Deutsche Telekom Said to Talk to MetroPCS on T-Mobile USA Merger By Serena Saitto, Cornelius Rahn and Matthew Campbell - Wed May 09 16:03:45 GMT 2012 Enlarge image Deutsche Telekom Said to Talk to MetroPCS on T-Mobile USA Merger People pass by a T-Mobile USA Inc. store in New York. People pass by a T-Mobile USA Inc. store in New York. Photographer: Stephen Yang/Bloomberg Enlarge image Deutsche Telekom Said to Talk to MetroPCS on T-Mobile USA Merger David Paul Morris/Bloomberg A MetroPCS Communications Inc. sign is displayed outside a store in San Francisco. A MetroPCS Communications Inc. sign is displayed outside a store in San Francisco. Photographer: David Paul Morris/Bloomberg Deutsche Telekom AG (DTE) is discussing a merger of its T-Mobile USA unit with MetroPCS ... Continue reading →
Enlarge image Apple Profit Surge Fueled by China Teachers to Furniture Makers Apple sold 35.1 million iPhones in the fiscal second quarter, an 88 percent increase from a year earlier. Apple sold 35.1 million iPhones in the fiscal second quarter, an 88 percent increase from a year earlier. Photographer: Jerome Favre/Bloomberg April 25 (Bloomberg) -- Shaw Wu, an analyst at Sterne Agee & Leach Inc., talks about Apple Inc.'s financial results and business outlook. Apple profit almost doubled last quarter, reflecting robust demand for the iPhone in China and purchases globally of a new version of the iPad, allaying the growth concerns that sliced shares 12 percent in two weeks. Wu speaks from San Francisco with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg) ... Continue reading →
Enlarge image Sony CEO Kazuo Hirai Tomohiro Ohsumi/Bloomberg Kazuo Hirai, president and chief executive officer of Sony Corp. Kazuo Hirai, president and chief executive officer of Sony Corp. Photographer: Tomohiro Ohsumi/Bloomberg Sony Corp. will probably put songs by Michael Jackson and Whitney Houston online in Japan through its streaming music service. The trouble will be finding listeners who haven’t bought them from Apple Inc. (AAPL) in the past seven years. Sony said it will introduce Music Unlimited, a cloud-based catalog of 15 million songs, in its home market by the end of December after rolling it out in 16 other countries first. The company hopes flat fees, unlimited listens and accessibility through mobile and gaming devices will help close the gap with iTunes, which started ... Continue reading →
Vivendi Said to Consider Company Breakup By Marie Mawad, Matthew Campbell and Jacqueline Simmons - Wed Apr 25 19:58:05 GMT 2012 Vivendi SA (VIV) is considering an overhaul of its company structure that may lead to a breakup of the owner of the world’s largest music and video-game companies, according to people with knowledge of the matter. One option under discussion is to split the Paris-based company into two, with one part incorporating media assets such as Universal Music Group and video-game maker Activision Blizzard Inc. (ATVI), said the people, who asked not to be identified because the deliberations are confidential. The other would include Vivendi’s telecommunications and content distribution units, they said, adding that the review is at an early stage. Vivendi’s supervisory board, ... Continue reading →
Vente-Privee.com Founder Jacques-Antoine Granjon. Photographer: Thomas Rabsch/Vente-Privee via Bloomberg April 12 (Bloomberg) -- Bloomberg Television's David Tweed reports on the cyber campaigns of French presidential candidates Nicolas Sarkozy and Francois Hollande. (Source: Bloomberg) Enlarge image Tax-Happy French Candidates Win No Friends at Homegrown Facebook A jobseeker uses a computer at a Pole Emploi unemployment office in Marseille, France. While a 12-year-high jobless rate has prompted French candidates to make cutting unemployment a top priority, they’ve said little about encouraging the creation of the next Facebook Inc. or Google Inc. in France. A jobseeker uses a computer at a Pole Emploi unemployment office in Marseille, France. While a 12-year-high jobless rate has prompted French candidates to make cutting unemployment a top priority, they’ve said little about ... Continue reading →
Enlarge image Nokia Oyj CEO Stephen Elop Nokia Oyj Chief Executive Officer Stephen Elop. Nokia Oyj Chief Executive Officer Stephen Elop. Photographer: Nelson Ching/Bloomberg Less than two months ago, Nokia Oyj (NOK1V) Chief Executive Officer Stephen Elop stood up at the mobile- phone industry’s annual jamboree to declare that the company had turned the corner as sales of its new smartphone blossomed. The prediction proved premature. Yesterday, the Finnish company reported a surprise operating loss at its handset unit for the first three months and forecast no improvement this quarter. While sales of the Lumia model it developed with Microsoft Corp. (MSFT) topped estimates, competition ate into margins and sales of lower-priced devices plunged in emerging markets. As Nokia’s cash pile dwindles and a junk ... Continue reading →
