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Google completes $750 mln AdMob buy on FTC nod

Google Inc. tightened its grip over the digital advertising market by announcing, Thursday, it has completed the $750 million purchase of mobile advertising network AdMob.

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HP to invest $1 billion in automating commercial data centers, cut jobs

World's No.1 PC maker Hewlett-Packard (HP) said, Tuesday, it will invest $1 billion to automate its commercial data centers and cut costs by slashing 3 percent of its workforce or 9000 jobs, in its bid...

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HP plans 9000 job cuts to shed flab

Tight economic conditions have prompted the world's No.1 PC maker Hewlett-Packard (HP) to announce, Tuesday, that it would slash 3 percent of its workforce or cut 9000 jobs over the next three years.

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3D TV sales: no blockbuster here

Avatar may be one of the highest grossing movies of all time, but the prospect of seeing it in 3D at home isn't pushing sales of 3-D televisions.

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Microsoft launches 'Windows Embedded Compact 7' for ARM-powered tablet devices

Microsoft yesterday launched its latest incarnation of Windows Embedded operating system aimed at tablet, media and portable PC's.

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DivX Buy Part of Larger Battle

The acquisition of DivX by Sonic Solutions is part of a larger battle over how people will watch - and more importantly pay for - video online.

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Sonic Solutions sees "strategic sense" in $323 million DivX acquisition

Digital media software maker Sonic Solutions said on Wednesday that it saw "overwhelming strategic sense" in the $323 million acquisition of digital media firm DivX Inc.

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Dell: Streak Isn't Going After iPad's Market

Dell says the Streak isn't supposed to replace either tablets or PCs, according to CEO Michael Dell, in remarks at a gathering of investors and analysts in New York.

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Sprint Debuts 4G Phone

Sprint Nextel released the HTC EVO 4G, the nation's first 4G supported phone to the American public by making it available at various retail and online outlets.

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Cisco says it will create 3000 jobs, expand into new businesses

Cisco Systems Inc., the world's largest network equipment maker, said on Friday that it plans to create 3000 jobs in this quarter and the next to enlarge the workforce in its sales and new markets...

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AT&T, Other Carriers Follow The Money

AT&T has received a lot of flak for its new data plans for smartphones. But like other carriers it is only going where the money is.

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Jobs Unveils iPhone 4

Steve Jobs announced the new iPhone will include an advertising feature that will pay for app development as well as improved video, OS

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Lockheed Martin gets $142 mln US army contract

Persistent Threat Detection Systems is a tethered aerostat-based system, capable of staying aloft for weeks at a time, which provides round-the-clock surveillance of broad areas. Lockheed Martin said...

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HTC Eyes Software With Abaxia Deal

By bringing aboard French-based software developer Abaxia, HTC has its sights set on expanding its software capabilities

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TI: 2Q Earnings Look Good

Texas Instruments Inc <TXN.N> said its second-quarter earnings and revenue would be at the high end of its previous estimates.

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Texas Instruments Says Demand Strong

Texas Instruments Inc <TXN.N> said second-quarter earnings and revenue would be at the high end of its previous estimates, citing strong broad-based demand for its chips, particularly from...

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Sprint Says It Overstated EVO Launch Day Sales

Sprint Nextel Corp said on Tuesday it had inadvertently overstated the launch day sales of the much anticipated EVO 4G phone from HTC Corp, which is touted as a serious competitor to Apple's iPhone 4.

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Hitachi Still Expects to Win UK Train Deal

Japan's Hitachi Ltd <6501.T> said it still expects to win an order for a large train project in Britain, but it acknowledged that some modifications to the $11 billion deal were likely.

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Xerox: ACS Buy A Positive

At a conference with investors, Xerox chief financial officer Lawrence Zimmerman gave a positive outlook on the company's ACS acquisition

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Suit Claims HP Stole Trade Secrets

Hewlett-Packard Co <HPQ.N> was sued on Wednesday by a New Jersey company that accused it of stealing and using its trade secrets to make replacement laser printer cartridges, and threatening its...

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SIA forecast expects chip sales to touch $290.5 bln in 2010

SIA said it now projects 6.3 percent growth in 2011 worldwide chip sales to $308.7 billion, followed by 2.9 percent growth in 2012 worldwide chip sales to $317.8 billion.

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Apple Faces U.S. Antitrust Scrutiny

U.S. antitrust regulators plan to investigate whether Apple is unfairly restricting rivals such as Google from carrying ads on the iPhone, iPad and iPod, the Financial Times said.

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Samsung: Our Screens Are Still Better

Samsung Electronics says the iPhone's display technology is not a competitive threat.

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Tellabs: AT&T Not Leaving Us For Cisco

Tellabs chief financial officer Tim Wiggins expresses confidence that Tellabs will continue significant business with AT&T, despite reports to the contrary

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U.S. Industry Eyes Win in IT Trade Case vs. EU

U.S. technology companies hope a preliminary World Trade Organization ruling expected on Friday will persuade the European Union to drop tariffs on three products at the center of the dispute.

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Dell allocates $100 million to cope with SEC investigation

Dell has allocated $100 million to cope with an SEC investigation of the company's dealings with Intel. The investigation started in 2005.

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Motorola, RIM End Licensing Dispute

Motorola and BlackBerry maker Research In Motion have reached a technology licensing agreement, ending all litigation

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EMC Touts Virtual Data

EMC says its VPLEX Metro is the first virtual data storage system that can move information between data centers across long distances.

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Fujitsu, Toshiba Play Down Merger Story

Both Fujitsu and Toshiba downplayed newspaper reports of impending merger of their mobile phone operations

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HP Buys Operating Systems; A Move Away From Windows?

By bringing aboard Palm and now HyperSpace, analysts say HP is developing its own operating system away from Windows

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