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Mellanox CEO to see immediate profit boost from EZchip deal

/  20.01.2016  /  Technology 

TEL AVIV (Reuters) – Its $811 million acquisition of EZchip Semiconductor will add to Mellanox Technologies’ revenue and net profit immediately, Mellanox’s chief executive said on Wednesday.

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Apple seeks India government approval to set up retail stores

/  20.01.2016  /  Technology 

MUMBAI (Reuters) – Apple Inc has filed an application with the Indian government to set up its retail outlets in one of the fastest-growing smartphone markets, a spokesman for the Cupertino-based company said on Wednesday.

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Groups want U.S. to adopt strong broadband privacy rules

/  20.01.2016  /  Technology 

WASHINGTON (Reuters) – A coalition of U.S. groups on Wednesday urged the Federal Communications Commission to write sweeping privacy protections for the nation’s broadband users.

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Symantec to get $1 billion less cash in sale of Veritas to Carlyle

/  20.01.2016  /  Technology 

(Reuters) – Antivirus software maker Symantec Corp said on Tuesday it will receive $1 billion less in cash for its data storage unit Veritas from Carlyle Group LP , cutting the price of the biggest leveraged buyout of 2015 after debt backing the deal failed to sell.

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Facebook adds Android app support for anonymity service Tor

/  20.01.2016  /  Technology 

WASHINGTON (Reuters) – Users of Facebook Inc’s Android app can now privately browse the world’s largest social network through the anonymity service Tor, the company said on Tuesday.

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IBM revenue falls 8.5 percent as strong dollar weighs

/  20.01.2016  /  Technology 

(Reuters) – International Business Machines Corp reported an 8.5 percent fall in quarterly revenue as a strong dollar and tepid IT spending weighed on the Big Blue’s results.

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Netflix adds more subscribers than expected; shares rise

/  20.01.2016  /  Technology 

(Reuters) – Video-streaming service Netflix Inc’s quarterly subscriber additions topped its expectations, boosted by strong international growth, sending its shares up 8 percent in extended trading.

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India start-ups at risk as investors close taps, Modi fund falls short

/  20.01.2016  /  Technology 

MUMBAI (Reuters) – After pumping billions of dollars into Indian Internet start-ups in the last 24 months, global investors are cutting that flood back a trickle as dreams of huge online sales are clouded by soaring valuations and still-distant profits.

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U.S. lawsuit against founder of Facebook’s Oculus can proceed, judge says

/  20.01.2016  /  Technology 

SAN FRANCISCO (Reuters) – Part of a lawsuit can proceed against the founder of Facebook’s virtual reality glasses unit Oculus VR Inc, but a U.S. judge also dismissed several claims filed by another company which alleged the Oculus founder had passed off its confidential information as his own.

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Twitter says service problems resolved

/  19.01.2016  /  Technology 

(Reuters) – Twitter said on Tuesday outages affecting the social network on computers and phones, widely reported across Europe, the Middle East, Africa and North America, were caused by a glitch in a software update and had been resolved.

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