Ford buys software startup Livio

Ford Motor Co. said Thursday that it acquired the startup company Livio in a bid to accelerate its efforts to help drivers safely access content on their smartphone while on the road.

Carl Icahn's stake in Nuance grows to 16.9 pct.

Billionaire investor Carl Icahn has raised his stake in Nuance Communications over the past month to almost 17 percent, nearing a threshold that would trigger defensive mechanisms to thwart a hostile takeover.

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