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    * Chairman welcomes investors who bring capital, know-how. * Telecom wants to stay in Brazil with leading role. * Telecom looks at Sky, Mediaset (MDIEF), Netlix for content. By Danilo Masoni and Stefano Rebaudo. ROZZANO, Italy, May 20 - Telecom Italia's chairman said he welcomed foreign investors in the Italian phone company as French media group Vivendi (VIVEF) prepared to become the largest shareholder.

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    Blackstone Group LP (BX) has sold a 25 percent stake in Irish telecoms firm Eircom to hedge fund Anchorage Capital Group, a source familiar with the matter said on Wednesday, a day after Eircom rejected a 3.3 billion euro buyout offer. Blackstone will retain a 5 percent stake in the company, the source said.

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    Shares of Salesforce.com Inc (CRM) are trading down 2.82% to $69.46 in mid-morning trading Wednesday, ahead of the cloud-computing giant's first-quarter earnings, scheduled to be released after the market closes later today. For the quarter that ended April, the company is expected to earn 14 cents per share on revenue of $1.5 billion.

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    Online handmade goods marketplace Etsy (ETSY) reported its first-quarter earnings on Tuesday, and concerns about the future of the company are growing. This was the first time the Brooklyn-based company reported earnings after its initial public offering last month, and while losses were expected, Etsy's (ETSY) particularly disappointing numbers sent its shares plummeting.

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    Airbnb Inc. is signaling an expansion into the professional vacation-rental business as tighter local government controls from Santa Monica, Calif., to New York threaten the home-sharing site's growth in urban areas. The company is developing software that will make it easier for property managers to link their properties to Airbnb and take some of the legwork out of managing schedules, prices and other details that currently have to be adjusted one property at a time.

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    The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: ** European telecoms group Altice has agreed to buy U.S. regional cable company Suddenlink Communications in a $9.1 billion deal, marking its first move across the Atlantic where it is also interested in buying Time Warner Cable.

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    Blackstone Group LP (BX) has agreed to sell a 25 percent stake in Irish telecoms firm Eircom to hedge fund Anchorage Capital Group, a source familiar with the matter told Reuters. Eircom said on Tuesday it had rejected a takeover offer of between 3.2 billion-3.3 billion euros from an unnamed bidder because it undervalued the business. Blackstone would retain a 5 percent stake, the source said.

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    China's Huawei Technologies Co Ltd, the world's biggest telecommunications equipment maker, on Wednesday became the latest tech giant to present its own take on the 'Internet of Things', centred on an operating system designed to allow household and business appliances to communicate with each other online.

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    When it comes to Pandora , it always comes down to one of three things, at least for investors. At times there might be a slowdown in advertising revenue or a decline in total listeners. "People are always concerned about all three, and at any single moment there's always one that's not aligning," Amy Yong, media analyst at Macquarie, said in a phone interview.

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    * Main competitor already launched TV service. * Shares down 3.3 percent. * Q1 net profit 25 mln shekels vs 20 mln forecast. Mobile phone group Partner Communications (PTNR), may branch out into television services this year to provide a new source of revenue after "relentless" competition in mobile phones contributed to a 52 percent drop in first-quarter profit.

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    China will spend more than $182 billion to boost Internet speeds by the end of 2017, a top government body said, as Beijing moves towards a more service-driven economy to boost growth. The State Council said the government will invest more than 430 billion yuan this year on network construction, with at least another 700 billion yuan spent over the following two years.