Amazon.com Breaks Dot-Com Record as Profit Beats.
The world’s largest online retailer climbed as much as 23 percent to $114.75 after reporting a 69 percent jump in profit and a 28 percent gain in revenue.
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Source Bloomberg: http://bit.ly/Ntljc
DIGG ACQUIRES KEVIN ROSE SIDE PROJECT WE FOLLOW
“Digg has long been planning to launch a more real time version of the site, and we’ve speculated that Digg will soon surface new top stories based at least partially on stuff becoming popular on Twitter and other similar services. WeFollow gives Digg data on who the top Twitter users are for various categories.”
Source: Techcrunch: http://bit.ly/32Xysq
Source:Techcrunch
Source Techcrunch: http://bit.ly/1kyzYq
In Latest Deal, Cisco Buys Starent for $2.9 Billion
For Cisco, the acquisition is a major bet that consumers and workers will keeping pulling down ever larger amounts of data onto smartphones and laptops via wireless networks. Starent’s hardware and software products make it possible tocreate and manage high-speed data service
At $35 billion, Cisco’s war chest remains larger than any other technology company, and Mr. Chambers ( CEO) has vowed to direct part of that money to thrusting Cisco into an array of new markets.
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Source: New York times: http://bit.ly/1azqOE
Source Techcrunch: http://bit.ly/ZvoR8
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