French media conglomerate Vivendi does not want to stop embodying long-term plans for capture of its compatriot Ubisoft, specializing in development and publishing of video games. Earlier this month, Vivendi took control over Gameloft, a mobile games developer owned by Michel Guillemot, brother of Yves Guillemot, who, in turn, manages Ubisoft. Now, Vivendi said it "intends to continue to buy...

Quarterly and annual revenue forecast of Adobe Systems Inc. software developer barely stretched out to analysts' estimates. The news disappointed investors who had hoped that demand for Adobe Creative Cloud package will exceed expectations. Adobe’s net profits in the first half of fiscal year 2015-2016, which for the company ended on 3 June, in annual terms increased by 2.1 times and amounted to...

Dell is in talks to sell the business for production of corporate software - Dell Software Group. The buyers are Francisco Partners company and Elliott Management Corp. hedge fund. American company Dell can sell software business to finance transaction on purchase of EMC Corp, which cost $ 67 billion to the vendor. In the near future, the corporate software unit can be sold to a consortium of...

Chinese online retailer JD.com and the US company Wal-Mart announced creation of a strategic alliance in which Wal-Mart will receive almost 145 million new A class shares of JD.com. This corresponds to approximately 5% of the Chinese company’s share capital. JD.com will be own an online platform Yihaodian, belongs to Wal-Mart. The companies will work together on the website’s promotion. Also,...

On Sunday evening, Head of Iran's Civil Aviation Organization (CAO) announced a contract with Boeing Aircraft Corporation to supply 100 aircraft to Iranian airlines. The deal is valued at $ 17 billion; it is going to make Boeing Iran’s largest US trading partner. Earlier, the Iranians have already signed a preliminary contract with Airbus for delivery of 118 aircraft worth $ 27 billion. Head of...

Volkswagen will focus on the most attractive and fastest growing segments of the market. To do this, the company’s current portfolio, consisting of 340 different models, will be optimized based on characteristics of the regional markets and customer needs. In the coming months, Volkswagen will present a detailed strategic program for each brand with concrete steps and financial goals before the...

Online rental service Airbnb attracted a loan of $ 1 billion to strengthen its business and to develop new services. Now, Airbnb is valued at more than $ 25 billion. As reported by Bloomberg news agency citing sources familiar with the situation, the online property rental service Airbnb has attracted a loan of $ 1 billion to support its growth and develop new services. According to sources, the...

Founder of Alibaba Group Jack Ma said that quality of fake goods sold in the company’s online stores is higher than that of the original products. Head of the world's largest online retailer has assured that nobody in the world could fight against counterfeiting better than Alibaba does. Many times Alibaba Group has been accused in neglectful attitude to sale of famous brands’ counterfeits in...

Uber decided to introduce a helicopter taxi service to its Brazilian customers. The experiment will begin in the city of São Paulo, known for its many kilometers-long traffic jams. Uber’s clients in the Brazilian city of Sao Paulo, known for its many kilometers of traffic jams, will be able to take a helicopter taxi, according to Reuters. Sao Paulo will be the first city in the world to test new...