Flamboyant former Japanese Internet tycoon leaves jail
Japan's one-time maverick Internet tycoon Takafumi Horie used Twitter Wednesday to announce his release from prison after serving nearly two years for accounting fraud.
Other
Mar 27, 2013
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Groupon hammered after fresh losses
Groupon shares took a nosedive Wednesday after the online deals giant surprised markets by reporting fresh losses in the past quarter and a weaker-than-expected outlook.
Business
Feb 27, 2013
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Yahoo! buys iPhone app maker Alike
Yahoo! on Tuesday said it acquired the startup behind an iPhone application that lets people know if nearby venues are like places that suit their tastes.
Business
Feb 12, 2013
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Sirius XM Radio promotes Meyer to interim CEO (Update)
(AP)—Satellite radio company Sirius XM Radio has named one of its executives, James Meyer, as its interim CEO while it looks for a replacement for Mel Karmazin.
Business
Dec 19, 2012
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Cisco to acquire Meraki for $1.2 billion
American information technology firm Cisco said it will acquire Meraki Inc., a leader in cloud networking, in a deal worth $1.2 billion.
Business
Nov 19, 2012
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Nokia buys 3D mapping firm in location services push
Finnish mobile phone maker Nokia announced plans to buy a California firm specializing in rendering the real-world in 3D as it beefed up mapping services for smartphone lifestyles.
Business
Nov 14, 2012
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Thomson Reuters profit tops forecasts
Financial news and information group Thomson Reuters said Friday third-quarter profit rose 25 percent from a year ago to $462 million, led by its financial and audit services.
Business
Nov 2, 2012
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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.
Business
Oct 22, 2012
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India's Infosys pays $350 mn for Swiss consultancy
Indian IT outsourcing giant Infosys said Monday it had agreed to buy Zurich-based consulting firm Lodestone for $350 million as part of its strategy to move into higher value services.
Business
Sep 10, 2012
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India's Satyam quarterly profit jumps 56%
Indian software outsourcer Mahindra Satyam on Thursday said its quarterly net profit rose 56 percent year-on-year, beating forecasts as orders climbed.
Business
Aug 2, 2012
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