Netflix adds 2 million US subscribers in 1Q
Netflix's decision to feature original programming on its Internet video service appears to be pulling in more customers.
Apr 22, 2013
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Apr 22, 2013
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How a phony tweet and computer trades sank stocks (Update)
For a few surreal minutes, a mere 12 words on Twitter caused the world's mightiest stock market to tremble.
Apr 24, 2013
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Coinstar's 1Q earnings drop as Redbox growth slows
(AP)—Coinstar's first-quarter earnings plunged 58 percent amid signs that its Redbox kiosks for DVD rentals are losing their appeal as more people switch to Netflix and other Internet video services.
Apr 25, 2013
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China's Baidu reports slower profit growth (Update)
Baidu Inc., which operates China's most popular search engine, reported slower profit growth in its latest quarter Friday as costs rose sharply and competition for its new mobile service intensified.
Apr 26, 2013
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Alibaba buys $586 mn stake in China's Sina Weibo
Chinese online retail giant Alibaba has struck a deal to buy a $586 million stake in popular Chinese social network site Sina Weibo amid rumours that it is preparing for a stock market listing.
Apr 29, 2013
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NY Times gains in otherwise grim newspaper sector
The New York Times, boosted by gains in digital readers, rose to the number two spot among US daily newspapers in a sector still struggling with falling print circulation, industry figures showed Tuesday.
Apr 30, 2013
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Tablet sales surge as consumers shun PCs
Global sales of tablet computers surged by 142.4 percent in the first quarter of 2013 as more and more consumers chose small-screen devices over PCs, research figures showed.
May 02, 2013
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Google takes stake in Lending Club
Internet giant Google said Thursday it has acquired a $125 million minority stake in peer-to-peer online loan company Lending Club.
May 02, 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
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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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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 hit by first strike in Germany
German employees of Amazon staged their first-ever walkouts on Tuesday as the US Internet retail giant was hit by a dispute over pay.
May 14, 2013
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Hedge fund boss Loeb lobbies for breakup of Sony (Update 4)
The U.S. hedge fund manager renowned for shaking up Yahoo Inc. has set his sights on Sony Corp., proposing that the Japanese electronics giant spin off up to 20 percent of its movie, TV and music division ...
May 14, 2013
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EU raids oil majors in probe over possible price fixing
The European Commission has carried out surprise inspections at several major oil companies over possible price fixing in breach of EU anti-trust rules.
May 15, 2013
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Fresh anger over Amazon's UK tax bill
Internet giant Amazon on Wednesday came under fresh fire over its British tax status after official figures revealed it only paid £2.4 million ($3.6 million, 2.8 million euros)on UK sales of £4.2 billion ...
May 15, 2013
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