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Thursday, April 11, 2013

Technology Report: PayPal acquisition brings 'growth hackers' into the fold

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04/11/2013
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PayPal acquisition brings 'growth hackers' into the fold
SAN FRANCISCO (Reuters) - PayPal said on Thursday it acquired start-up Iron Pearl, bringing noted "growth hackers" Stan Chudnovsky and James Currier on board to help the online payments service expand more quickly.
Google moves to end EU antitrust probe without fine
BRUSSELS (Reuters) - Google has formally submitted a package of concessions to European Union competition regulators in a strong signal that the world's No. 1 search engine may be able to settle a two-year antitrust investigation without a fine.
Cybercrime ring attacks videogame companies for years-researcher
SAN FRANCISCO (Reuters) - Cybersecurity researchers have uncovered a Chinese hacking ring that they said broke into the servers of dozens of online videogaming companies and stole valuable source code over a four-year period.
Facebook's Zuckerberg calls for U.S. immigration reform
SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg said the U.S. needs to fix a "strange" immigration policy that prevents promising but undocumented students from contributing to the country's future and doesn't provide enough visas for foreign workers with advanced skills.
Nvidia returns $1 billion to shareholders, mobile flat
SANTA CLARA, California (Reuters) - Nvidia Corp plans to return $1 billion to shareholders this fiscal year, the company said on Thursday, helping its shares trim earlier losses caused by worries about its mobile business and a slumping PC market.
Foursquare resorts to debt in latest financing
SAN FRANCISCO (Reuters) - Foursquare, a service that helps smartphone users find nearby restaurants, shopping venues, clubs and tourist attractions, said on Thursday it raised $41 million in a new financing round that relied on debt, rather than equity, to give the start-up the money it needs to keep expanding.
Time Warner hires Eastdil to market its New York headquarters
NEW YORK (Reuters) - Time Warner Inc said on Thursday that it has hired Eastdil Secured LLC's Doug Harmon to market its headquarters to determine how much the building would fetch should the company decide to sell it.
EXCLUSIVE-Two buyout groups ready BMC Software final bids -sources
NEW YORK (Reuters) - Business technology maker BMC Software Inc is expected to receive final takeover bids on April 22, with potential buyers pared down to two private equity groups, four people close to the matter said on Thursday.
Former Kleiner partner Ellen Pao lands job at website Reddit
SAN FRANCISCO (Reuters) - Ellen Pao, the former Kleiner Perkins Caufield & Byers junior partner who is suing the venture capital firm for gender discrimination, has landed a new gig at the social-news website Reddit.
Deutsche Tel deal compromise paves way to cutting U.S. exposure
FRANKFURT/NEW YORK (Reuters) - Sweetening the terms of a U.S. merger not only improves Deutsche Telekom's chances of getting a deal done, but may also pave the way for what some investors and bankers think it really wants - to reduce its exposure to a highly-competitive market.
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