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Thursday, October 10, 2013

Technology Report: BlackBerry co-founder considers bid to buy company: filing

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10/10/2013
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BlackBerry co-founder considers bid to buy company: filing
TORONTO (Reuters) - BlackBerry Ltd co-founder Mike Lazaridis has increased his stake in the struggling smartphone maker and is considering buying the entire company, according to a securities filing on Thursday.
U.S. cable companies home in on security
(Reuters) - Consumers are increasingly turning to an unlikely source for home security - the cable company.
British regulator proposes fee hike for mobile network operators
LONDON (Reuters) - Mobile network operators may face a four-fold hike in licence fees to rent the radio spectrum in Britain, under plans unveiled by telecoms industry regulator Ofcom on Thursday.
Mobile security software maker Lookout raises $55 million
BOSTON (Reuters) - Lookout, one of the world's biggest providers of mobile security software, said on Thursday that it has raised $55 million in financing.
Liberty's Malone says cable companies should create Netflix rival
NEW YORK (Reuters) - Cable pioneer John Malone said on Thursday that cable companies should team up to create a Netflix-like rival that would deliver programming to consumers over the Internet on a national basis.
Chipmaker Micron's quarterly net profit misses expectations
SAN FRANCISCO (Reuters) - Micron Technology posted a fiscal fourth-quarter net profit on Thursday, helped by a strong recovery in memory chip prices, but it was shy of Wall Street's expectations.
Richemont says Net-a-Porter unit is not for sale
ZURICH (Reuters) - Richemont SA on Thursday said its online fashion retail unit Net-a-Porter was not for sale.
Exclusive: Alibaba decides against Hong Kong IPO, not yet committed to other exchange - CEO
HANGZHOU, China (Reuters) - Chinese e-commerce company Alibaba Group Holding Ltd has decided not to list its shares in Hong Kong, but has not yet committed to listing on any other exchange, including the New York Stock Exchange, CEO Jonathan Lu told Reuters on Thursday.
Telecom Italia likely to name new chairman on November 7: source
MILAN (Reuters) - Telecom Italia is likely to decide on former chairman Franco Beranbe's successor on November 7, when its board meets to discuss a new business plan, a source close to the matter said.
Deutsche Telekom haggles with buyout firms over Scout24 sale: sources
FRANKFURT (Reuters) - Five buyout firms are expected to bid next week for a stake in Deutsche Telekom's online classified advertising business Scout24, valuing the equity and debt of the whole unit at $2.2-2.3 billion, three sources close to the process said.
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