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IHT.com Tech Alert |
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| Paris, Friday, June 15, 2007 | |
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EBay reports progress against fraud Measures against scams and counterfeit goods introduced in January have yielded results, the company says. - Google cancels Boston event after eBay yanks its ads Google cancels Boston event after eBay yanks its ads After Google organized a party to compete with eBay's annual sellers' convention in Boston, the online auction service retaliated.
Kellogg scales back ads for sugary cereals aimed at children
Wall Street panel to propose guidelines for e-mail
Kodak says its new technology doubles digital cameras' sensitivity to light
Bebo and Apple set deal to sell music online
The iPhone is missing a keyboard
Shake-up at The Wall Street Journal
Few sure what to expect from YouTube presidential debate
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Publicis Groupe, a Paris-based advertising company, said Thursday it had agreed to buy Business Interactif, which it described as the biggest independent digital advertising company in France, accelerating a race between ad agencies and Internet portals like Google for control of the fastest-growing part of the marketing business.
Publicis agreed to pay €137 million, or $182 million, for Business Interactif, which creates online advertising and develops e-commerce sites, working with clients like L'Oréal, Nestlé, Bouygues Télécom and the International Olympic Committee
Under the agreement, Publicis agreed to acquire a 49 percent stake in Business Interactif from its founders, Emmanuel Henrion and François de la Villardière. Other shareholders in Business Interactif, which is publicly traded in Paris, will be offered at €10.10 per share, a 10 percent premium to the closing price Wednesday. Publicis will pay 50 percent of that in cash and 50 percent through newly issued shares.
Alfa Group, a holding company owned by the Russian billionaire Mikhail Fridman, paid $307.6 million for an additional 1.4 percent stake in VimpelCom, according to a U.S. Securities and Exchange Commission filing dated June 8. The purchase raises Alfa's holding to 43.8 percent amid a battle with Telenor for control of VimpelCom, the Russian mobile phone company.
Microsoft has announced that it will license instant messaging and digital media technology to a small desktop Linux distributor, Linspire, which is based in San Diego, adding to a growing number of deals meant to help the Windows operating system work more smoothly with open-source software.
Creative Technology, a maker of portable music players, said Thursday that it intended to delist voluntarily from the Nasdaq Global Market to save on costs. Creative will maintain a listing in its home base, Singapore, it said.
NTT DoCoMo, the largest Japanese mobile phone operator, will start offering unlimited wireless Internet access for computers at a flat rate to prevent customers from defecting to rivals, the chief executive, Masao Nakamura, said Thursday.
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