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Vivendi And Universal Music Group to Purchase EMI Music
Vivendi and its subsidiary, Universal Music Group (UMG), have announced that they have signed with Citigroup Inc. (“Citi”) a definitive agreement to purchase EMI’s recorded music division for a total consideration of £1.2 billion representing 7...
Burtin Polymer Laboratories Announces New Relationship As the Primary Sponsor of the No. 82 Dodge Challenger R/T Race Car in the NASCAR Nationwide Series
Burtin Polymer Laboratories (BPL) has announced its new relationship as the primary sponsor of the No. 82 Dodge Challenger R/T race car in the NASCAR Nationwide Series. Fans can welcome BPL along with driver Reed Sorenson and MacDonald Motorsports, for...
Zyvex Technologies Launches New Maritime Division: Zyvex Marine
Zyvex Technologies has announced that it has launched a new division, Zyvex Marine. The new division’s mission is to design and build the most advanced maritime platforms in the world. Zyvex Marine shipped its first production boat, a lightweight...
Qwikster Canceled As Netflix Backs Out of Recently Announced Changes
Netflix, Inc. has announced it will not rename its DVD-by-mail service and that its U.S. members will continue to go to the Netflix website for both unlimited streaming and unlimited DVDs.
European Regulators Clear Microsoft’s Proposed Acquisition of Skype
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the Internet voice and video communication provider Skype by Microsoft Corporation because the deal would not significantly impede effective competition in...
Oracle Corp. And Oracle America Inc. Agree to Pay $199.5m for Failing to Meet Their Contractual Obligations to the General Services Administration
Oracle Corp. and Oracle America Inc. have agreed to pay $199.5 million plus interest for failing to meet their contractual obligations to the General Services Administration (GSA. This is the largest False Claims Act settlement that the GSA has ever obtained....
BAE Systems Announces Potential Job Losses in Its UK Business
BAE Systems has announced nearly 3,000 potential job losses within its Military Air & Information (MAI) and Shared Services businesses and at its Head Office. This announcement is in response to changes in key programs and the need to maintain competitiveness...
Leap Announces Expanded Availability of Cricket Products And Services Through Key National Retail Outlets
Leap Wireless International, Inc., the parent company of Cricket Communications, Inc., has announced a major retail expansion that will result in Cricket products and services being available to consumers nationwide. How People Arrived Here: cricket communications,...
