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Facebook shareholders vent ire over sagging stock

Facebook shareholders on Tuesday grilled leaders of the social network regarding how they planned to revive the company's stock and protect user privacy from snoops including US spy agencies.

Yahoo! vows not to ruin Tumblr after $1.1 bn takeover

Marissa Mayer has made her boldest move to date as chief of Yahoo! with the billion-dollar purchase of Tumblr, a popular blogging platform she vowed not to ruin after protests from youthful users.

Dassault Systemes posts Q1 profit of 73.7 mn euros

French software group Dassault Systemes posted on Thursday a two percent annualised rise in its first-quarter net profit, confirmed its 2013 targets and announced the acquisition of two European firms for undisclosed amounts.

United Tech sees $1b or more in share buybacks

(AP)—The chief financial officer of United Technologies Corp. says the aerospace giant expects to spend at least $1 billion buying back shares this year.

Former Nortel execs acquitted of fraud

A Canadian court on Monday acquitted three top executives of former high-flying telecom company Nortel accused of defrauding the now-defunct firm, citing a lack of evidence.

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