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News Corp. buoyed by strong profits after scandal

Media behemoth News Corp. posted strong profits Wednesday, boosting owner Rupert Murdoch's attempts to reassure investors after a damaging phone-hacking scandal in Britain.

Dutch high-tech group ASML reports Q1 profits slump

The Dutch company ASML, a supplier of computer chip-making systems and a global high-tech bellwether, posted on Wednesday a 28 percent drop in first-quarter profit owing to weaker demand.

Microsoft raises dividend 23 percent to 16 cents

(AP) -- Microsoft Corp. said Tuesday it is raising its quarterly dividend for the first time in two years in a move that will return more of the software maker's nearly $37 billion cash hoard to its shareholders.

Google buys instant messaging firm Meebo

Google has agreed to buy the online messaging firm Meebo, a move expanding the Internet giant's capabilities for instant sharing of Web pages using social networks.

Google buys social ad firm Wildfire

Google said Tuesday it was buying Wildfire, a startup specializing in advertising on social media such as Facebook and Twitter.

Cisco CEO's pay fell by third, same as share slump

(AP) -- Cisco Systems Inc. CEO John Chambers saw his pay package fall by nearly a third in the company's fiscal year that ended in July, a period when the company's shares dropped by about the same amount.

Kodak restructures amid bankruptcy battle

US photography giant Eastman Kodak, fighting to keep bankruptcy at bay, announced Tuesday a major restructuring to speed up its transformation into a digital company.

India's Wipro Q1 net profit up 18%, sees weak outlook

India's third-largest software firm Wipro on Tuesday said net profit climbed 18 percent in the fiscal first quarter but said the global outlook remained uncertain after it gave a muted revenue outlook.

Suspect arrested in JPMorgan, Dow Jones data theft case

A 32-year-old American formerly living in Moscow but wanted in the United States in connection with a massive theft of customer data from JP Morgan Chase and Dow Jones has been arrested, officials said Thursday.

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