Sale of Hulu is Called Off

News Corporation, Providence Equity Partners, The Walt Disney Company and the Hulu senior management team issued the following statement:"Since Hulu holds a unique and compelling strategic value to each of its owners, we have terminated the sale process and look forward to working together to continue mapping out its path to even greater success. Our focus now rests solely on ensuring that our efforts as owners contribute in a meaningful way to the...

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Skype is Now Part of Microsoft

Microsoft completed its previously announced acquisition of Skype -- a deal valued at $8.5 billion.Microsoft states that its mission with the Skype business is "connecting all people across all devices." The current, free Skype service continues as before. Long term, Microsoft envisions tighter integration with its other platforms."Skype is a phenomenal product and brand that is loved by hundreds of millions of people around the world," said...

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BUYIN Commences Operations

BUYIN, the procurement joint venture between Deutsche Telekom and France Télécom-Orange, has officially commenced operations. The parent companies have pooled their procurement activities in the areas of terminal devices, mobile communications networks, and in significant portions of their fixed-network equipment and service platforms in a 50:50 joint venture. In addition, the two companies intend to launch pilot projects to explore other areas...

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