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Wednesday, July 16, 2014

Technology Report: EBay's second-quarter revenue climbs 13 percent

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07/16/2014
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EBay's second-quarter revenue climbs 13 percent
SAN FRANCISCO (Reuters) - EBay Inc posted a 13 percent rise in quarterly revenue on Wednesday, as it fends off increasing competition from arch-foe Amazon.com Inc and a growing number of smaller niche retail websites.
Apple agrees to conditional $450 million e-books antitrust accord
(Reuters) - Apple Inc has agreed to pay $450 million to resolve U.S. state and consumer claims the iPad manufacturer conspired with five major publishers to fix e-book prices, according to court records filed Wednesday.
Apple-IBM deal dents BlackBerry's prospects, slams stock
TORONTO (Reuters) - BlackBerry Ltd's shares took a beating on Wednesday after IBM Corp outlined plans to partner with Apple Inc to sell iPhones and iPads loaded with applications for business users.
SanDisk quarterly revenue rises 10 percent
(Reuters) - Memory chipmaker SanDisk reported an 11 percent rise in second-quarter revenue as its growing focus on high-end solid-state drives helped offset volatile prices for memory chips.
Google's Street View takes on America's gas leaks
NEW YORK (Reuters) - Google Inc's Street View cars have captured the world's roads, highways and back alleys for years. Now they are being used for something entirely different: detecting the thousands of natural gas leaks blighting major U.S. cities.
Big investors see cybersecurity as opportunity
NEW YORK (Reuters) - Cyberattacks on U.S. businesses could be an opportunity for investors as companies spend money to upgrade their infrastructures, big-name money managers said on Wednesday at a conference geared to sharing potential blockbuster ideas.
Amazon ponders Netflix-like service for ebooks: report
SAN FRANCISCO (Reuters) - Amazon.com Inc is considering a new e-book subscription service called "Kindle Unlimited," that aims to replicate popular video-streaming models for the digital books market, according to several online reports and a test page that briefly appeared on the Internet retailer's website.
Intel shares hit decade high on strong revenue forecast
(Reuters) - Intel Corp's shares rose as much as 7 percent to a decade-high, after the world's largest chipmaker forecast quarterly revenue above analysts' estimates on demand from companies looking to replace old PCs.
Exclusive - Red flags: Alibaba's Ma and Ma's private equity firm
HONG KONG/BEIJING (Reuters) - When a fast-growing private equity firm co-founded by Jack Ma sought funding from institutional investors for the first time in early 2013, almost all had one major concern, its chairman said: was the firm independent from Ma, the influential executive chairman of Alibaba Group Holding, China's e-commerce giant.
New York luster may lure Japan messaging app Line's IPO away from Tokyo
TOKYO/SEOUL (Reuters) - Tokyo may struggle to get a piece of a listing that could value Japan's social messaging service Line Corp at up to $20 billion, with bankers saying New York is a more likely venue as a base for global expansion to build on explosive growth at home.
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