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SAN FRANCISCO -- Elliott Management, the $27 billion hedge fund with a penchant for shaking up technology companies, has found itself two new targets in the industry -- and is [...]

A roundup of motoring news from the web: ua BMW announced Friday that it had begun deliveries of its electric i3 in the United States. Charles Rabie, a professor at [...]

Quanta Services Inc., an installer of power and phone lines, has acquired seven businesses that expand its services and geographic reach and add about $140 million in annual sales. Terms […]

Japan's largest cellular phone company, NTT Mobile Communications Network, will buy a stake in a Hong Kong mobile phone venture owned by Hutchison Whampoa and Motorola. Motorola's interest in the [...]

The mobile phone service affiliate of the state-run Korea Telecom Corporation, the Korea Telecom Freetel Company, agreed to sell a 9.2 percent stake to the Microsoft Corporation, Qualcomm Inc. and […]

Iridium L.L.C., the global satellite telephone company, which filed for protection under Chapter 11 of the Bankruptcy Code on Friday, said today that it had proposed that a group of […]

Alcatel S.A., the French telephone equipment maker, said it would raise its stake in Thomson-CSF to more than 25 percent, moving into military electronics. The purchase of 10 percent of […]

France is preparing to cut sharply its stake in Thomson-CSF, Europe's biggest military electronics maker, labor union officials said, in a bid to help its prospects for partnerships in Europe. […]

Forstmann Little & Company said yesterday that it had sold its remaining 5.4 million shares of General Semiconductor Inc. for $35 million to the Donaldson, Lufkin & Jenrette Inc. unit […]

The General Instrument Corporation said today that the Liberty Media Group, the cable television programming distributor run by John C. Malone, had increased its stake in General Instrument, the leading […]

As part of a push into the United States market for computer-networking equipment, Ericsson A.B. of Sweden, the world's No. 3 maker of mobile phones, has raised its stake in […]

The Microsoft Corporation said yesterday that it would buy a 5 percent stake in the Dialogic Corporation for $24.2 million and enter a $20 million licensing and service pact with […]

Airtouch Communications Inc. said yesterday that it would replace its Los Angeles wireless phone system built by Motorola Inc. with equipment from Northern Telecom Ltd. Airtouch, the world's largest cellular […]

Having just built one new factory and expanded another, the Chrysler Corporation is cutting back on capital investment. AT&T has also shaved its capital spending, but for a different reason: […]

Telia A.B. of Sweden and the Sonera Corporation of Finland said yesterday that they would buy 60 percent of the Lithuanian state-owned telecommunications operator Lietuvos Telekomas for $510 million. Telia […]

Nextel Telecommunications Inc., the mobile communications company backed by the McCaw family, has purchased a 21 percent stake in the J-Com Company from Nippon Motorola, the Japanese subsidiary of Motorola […]

World Access Inc., a telecommunications equipment company, said yesterday that it had agreed to buy a 55 percent stake in NACT Telecommunications Inc. for $71.8 million as part of a […]

Prince Walid bin Talal of Saudi Arabia plans to invest in the Teledesic Corporation, a statement from the billionaire investor's office said this week. 'Prince Walid plans to invest in […]

Geotek Communications Inc. said yesterday that it had signed a letter of intent to sell its 64 percent interest in Bogen Communications International Inc. for $18.5 million in cash. 'This […]

Motorola Inc. will double its investments in China to $2.5 billion over the next three years to match fast-rising sales, said Shelagh Lester-Smith, director of Motorola's communications in Asia. China, […]

Cisco Systems Inc., which is based in San Jose, Calif., and is a supplier of Internet transmission equipment, agreed yesterday to buy the privately held Ardent Communications Corporation for about […]

Motorola Inc., the electronics maker, increased its stake in the Czech computer chip producer Tesla Sezam A.S. to 57 percent, company officials said today. Motorola, which previously bought a 28 […]

France said yesterday that it would sell 18 million shares of Compagnie des Machines Bull beginning on Monday, nearly halving its stake in Bull, France's biggest computer maker, to 17 […]

The ITT Corporation said yesterday that it had sold its remaining 4.5 million shares in Alcatel Alsthom, the large French telecommunications equipment maker, for about $530 million. The sale, to […]

Northern Telecom Ltd. will pay $45 million for a 20 percent holding in Telrad, a telecommunications-equipment unit of Israel's Koor Industries, Koor said. Northern Telecom, based in Ontario, is a […]

The Newbridge Networks Corporation said yesterday that it would increase its presence in the wireless communications market by buying 15 percent of Broadband Networks Inc. for an undisclosed price. In […]

Nokia is cutting its stake in the Dutch cable company NKF Holding N.V. to 49 percent and selling the company its own cable operations. The news came a day after […]

Motorola Inc. said yesterday that it was raising its stake in Compagnie des Machines Bull to 17 percent, just as the struggling French state-owned computer giant predicted it would swing […]

The French Government said yesterday that it was selling stakes in Compagnie des Machines Bull, the money-losing computer maker, to Motorola Inc. of the United States and NEC of Japan […]

Motorola Inc. said today that it had submitted a proposal to the French Government for a stake in the state-owned computer maker, Compagnie des Machines Bull, confirming earlier speculation that […]

The Tandy Corporation said yesterday that it intended to sell its stake in two cellular telephone manufacturing facilities for $31.5 million. The sale of its 50 percent shares of the […]

Shares of First Pacific Networks Inc. rose yesterday by 25 percent, after the company said late Wednesday that the Southern Company of Atlanta, one of the nation's largest electric utilities, […]

LEAD: The ITT Corporation said yesterday that it would sell 7 percent of Alcatel N.V. for $640 million. The ITT Corporation said yesterday that it would sell 7 percent of […]

LEAD: Bell Canada Enterprises Inc. said it would acquire a one-third interest in Memotech Data Inc. for $196 million. Memotech recently won the bid to acquire Teleglobe Canada Inc., Canada's […]

LEAD: The ITT Corporation confirmed that it was considering the sale of its 24 percent stake in STC P.L.C., a British company that makes electronics and telecommunications equipment. ITT's 131 […]

LEAD: The ITT Corporation said yesterday that it had agreed to sell its 24 percent interest in STC P.L.C., a British manufacturer of telecommunications equipment, to Northern Telecom Ltd. for […]

LEAD: The Lodestar Group, a New York-based investment fund that specializes in corporate mergers and acquisitions, has lowered its stake in ADC Telecommunications Inc. to 4.5 percent from 6.4 percent. […]

LEAD: The International Business Machines Corporation will buy 25 percent of a fiber-optics company owned by Corning Glass Works. The value of the deal was not disclosed. PCO Inc., based […]