News

Altice names Combes group COO, Numericable-SFR chairman

PARIS (Reuters) - Billionaire Patrick Drahi's Altice holding company said on Monday it had named former Alcatel-Lucent Chief Executive Michel Combes as its chief operating officer and chairman of the board of Numericable-SFR.

Venture capital cash surfers may see waves recede in market turmoil

SAN FRANCISCO (Reuters) - The waves of cash surfed relentlessly by some of Silicon Valley's largest venture-backed businesses are showing signs of receding amid concern the companies may already be worth more than their likely valuations once they finally go public.

Investment firm Pleasant Lake offers to buy MagnaChip

(Reuters) - Investment firm Pleasant Lake Partners LLC offered to buy analog chipmaker MagnaChip Semiconductor Corp in a deal valuing the South Korea-based company at about $346 million.

Ashley Madison owner says site still adding users after data hack

TORONTO (Reuters) - Hundreds of thousands of people signed up for infidelity website Ashley Madison in the last week, parent company Avid Life Media said on Monday, even after hackers leaked data about millions of its clients.

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