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Alcatel-Lucent Merger Worries Other Telecoms

Posted on April 05, 2006 by Nancy

According to Yahoo News, “Nordic telecommunication giants Nokia and Ericsson will need to grow by acquisition to counter the long-term impact of a planned merger of Alcatel and Lucent on their business.”
French company Alcatel and US company Lucent are merging to become a giant company worth about $25 billion, which will make them the 2nd [...]

Betting on Gambling

Posted on June 02, 2005 by brother9

The World Poker Tour (or rather, the company that owns the WPT) IPO’d last August, and since then is trading at more than double the IPO. Not surprising.
But now there’s an overseas look into the IPO, and PartyGaming, the largest UK website for poker, is planning an IPO this month on the London Exchange [...]

Skype Nears 100 Million Downloads

Posted on April 19, 2005 by Preston Danforth

Skype recently announced it was launching two new premium services: SkypeIn and Skype Voicemail.
Forbes has the scoop:

Software maker Skype said Friday that it was launching two more premium services as the number of downloads of its popular program neared 100 million.
The company also said it was launching SkypeIn and Skype Voicemail, two premium services [...]

Russian Oil Giant Yukos bought by mystery company

Posted on December 20, 2004 by site admin

PETER CAVE: A mystery Russian company has bought what’s been described as the heart of the country’s beleaguered oil giant, Yukos. The company’s main production unit was seized by authorities as part of a continuing claim for back-taxes which now total around $30 billion.

$30 billion in back taxes? And you thought that few thousand [...]

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Posted on November 03, 2004 by site admin

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