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Tuesday, January 24, 2012 - 12:34pm
Did Apple Secretly Kill Off MegaUpload?
The popular file-hosting site is officially closed. But is someone other than the DOJ to blame? Users of Google+ are buzzing with controversy this week as people begin to realize that MegaUpload's closure came just one month after the company announced a new streaming music service: MegaBox....
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Playtime is Over for Chief Yahoo
Saturday, October 1, 2011 - 9:40pm
If you Google “Wean a Baby from its Bottle,” you learn one important fact. The bottle must go. You can do it fast or you can do it slow, but in the end the baby has to stop the suckling. That is the nature of progress. Someone needed to tell that to Jerry Yang a long time ago. As a co-...
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Buying Opportunity As DOJ Joins SEC On China Stocks
Thursday, September 29, 2011 - 12:55pmToday, word hit the markets that the U.S. Department of Justice is helping the Securities & Exchange Commission look into “accounting irregularities” among U.S. listed Chinese stocks. This sent companies like Baidu.com, Inc. (ADR) (NASDAQ: BIDU) and Sohu.com Inc. (NASDAQ: SOHU) down over 10%....
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U.S. Government Seeking to Reject AT&T's $39 Billion Acquisition of T-Mobile
Wednesday, August 31, 2011 - 6:42pmAccording to a report from Bloomberg, the United States Justice Department has filed a complaint to block AT&T's $39 billion acquisition of T-Mobile, which was announced back in March of this year. The complaint cites that the deal going through would violate U.S. antitrust law. AT&T has...
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Google May Release Travel Search Product Following ITA Acquisition
Tuesday, July 5, 2011 - 3:58pmBack in April, Google's (NASDAQ: GOOG) acquisition of software airfare company ITA was approved by the Department of Justice. The purchase cost Google $700 million, but gave the internet giant access to powerful software used by companies such as Expedia (NASDAQ: EXPE) and Kayak. According to...
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Tuesday, March 22, 2011 - 10:46am
AT&T Will Jump Through Hoops To Get Merger Approval (T, S, VZ)AT&T (NYSE: T) will have to comply with many requirements to gain government approval for its merger with T-Mobile. Many outlets are voicing concerns over a creation of a duopoly in the wireless industry. The merger of AT&T and T-Mobile would make this the largest wireless service...
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