner into new wireless plans. The AT&T logo is seen on a monitor on the floor of the Read More

Equifax’s $700 million data breach settlement spurs criticism, calls for new rules

4 weeks ago DieselGasoil Comments Off on Equifax’s $700 million data breach settlement spurs criticism, calls for new rules
WASHINGTON (Reuters) – Credit-reporting company Equifax Inc (EFX.N) will pay up to $700 million to settle claims it broke the law during a massive 2017 data breach and to repay harmed consumers, in a landmark settlement that was nonetheless criticized by consumer advocates and some lawmakers who called for stricter regulation. While it was the Read More

Equifax’s $700 million data breach settlement spurs calls for new rules

4 weeks ago DieselGasoil Comments Off on Equifax’s $700 million data breach settlement spurs calls for new rules
WASHINGTON (Reuters) – Credit-reporting company Equifax Inc (EFX.N) will pay up to $700 million to settle claims it broke the law with a massive 2017 data breach and to repay harmed consumers, in a landmark settlement that could spur new consumer data rules. The largest-ever settlement for a data breach draws to a close multiple Read More

Equifax to pay $700 million over 2017 data breach, compensate consumers

4 weeks ago DieselGasoil Comments Off on Equifax to pay $700 million over 2017 data breach, compensate consumers
WASHINGTON (Reuters) – Credit-reporting company Equifax Inc (EFX.N) will pay up to $700 million to settle U.S. federal and state probes into a massive 2017 data breach of personal information that affected around 147 million consumers, authorities said on Monday. The largest-ever settlement for a data breach draws to a close multiple probes into Equifax Read More