Vincent Bollore will be elected as the new Chairman of the Paris, France-based company Vivendi SA after the spin-off of its telecommunications business will be finalized.
Games/Entertainment
Breaking News
After a successful Kickstarter campaign, Colorado-based Seamless Toy Company raised USD2.6 million in a seed round to build a system that allows kids to bring toys to life using science.
Boston-based daily fantasy sports online game DraftKings closed USD24 million in a recent funding round led by Redpoint Ventures for its marketing, acquisition, and expansion activities.
The resignation of billionaire Carl Icahn's director appointees in Take-Two Interactive Software Inc's board of directors was part of an earlier agreement should Icahn decide to sell his position in the video game publisher.
Mexican broadcaster TV Azteca purchased financially troubled soccer club Atlas on Monday in an acquisition deal valued at USD50 million, according to the club's president.
In its first acquisition, US-based journalism startup Byliner purchased mobile developer Seesaw Decisions for an undisclosed amount, but has not yet confirmed its plan for Seesaw.
Chinese billionaire Yuzhu Shi and a Baring Private Equity Asia affiliate sought to take Giant Interactive Group Inc. private for USD11.75 per American Depositary Share (ADS). The consortium values the Chinese online game developer at USD2.82 billion.
Intel Corp is asking USD 500 million for OnCue, the service that allows users to access pay TV programs through a high speed Internet connection, according to sources interviewed by Bloomberg.
Allies of Russian President Vladimir Putin will reportedly get upset about the Russian state chief's latest economic policy to freeze prices starting next year, Bloomberg said in its report.
Chris Robert's personal computer (PC) game, Star Citizen, topped its USD29 million stretch goal for additional funding for Squadron 42, a single-player campaign that can be played offline.
An Apple Inc. spokeswoman has confirmed that the Cupertino-based tech giant will acquire Israel's PrimeSense Ltd. for USD350 million. The PrimeSense deal is the latest in Apple's acquisition of less well-known companies.
Drayton McLane Jr, Comcast and NBC Universal said that Jim Crane's claim that they cheated him out of the acquisition deal of US professional baseball team the Houston Astros was ludicrous.
Microsoft Corp said on Friday that it had sold over 1 million units of its new Xbox One gaming console in less than 24 hours after it went on sale in 13 countries.
The following bids, mergers, acquisitions and disposals were reported on Friday, including Microsoft, Comcast, Green Dot, Goldman Sachs and others.
