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Vivendi sells Telefonica Brasil stake for USD 877 mln

2015-07-30 12:53:00| Telecompaper Headlines

(Telecompaper) French media conglomerate Vivendi has announced the sale of its remaining 4 percent stake in Telefonica Brasil for USD 877 million. The company's move comes a day after it agreed to exchange another 3.5 percent stake in the Brazilian operator for a 0.95 percent stake in the unit's parent company, Telefonica. Vivendi had acquired the 7.5 percent stake in Telefonica Brasil as part of the sale of its Brazilian broadband unit GVT to Telefonica, which also ceded an 8.24 percent stake in Telecom Italia to the French company. However, Brazil's competition authority CADE ruled that Vivendi couldn't continue as an indirect shareholder in Telecom Italia's Brazilian unit TIM Brasil as well as Telefonica Brasil. The French media giant has now proceeded to exit Telefonica Brasil through the share swap and sale, while becoming Telecom Italia's largest shareholder with a 14.9 percent stake.

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Tamron SP 150-600mm f/5-6.3 Di VC USD

2015-07-30 08:03:11| PC Magazine: New Product Reviews

The Tamron SP 150-600mm f/5-6.3 Di VC USD lens covers a long zoom range and produces sharp results through most of the frame, but it isn't perfect.

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Tamron SP 150-600mm f/5-6.3 Di VC USD

2015-07-30 02:03:48| PC Magazine Digital Cameras Product Guide

The Tamron SP 150-600mm f/5-6.3 Di VC USD lens covers a long zoom range and produces sharp results through most of the frame, but it isn't perfect.

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Tamron SP 150-600mm f/5-6.3 Di VC USD

2015-07-30 00:04:02| PC Magazine: New Product Reviews

The Tamron SP 150-600mm f/5-6.3 Di VC USD lens covers a long zoom range and produces sharp results through most of the frame, but it isn't perfect.

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Twitter narrows net loss as Q2 revenues lift to USD 502 mln

2015-07-29 07:46:00| Telecompaper Headlines

(Telecompaper) Twitter reported second-quarter revenues of USD 502 million, up 61 percent from the year-earlier figure and above its guidance of USD 470-485 million. Without forex effects, revenues would have increased 68 percent. Advertising revenues rose 63 percent from the year before to USD 452 million, with mobile advertising revenues making up 88 percent of the total. The net loss narrowed to USD 137 million or 21 cents a share from 145 million or 24 cents a share the year earlier. Adjusted EBITDA exceeded the company's target for Q2, coming in at USD 120 million from 54.1 million, representing an adjusted EBITDA margin of 24 percent. Twitter CEO Dick Costolo was pleased with the good progress in monetization but was not satisfied with audience growth. In order to realise its full potential, the CEO said the company had improve in three key areas: it needed to ensure more disciplined execution, simplify its service to deliver value faster, and better communicate that value.

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