Facebook eyes $1bn deal for GPS app Waze
Facebook is in talks on a potential $1 billion deal to buy the Israel-based GPS mobile navigation app Waze, The Wall Street Journal reported.
May 10, 2013
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May 10, 2013
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China online retailer Alibaba buys into digital map firm
Chinese online retail giant Alibaba said Friday it would pay $294 million for a 28 percent stake in China's leading digital map provider, AutoNavi, its second big purchase in two weeks.
May 10, 2013
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Investors challenge Dell takeover plan (Update)
Dell's largest independent shareholder has teamed with activist investor Carl Icahn in another challenge to founder Michael Dell's $24.4 billion bid to take the struggling computer maker private.
May 10, 2013
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Panasonic reports big loss but forecasts profit (Update)
Japanese consumer electronics giant Panasonic Corp. on Friday reported a near-record net loss of 754 billion yen ($7.5 billion) for the fiscal year through March due to restructuring costs and slumping sales, ...
May 10, 2013
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Dish chair dares Softbank to raise bid for Sprint
(AP)—The chairman of Dish Network, which is trying to buy Sprint, is daring Sprint's other suitor to raise its bid.
May 09, 2013
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Amazon's growing threat to HP, Dell and Oracle
At any given moment, Netflix Inc. is serving up thousands, if not millions, of online videos from a big data center that the company's 33 million subscribers couldn't care less about, as long as those shows run immediately ...
May 09, 2013
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Microsoft eyes full control of Nook
Shares in Barnes & Noble surged Thursday after a report that Microsoft was preparing a $1 billion bid for the bookseller's Nook Media digital assets.
May 09, 2013
1 / 5 (1)
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China e-commerce giant Alibaba to open sesame with IPO
As Alibaba chief Jack Ma steps aside after building the world's largest online retailer, the Chinese firm is preparing a huge stock offer prompting comparisons with Facebook—whose profits it dwarfs.
May 09, 2013
1 / 5 (1)
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Sony back in black on cheap yen, healthier sales
Sony Corp. is back in the black for its fiscal fourth quarter, recording a 93.9 billion yen ($948 million) profit, with big help from a weaker yen that boosts overseas earnings.
May 09, 2013
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Huawei founder gives first ever media interview
During 26 years at the helm of Chinese tech giant Huawei, founder Ren Zhengfei has never once agreed to be interviewed by a journalist. Until Thursday.
May 09, 2013
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Electric car maker Tesla posts first profit
Tesla Motors said Wednesday it posted its first-ever quarterly profit as the electric carmaker beat its own forecasts and surprised market analysts.
May 08, 2013
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US appeals panel speaks well of Google book plans
A federal appeals panel in Manhattan has expressed support for Google Inc.'s plan to create the world's largest digital library.
May 08, 2013
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Yahoo! eyes Hulu after failed Dailymotion bid
Yahoo! has begun talks on a possible purchase of the online video website Hulu, the Dow Jones news site AllThingsD reported Wednesday.
May 08, 2013
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T-Mobile US sells 500,000 iPhones in a month
T-Mobile US Inc., the last of the major U.S. carriers to start carrying iPhones, is selling them at a brisk pace, it reported Wednesday.
May 08, 2013
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India's startups lacking guardian 'angels'
It is seen as a land of entrepreneurs, economic growth and huge business potential, but India appears to be failing its promising startup companies which are struggling to find investors.
May 08, 2013
5 / 5 (1)
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