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Business News

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On Tuesday, a San Francisco based start-up called Highfive unveiled a product that can make teleconferencing much less painful and forever banish dial-in codes …

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The International Monetary Fund (IMF) on Tuesday cut its global economic growth forecasts for the third time in 2014, due to even global recovery …

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According to a report in the New York Times, Facebook is reportedly working to launch a mobile app that allows users to interact with each other anonymously, …

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The European Commission is investigating Amazon Inc.’s 2003 tax arrangements with Luxembourg, following a series of similar investigations concerning global giants including Apple in …

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Microsoft Corp. has reportedly signed a letter of intent to acquire Israeli text analysis startup Equivio, an individual acquainted with the matter revealed, as …

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General Motors Co.’s Cadillac brand and American Airlines Monday launched a partnership to bring a wide range of exclusive benefits to travelers, ranging from …

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Samsung Electronics Co. is investing US $14.7 billion (15.6 trillion Korean won) in a new chip plant in South Korea to keep up with …

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Hewlett-Packard Co, which has struggling to maintain its place in the new era dominated by mobile technology, now plans to split into two companies, …

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Emaar Properties, the only Dubai-based developer to have survived the intensive property crash without an annual loss, raised $1.6 billion in its initial public …

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With its business philosophy to run “just like IBM”, Lenovo has turned from China’s leading PC maker to the world’s no.1 largest PC maker, …

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Japanese telecommunications firm SoftBank Corp. is on the move to strike a deal with DreamWorks Animation, the studio behind animated films such as “Kung …

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Comcast renowned for its reputation of providing awful customer service is doing everything to change its image. Right from its customer service representatives to …

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Waterloo, Ontario based BlackBerry Inc., posted a loss of $207 million in the second quarter on Friday just days after the launch of its …

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Activist investor Jeffrey Smith, in a letter on Friday urged Yahoo Inc. to buy AOL Inc. and to head in a direction where they …

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The Royal Bank of Scotland on Thursday announced that its chairman, Philip Hampton, would step down from its board a year from now and …

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In an effort to regain some of the lost ground in the global market, BlackBerry Ltd. plans to officially launch its much-anticipated and potentially …

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Oracle’s compensation committee has modified its executive compensation plan, tying pay packages more closely to the company’s performance giving in to pressure from shareholders …

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Starbucks Corp on Tuesday unveiled plans to take full ownership of the remaining 60.5 percent stake of Starbucks Coffee Japan Ltd valued at about …

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The Federal Bureau of Investigation has issued a warning to U.S. companies regarding the mushrooming number of resentful employees taking it on them by …

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Japanese conglomerate, Mitsubishi Corp., proposed a $1.4 billion bid to buy Norwegian fishery Cermaq in a strategic move to expand its food business. The …

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The Hopkinton, Mass., based EMC Corporation, which is currently facing mounting pressure from a massive activist hedge fund, is seeking optimistic results in merger …

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