Justice’s formal review of the deal is not due until next week, but Bloomberg – relying on unnamed sources – is reporting that that those reviewing the case at Justice are disinclined to approve the deal even with conditions.
Nokia will make an offer for all of the equity securities issued by Alcatel-Lucent, through a public exchange offer in France and in the United States, on the basis of 0.55 of a new Nokia share for every Alcatel-Lucent share. The deal values Alcatel-Lucent at $16.6 billion, and the deal is expected to close in early 2016.
Nokia and ALU are "in advanced discussions with respect to a potential full combination, which would take the form of a public exchange offer by Nokia for Alcatel-Lucent." They cautioned there is "no certainty at this stage that these discussions will result in any agreement or transaction."
Michael T. Hayashi, former executive vice president of architecture, development, and engineering at Time Warner Cable (TWC), has been appointed to Espial’s board of directors.
Arris and Charter formed a joint venture for the purpose of buying ActiveVideo. Arris will own 65 percent of the venture. Current ActiveVideo management, including CEO Jeff Miller, will continue to run the operation.
A clearly defined career path, feeling proficient on the job, and compensation tied to professional certifications are the three most important things to employees who consider staying with their . . .
Subscription IQ: The pricing models that succeed do so because they bill you in a way that makes services feel free. You’re free-wheeling, free-dealing, free-riding until for some inane technicality, your credit card doesn’t go through.
John Malone and John Risley have invested in UXP Systems, a company that has developed a platform that bridges disparate back office systems to provide a single view not only of customer accounts, but every user behind each account.
Vivendi has submitted an offer for the YouTube rival to Orange - the former France Telecom. Orange has been looking for someone to take DailyMotion off its hands for more than two years.
Telus in Canada plans to upgrade all wireless sites in Alberta to 4G LTE, to utilize Telus’ newly acquired AWS-3 spectrum within the province, and to increase wireline internet speeds to 100 Mbps.
Chromebooks have been steadily gaining in popularity, particularly in schools, as more applications and services made available over Internet connections — a phenomenon known as "cloud computing" that has reduced the need for hard drives.
Comcast vice chairman and chief financial officer Michael J. Angelakis is leaving the company to establish a new global investment company, which he’ll do with Comcast’s backing.
As executive vice president of customer experience, Charlie Herrin will continue to try to help Comcast turn around its worsening reputation for customer service.
Jason Wyrick has been promoted to VP of digital platforms overseeing the development of digital products and services. He began working for Starz in 2005, most recently serving as senior director of digital platforms.
Spotify is coming to the PlayStation, replacing Sony's own Music Unlimited service, as the company continues to expand the game console into an entertainment hub beyond video games. Spotify hits the . . .
Dish Network CEO Charlie Ergen was granted a request for $1.4 billion in cash plus interest as repayment for LightSquared's debt he bought using hundreds of millions of dollars from his daughter's trust fund. In bankruptcy court last year, LightSquared alleged that Ergen had purchased the debt illegally on Dish's behalf and not for himself.
When vandals sliced a fiber-optic cable in the Arizona desert last month, they did more than time-warp thousands of people back to an era before computers, credit cards or even phones. They exposed. . .
Comcast says its $45 billion purchase of Time Warner Cable will take longer than expected because of a long-running regulatory review. The country's largest cable company wants to buy Time Warner . . .
The Oregon Senate expects to vote Tuesday on a bill giving tax breaks to Internet providers and companies that own data centers, the measure's sponsor said Monday. The bill is a response to an . . .
Salt Lake City will soon join a handful of U.S. cities in offering high-speed internet service through Google Fiber. Mayor Ralph Becker made the announcement on Tuesday at The Leonardo museum. Google . . .
An energy company is joining forces with a tech startup to harness computing power to heat homes in the Netherlands. Eneco, a Dutch-based energy company with more than 2 million customers, said . . .
Bright House and GCI have become members of the SCTE corporate alliance partner (CAP) program.
Would you pay to see some of the Internet's best video clips first? Vessel, a new service trying to change the way that short video pieces make money on the Internet and mobile devices, is betting . . .
Strife in the workplace. Headlines about generations in the workforce play up the differences among Baby Boomers (born 1946-1965), Generation X (born 1966-1980) and Millennials (born 1981-2000) . . .
Comcast is tripling the size of its social care team in order to focus on assisting its customer base via social media platforms. The idea is to have a Comcast team available to customers wherever those customers are on social media.