Posts Tagged ‘the-original’

Time for Samsung to Download More Cash

October 26, 2013  |  All Things Digital  |  No Comments

It was another record-breaking profit quarter at Samsung Electronics, but investors remain unimpressed. The stock needs a new catalyst, and more cash payouts to shareholders would do the trick. Read the rest of this post on the original site

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Publishing Executive Larry Kirshbaum to Leave Amazon

October 25, 2013  |  All Things Digital  |  No Comments

One of Amazon.com Inc.’s top book publishing executives, Laurence Kirshbaum, will leave early next year, Amazon said, a sign of the difficulties the retailer has had in establishing itself as a major book publisher. Mr. Kirshbaum, 69, has been with Amazon since the summer of 2011, initially as vice president and publisher of Amazon Publishing’s New York office and later as editorial director for imprints on both the east and west coasts. He earlier ran the book operations formerly owned by Time Warner Inc. Read the rest of this post on the original site »

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UnitedHealth Unit Tapped to Repair Health-Law Website

October 25, 2013  |  All Things Digital  |  No Comments

The Obama administration said Friday it has named a unit of UnitedHealth Group Inc. to oversee repairs to its troubled health-insurance website and for the first time gave a specific estimate — the end of November — for when the site would be fixed. The move followed a congressional hearing Thursday at which contractors for the site said each of their individual parts functioned but no one in the government made sure all of them worked together properly. The federal Centers for Medicare and Medicaid Services acted as its own systems integrator for the site — an unusual arrangement for such a complex project. Read the rest of this post on the original site »

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Samsung’s Profit Climbs 26 Percent

October 25, 2013  |  All Things Digital  |  No Comments

Samsung Electronics Co. said its third-quarter net profit rose 26 percent from a year earlier to another record as smartphones and its chip division helped drive earnings. As smartphone margins plateau, Samsung is finding refuge from a cyclical upturn in memory chips. The division’s margins have nearly doubled from a year earlier. The importance of Samsung’s chip unit — composed of memory and logic chips — is being highlighted as it now accounts for roughly one-fifth of its total operating profit. Read the rest of this post on the original site »

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Juniper Profit Surges as Revenue Climbs

October 22, 2013  |  All Things Digital  |  No Comments

Juniper Networks Inc.’s third-quarter profit more than quadrupled as the network-gear company recorded an uptick in revenue and lower expenses. Juniper — along with rival F5 Networks Inc., which reports third-quarter results Wednesday — reported signs of weaker demand earlier this year. Juniper on Tuesday, however, suggested that markets are improving, with Chief Executive Kevin Johnson saying the company continues to see strong demand from its service-provider customers and is gaining traction in enterprise sectors. Read the rest of this post on the original site »

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Alibaba: NYSE, Nasdaq Approve Partnership Structure Proposal

October 21, 2013  |  All Things Digital  |  No Comments

The New York Stock Exchange and the Nasdaq Stock Market have each agreed to let Alibaba Group Holding’s founder and senior management team have control over the board of the Chinese e-commerce giant if it seeks to list its stock on the exchanges, Alibaba said. The approvals mean fewer hurdles for a possible U.S. initial public offering by Alibaba. The deal, if it happens, could be the largest Internet IPO since Facebook Inc.’s market debut last year. Read the rest of this post on the original site »

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Canadian Government Likely to Seek Promises From Lenovo in Blackberry Bid

October 19, 2013  |  All Things Digital  |  No Comments

If Lenovo winds up bidding for troubled Canadian smartphone maker BlackBerry, the Chinese computer company should prepare for heavy scrutiny in the U.S. and Canada. It may also be asked to make significant promises to BlackBerry’s home country. Recent sizable Canadian acquisitions by foreign companies suggest that Lenovo might have to make firm commitments around job protection and research and development spending, or pledge to seek a listing on a Canadian exchange, in order to get a green light from Ottawa. Read the rest of this post on the original site »

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Mark Cuban Cleared in Insider-Trading Case

October 16, 2013  |  All Things Digital  |  No Comments

A federal jury cleared Mark Cuban of insider trading Wednesday after 3 1/2 hours of deliberations, handing the billionaire a resounding victory five years after the government brought its charges. The Securities and Exchange Commission had sued Mr. Cuban in civil court, alleging that he traded on material, nonpublic information when he sold his investment in Canadian Internet search company Mamma.com in June 2004 before it announced a private offering of shares that caused its stock to drop. Mr. Cuban denied the allegations and said after the verdict that he spent more on his defense than it would have cost to settle the case. Read the rest of this post on the original site »

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U.S. Rethinks How to Release Sensitive Economic Data

October 11, 2013  |  All Things Digital  |  No Comments

Federal officials are discussing changes to how the government releases sensitive economic data, seeking to bring the system in line with fast-moving financial markets. While the talks are preliminary, officials are driven by their growing concern about leaks and their unease that high-speed trading firms can trade on market-moving numbers before other investors, say people familiar with the discussions. Read the rest of this post on the original site »

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One Big Doubt Hanging Over Twitter’s IPO: Fake Accounts

October 6, 2013  |  All Things Digital  |  No Comments

At 4:45 p.m. on Thursday, the Twitter account for Mashable — one of the earliest movers into the now endless world of social media news sites — sent out its 60th tweet for the day. The tweet itself wasn’t particularly interesting, but what happened next was a small window into one of the biggest challenges Twitter will face as it seeks to convince investors that its more than 215 million users are one of the web’s most lucrative — and undeveloped — advertising audiences. Read the rest of this post on the original site »

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