Author Archives
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As a Strategy to Monetize Posts, Facebook is Considering Launching ‘tip jar’ Application
To allow users to be able to tip small amounts of money to the pages and people they like the most, Facebook is contemplating the addition of a a virtual “tip jar” service to the world’s largest social networking platform… Read More ›
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Decline in PC Industry Forces Intel to cut up to 12,000 Jobs
As Intel Corp refocuses its business towards making microchips that power data centers and Internet connected devices and away from the declining personal computer industry it helped found, the company said it would cut up to 12,000 jobs globally, or… Read More ›
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Vista Equity Partners to Acquire Cvent, Inc. for $1.65B
Affiliates of Vista Equity Partners, a leading private equity firm focused on investments in software, data and technology-enabled businesses is all set to acquire Cvent Inc. and entered into a definitive agreement with the later for acquiring. Substantial value to… Read More ›
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Oil Traders Sweat after Doha Failure over Saudi’s Other Warning
Oil traders are weighing another implied warning from the Saudi deputy crown prince: the threat of an intensifying clash with Iran over market share, after his comments thwarted supply negotiations in Doha. Talks between 16 producing countries on April 17… Read More ›
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Alarming SUV Boom in China and the Consequences
The Chinese government hopes to boost the number of clean vehicles on the road 10-fold by the end of the decade through the spending billions on research grants, steep subsidies and new infrastructure — such as charging stations — to… Read More ›
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U.S. Supreme Court Rejects Challenge to Google Book-Scanning Project
A challenge filed in the US Supreme Court by authors who contend that Google’s massive effort to scan millions of books for an online library violates copyright law was turned down by e court on Monday as it declined to… Read More ›
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CEO Dudley’s Pay Rise Voted against by BP Shareholders
Controversy over BP CEO Bob Dudley’s pay package amid falling profits and job losses at the oil major saw a barrage of complaints from its shareholders on Thursday. Its worst ever results reported in 20 years, the London-listed company reported… Read More ›
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Plans to Deal ‘hammer blow’ to Tax Evasion by UK and European Allies
In a direct response to the Panama Papers leak that exposed how the world’s richest and most powerful people hide their wealth from tax authorities, Britain and its European allies have announced new rules designed to be a “hammer blow”… Read More ›
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Wild Markets and Tame Gains seen by Goldman Asset $15 Billion Manager
Bouts of volatility will continue as nervous investors dump shares at even the slightest hint of bad news, says Suneil Mahindru the chief investment officer for international equities at Goldman Sachs Asset Management, who oversees about $15 billion. As low… Read More ›
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Google Raided by Facebook to Get Head for New Lab
Poaching the former director of the US research agency DARPA to lead a new research and development lab focused on large technological leaps, Facebook has hired Regina Dugan from Google. The new unit called Building 8 will create products to… Read More ›
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