Business Articles

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Kodak up after recommendation in patent battle

Stock in Eastman Kodak Co. rose Wednesday after staff investigators at the U.S. International Trade Commission sided with the photography pioneer in its patent-infringement battle with smartphone giants Apple Inc. and Research in Motion Ltd.

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LinkedIn sets high price ahead of IPO

The business-networking site LinkedIn Corp set the price of its stock in its initial public offering (IPO) at 45 dollars Wednesday, a day before the shares were due to go on public sale for the first time.

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Mira announces new GM

Mira Networks has appointed Deon Odendaal to the newly-created position of General Manager

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Toshiba to buy Swiss metering firm for US$2.5 billion

Toshiba and its Japanese partners plan to buy Swiss metering technology firm Landis+Gyr for 200 billion yen ($2.5 billion), local media said on Tuesday.

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Vodafone reports profit drop for financial year 2011

Mobile telecommunications giant Vodafone reported a 7.8-percent drop in adjusted annual operating profit on Tuesday, reflecting the sale of its stake in SFR.

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Leaked memo shows Hewlett-Packard CEO jitters

A leaked memo from Hewlett-Packard Co. CEO Leo Apotheker warning of "another tough quarter" underscores the urgent concerns about the technology heavyweight's growth strategy and the challenges facing its new leader.

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Vodacom delivers revenue growth in a competitive market

Growing demand for data services, particularly in South Africa, has once again buoyed revenue growth for Vodacom despite the impact of reduced interconnection rates and a more competitive environment.

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Vodacom increases profits in financial year 2011

Vodacom today (16 May 2011) released their latest financial results, showing a 28% increase in year-on-year profits

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Outrage at CIPC, Cipro's replacement's website

CIPC admits it has “teething problems” as companies complain.

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Yahoo, Alibaba: We're "committed to" negotiations

Yahoo Inc. and Alibaba Group released a joint statement Sunday saying they are "engaged in and committed to productive negotiations," giving few details but aiming to present a united front as tension grows between the two tech giants.

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