Jun 24, 2014 16:08 UTC

Hollywood’s hopes in China rest on Youku

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By Rob Cox

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Look around the subway in Beijing or Shanghai and maybe nine of 10 passengers are watching videos on their mobile devices. Chances are most of them are watching content delivered to them by Youku Tudou. The country’s leading internet television operator streams 400 million videos a day. In that sense, Youku is Netflix and YouTube – plus Comcast and Liberty Media – stuffed into one dumpling. It is also the nexus for Hollywood’s high hopes in the Middle Kingdom.

Jun 23, 2014 18:38 UTC

Oracle deal provides partly cloudy forecast

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By Kevin Allison

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Oracle’s $5.3 billion deal for Micros Systems provides a cloudy forecast for shareholders in the database giant. Even if it’s the start of a new deal binge by Chief Executive Larry Ellison – which is possible – it’s not at a crazy valuation. But longtime partner Micros is more of an add-on than a way to supercharge Oracle’s effort in the cloud.

Jun 20, 2014 18:14 UTC

GE scores a Pyrrhic victory in France

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By Quentin Webb

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

There’s a paradox in General Electric’s French triumph. The U.S. conglomerate is finally getting Alstom’s energy businesses, having seen off German nemesis Siemens and reached an accommodation with a hostile French government. Yet some other players won clearer victories.

Jun 19, 2014 21:26 UTC

Supremes ride shotgun with Tesla down open road

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By Reynolds Holding

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

The U.S. Supreme Court is riding shotgun with Tesla Motors down the open road. The top U.S. tribunal unanimously ruled on Thursday that abstract ideas, even if run through a computer, can be freely adopted. Elon Musk, meanwhile, last week opened up the technology from his electric carmaker. Both decisions spread an important message to the vicious world of patent fighting: Share, don’t hoard.

Jun 19, 2014 18:27 UTC

Paris forces GE into over-engineered Alstom bid

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By Quentin Webb

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Paris has forced GE into an over-engineered bid for Alstom’s power businesses. The U.S. giant’s third tilt at its French counterpart overlays a series of tie-ups on the previously simple 11.4 billion euros ($15.6 bln) cash deal. The aim is to satisfy France’s taste for alliances and protective concern for an industrial champion. It all looks less shareholder-friendly – but also less prone to an Elysee Palace veto. That keeps GE ahead of rival bidders Siemens and Mitsubishi Heavy Industries.

Jun 18, 2014 18:06 UTC

Elon Musk applies his magic touch to M&A

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By Christopher Swann

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Elon Musk is applying his magic touch to M&A. A $350 million acquisition of solar panel maker Silevo added $900 million to the market value of SolarCity, where the inventor and entrepreneur is chairman and biggest shareholder. It’s an investment in an efficient technology and a hedge against rising import tariffs. Manufacturing, however, is the riskiest part of solar, and Musk is a more proven builder than buyer.

Jun 17, 2014 17:38 UTC

Medtronic-Covidien is blast from M&A advisory past

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By Antony Currie

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Investment bankers had a rude awakening over the weekend. A mega-merger like the $43 billion cash and stock tie-up Medtronic and Covidien announced on Sunday often provides a feast for a raft of advisory firms. Not this time. The two medical devices companies are only using one each.

Jun 17, 2014 13:58 UTC

China Macau tolerance won’t last forever

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By Rob Cox

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Spreadsheets with astonishing forecasts can only tell so much about China’s economic miracle. The sole path to believing, or at least comprehending, the scale of the country’s development is to see it. And so it is with any attempt to grasp Macau’s transformation from a Portuguese trading outpost to the Middle Kingdom’s gambling and entertainment hub.

Jun 16, 2014 21:12 UTC

Morgan Stanley email shame begs a tech solution

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By Jeffrey Goldfarb

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Morgan Stanley’s email shame should bring Silicon Valley and Wall Street closer together. Messages sent by the bank’s head of M&A to Allergan look bad now that Morgan Stanley is working for hostile suitor Valeant Pharmaceuticals International. The episode suggests there’s a market for a corporate Snapchat.

COMMENT

Is this a surprise. This industry is riddled with bad, practises, woeful management, and downright thieves. The very nature of the business attracts the worst in our society whose sole interest is personal enrichment , stroking their inflated egos, and boosting their “status in society”. Pond life at its worst. Long jail sentences and licensing is required to deter these thieves.

Posted by Olduvai | Report as abusive
Jun 16, 2014 17:10 UTC

Medtronic-Covidien deal is marriage of convenience

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By Jeffrey Goldfarb and Robert Cyran

The authors are Reuters Breakingviews columnists. The opinions expressed are their own.

The marriage of Medtronic and Covidien looks to be one of convenience. The $42.9 billion deal includes a premium that exceeds the estimated cost savings. Stents and sutures aren’t an obvious fit. And moving Medtronic’s headquarters from Minneapolis to Covidien’s Dublin base won’t obviously cut the U.S. company’s tax bill. Freeing up overseas cash is too shallow a reason to tie the knot.