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*Moroccan kingdom must approve Vivendi's choice of bidder. *Deal is key to Vivendi strategic overhaul. PARIS/ LONDON, April 24- Vivendi has received two binding offers from Gulf companies for a 53 percent stake in Maroc Telecom, the first tangible sign of progress in the French media and telecom conglomerate's efforts to remake itself.
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*Moroccan kingdom must approve Vivendi's choice of bidder. *Deal is key to Vivendi strategic overhaul. PARIS/ LONDON, April 24- Vivendi has received two binding offers from Gulf companies for a 53 percent stake in Maroc Telecom, the first tangible sign of progress in the French media and telecom conglomerate's efforts to remake itself.
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DUBAI, April 24- Etisalat will make a binding offer on Wednesday to buy Vivendi's 53 percent stake in Morocco's Maroc Telecom, a deal in which the UAE telecom firm is expected to face stiff competition from its regional rival in Qatar.
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DUBAI, April 18- Qatar's Ooredoo, formerly Qatar Telecom, has secured a loan of up to $12 billion from a group of 10 banks to support its bid for Vivendi's stake in Maroc Telecom, several bankers working on the deal said.
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The videogame maker surprised the tech world this week by announcing plans to axe several games on Facebook from its Playfish acquisition.
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Free to play games don't make a lot of sense to some investors but free-to-play titles are fast becoming one of the most lucrative areas in gaming.
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The toy's inventor passed away in January, leaving behind an enormous legacy. The 100-employee company is now fighting to translate the iconic toy for a digital generation.
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After a rocky few months, EA is hoping that new consoles will help breath new life into its gaming business.
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*Vivendi fails to get high enough bids for Brazil unit GVT. *Vivendi shares fall 3.4 pct. PARIS/ NEW YORK, March 15- Vivendi has put the sale of its Brazilian telecoms operator on hold after failing to attract the 7 billion euros it wanted from bidders, another setback for the French media and telecoms conglomerate's efforts to rationalise and reduce debt.
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*Vivendi fails to get high enough bids for Brazil unit GVT. *Vivendi shares fall 3.4 pct. PARIS/ NEW YORK, March 15- Vivendi has put the sale of its Brazilian telecoms operator on hold after failing to attract the 7 billion euros it wanted from bidders, another setback for the French media and telecoms conglomerate's efforts to rationalise and reduce debt.
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March 13- Walt Disney Co has pushed back the launch date of its new video game and toy initiative known as "Infinity" to August from June, saying it was seeking to capitalize on a more favorable retail season. It has been described as Disney's answer to Activision Blizzard's "Skylanders", one of last year's top-selling games.
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PARIS, Feb 26- Entertainment-to-telecoms conglomerate Vivendi said on Tuesday it could give no full-year group outlook until it had more clarity on key asset sales, prompting its shares to slip and analysts to caution the company needed to deliver on deals.
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NEW YORK, Feb 20- Sony Corp said it will launch its next-generation PlayStation this year, hoping its first video game console in seven years will give it a much-needed head start over the next version of Microsoft's Xbox and help revive its stumbling electronics business.
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Sony acknowledged that the stakes are high as it introduced its new Playstation 4 console, saying that the new gaming ecosystem aims to revolutionize play.
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The launch of PlayStation 4 this week is more than the start of a new cycle for Sony, it's an essential step in rebuilding the firm as a corporation.
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It's much too early to dub Nintendo's next-generation videogame system a failure, but it's certainly off to a lousy start.
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As toy industry professionals converged in New York City this week for Toy Fair 2013, innovation and how to capitalize on the growing digital space has been on many minds.
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Stocks were higher across the board in thin trading Friday, with major averages struggling to close higher for the week, but gains were limited as investors hesitated to jump in amid a lack of strong catalysts to further fuel the recent rally.