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Exclusive: Dell taps banks to raise more cash for tracking stock offer – sources
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(Reuters) – Dell Technologies Inc (DVMT.N) is working with investment banks to add more cash to a $21.7 billion offer to buy back a “tracking stock” tied to its software company VMware Inc (VMW.N) as it nears a deal with investors, people familiar with the matter said on Tuesday. A Dell sign is seen during […]

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This Famous Airline Thought It Would Offer Veterans Special Pre-Boarding. The Reaction Was Shocking
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Absurdly Driven looks at the world of business with a skeptical eye and a firmly rooted tongue in cheek.  Some things are, though, universal, aren’t they? That must be what the bosses at Virgin Australia thought when they offered veterans priority boarding. But Australia isn’t necessarily like, say, America. Frankly, nowhere is.  When you’ve lived in […]

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Alibaba signs deal to offer Disney shows on video platforms
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SINGAPORE (Reuters) – Alibaba Group Holding Ltd’s entertainment arm has signed a licensing agreement with Walt Disney Co in a deal that will provide the Chinese group’s Youku video streaming platform with the largest Disney animation collection in China. Alibaba said in a press release on Monday that the multi-year licensing agreement signed between Alibaba […]

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SoftBank succeeds in tender offer for Uber shares
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(Reuters) – A consortium led by SoftBank Group Corp will buy a large number of shares of Uber Technologies Inc [UBER.UL] in a deal that values the ride-services firm at $48 billion, Uber said on Thursday, in a victory for new Chief Executive Dara Khosrowshahi. The price is a roughly 30 percent discount to Uber’s […]

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