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Bay Street firms have eyes on India

It would be India’s first big step into the oil sands. Recent reports from Indian media and international wire services say India’s state-owned Oil and Natural Gas Corp. Ltd. is among the bidders...

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Microsoft reports first loss in 26 years

Microsoft says an accounting adjustment to reflect a weak online ad business led to its first quarterly loss in 26 years as a publicly-traded company. The charge led to a $492 million US loss in the...

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Cloud vs Dedicated: Action plan for tech start-ups (India)!

So you have a good tech idea. If executed right it can make you a very rich person. But to transform and idea to reality, you need money. Not a whole lot in the beginning but none the less, you need...

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Google acquires Sparrow, the Apple-focused email app maker

Well, we can’t exactly say we saw this one coming. Sparrow, maker of popular email apps for iOS and Mac OS X, has just announced that it’s been acquired by Google. Expectedly, details on the...

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AMD reports Q2 earnings: continues to see revenues drop, $37 million net income

Well, things are looking slightly better for AMD this quarter. While revenues continued to decline the company actually posted a profit of $37 million, a stark contrast to $590 million net loss from...

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Cisco to lay off another 1,300 employees

Cisco Systems plans to reduce its global workforce by about 2 percent, or 1,300 positions, as part of the company’s continuing restructuring to cut costs and increase profits. The layoffs are “part of...

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Apple to Samsung: You Give Us $2.5 Billion and We’ll Give You a...

Apple has put a dollar figure on the damages it believes that it is owed by Samsung for the company’s alleged infringement of its patents, and it’s an awfully big number. According to a court filing...

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The Google Overkill – How much is too much?

I consider myself a very fussy internet user. I don’t like sites that don’t interest me and I don’t like to participate in social centric activities either. What I do appreciate though is when I find a...

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Apple Throws $356 Million at Making Its Security Better—And Making Android’s...

Reuters is reporting that Apple has bought AuthenTec—a company which makes secure fingerprint sensors and precision touchscreen solutions—for $356 million. Either it’s gotten extremely serious about...

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Facebook Earnings: Just Under a Billion Users, Just Over a Billion Revenue

There are 955 million people in this world with Facebook accounts, and they collectively poured $1.18 billion into Zuck & Co.’s coffers these last three months. Which, hey, not a bad welcome to...

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