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| United Tech elevator, jet-engine orders slow, shares drop | |
| July 22nd, 2014 by admin United Technologies Corp posted tepid quarterly orders for its Otis elevators and Pratt & Whitney jet engines businesses, and shares of the diversified U.S. manufacturer fell nearly 2 percent on Tuesday. The company also cut its cash flow forecast for the | |
| EU antitrust regulators likely to step up Google probes: WSJ | |
| July 22nd, 2014 by admin European Union antitrust regulators are preparing to step up investigations of Google Inc’s practices on several fronts and are likely to revise certain terms of a settlement involving its search engine that was proposed earlier this year, the Wall Street Journal reported | |
| CBS Outdoor buys Van Wagner billboard unit for $690 million | |
| July 21st, 2014 by admin CBS Outdoor Americas Inc said Monday it would buy the billboard business from Van Wagner Communications, a privately held company with outdoor advertising in New York’s Times Square and on buses on the Las Vegas strip, for $690 million in cash. The | |
| Israel’s Mobileye starts road show for $500 million NYSE IPO | |
| July 21st, 2014 by admin Mobileye N.V., which makes software and cameras that help cars avoid accidents, said on Monday it has launched a road show for its U.S. initial public offering of around $500 million. The Israeli based company will sell 27.75 million shares – 8.325 | |
| Payments startup Stripe launches in Australia, tests in three other countries | |
| July 21st, 2014 by admin Stripe launched in Australia and began testing in three Scandinavian countries on Monday, as the three-year-old payments startup backed by a trio of PayPal co-founders slowly enlarges its global footprint. Its latest international expansion came after it struck a rare deal with | |
| China’s JD.com takes aim at Alibaba with Paipai relaunch | |
| July 17th, 2014 by admin Chinese e-tailer JD.com on Thursday relaunched its Paipai online marketplace, opening a new front in its escalating battle against the country’s e-commerce market leader Alibaba Group Holding. Paipai’s relaunch marks the first time that JD.com, the No.2 player by market share, has | |
| IBM beats revenue estimates, EPS | |
| July 17th, 2014 by admin International Business Machines Corp reported higher than expected quarterly revenue and earnings per share, as it continued its shift to higher-end businesses such as big data, cloud computing, and security and mobile services. Total revenue fell 2 percent to $24.4 billion | |
| Jawbone adds food-tracking to its wristbands | |
| July 16th, 2014 by admin Jawbone, maker of wireless headsets and wristbands, is pushing a new food-tracking service it hopes will catch on with health-conscious weight-watchers. In a move to grow its share of the nascent wearables market, the San Francisco-based company on Wednesday introduced | |
| Startup Lets Offices Know Who Just Walked In | |
| July 4th, 2014 by admin A Boston-based startup is helping companies track their employees around the office using wireless sensor beacons, to improve collaboration. n the office of the future, you may not so much walk into a room as log into it automatically. That’s | |
| Some prominent hedge funds hurt by tech are back with gains | |
| July 4th, 2014 by admin For some hedge funds hurt by tumbling technologystocks earlier this year, tenacity has been a virtue. Andor Capital and Tiger Global Management, two of the industry’s most closely watched investment firms, delivered good news to clients as they finalized first-half returns. Tiger Global, | |