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HSBC to pay $1.9B to settle money-laundering case

(AP)—HSBC avoided a legal battle that could further savage its reputation and undermine confidence in the global banking system by agreeing Tuesday to pay $1.9 billion to settle a U.S. money-laundering ...

dateDec 11, 2012 in Internet
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Research In Motion shares climb (Update)

Shares of Research in Motion Ltd. Jumped nearly 14 percent Friday as investors seemingly grew more optimistic about a February launch of the Canadian company's much-delayed BlackBerry 10 smartphones.

dateNov 23, 2012 in Business
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Taiwan bourse investigates HTC share surge

Taiwan Stock Exchange said Tuesday it was investigating a sudden surge in the share price of leading smartphone maker HTC before it had announced a patent settlement with US technology giant Apple.

dateNov 13, 2012 in Business
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Farmbook: An app to re-empower farmers

A cell phone application enables Indian farmers to better negotiate the sale of their harvests. Farmbook is designed for use by this population segment, where illiteracy is very common.

dateNov 01, 2012 in Engineering
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Permira buys Ancestry.com for $1.6 bn

European private equity group Permira will take over the popular Nasdaq-listed genealogy website Ancestry.com for $1.6 billion in cash, Permira announced on Monday.

dateOct 22, 2012 in Business
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Google shares hit new high (Update)

Google shares rose more than two percent to a new high of $749.38 at the close of the Nasdaq exchange on Monday and continued to rise in after-hours trading.

dateSep 24, 2012 in Business
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Facebook stock jumps 7.7% after Zuckerberg's comments

They're calling it the Mark Zuckerberg bump. Facebook's stock didn't skyrocket, but it did rise nicely the day after Facebook's chief executive broke his silence and publicly proclaimed that he cares about its shareholders.

dateSep 13, 2012 in Business
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