its mylife aqmar: Technology Roundup: Baidu to buy Chinese app store for...

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Tuesday 16 July 2013

Greetings Edward

LATEST NEWS Baidu to buy Chinese app store for $1.9 billion (Reuters) - Baidu Inc, China's top search engine, plans to acquire app store 91 Wireless for $1.9 billion to strengthen its foothold in the country's highly competitive mobile computing sector. | Full Article Apple in talks to buy Israel's PrimeSense: report 16 JUL 2013 11:33 BST TEL AVIV (Reuters) - Apple is in early negotiations to buy Israel-based PrimeSense, a developer of chips that enable three-dimensional machine vision, for $280 million, the Calcalist new website said on Tuesday. | Full Article Australia election threatens shape of $34 billion broadband plan 15 JUL 2013 22:08 BST SYDNEY (Reuters) - The future of an ambitious project to connect almost all Australia's far-flung inhabitants to high-speed internet, the largest infrastructure enterprise in the country's history, is hanging on the outcome of an upcoming federal election. | Full Article Apple in talks to buy Israel's PrimeSense - report 16 JUL 2013 11:39 BST TEL AVIV (Reuters) - Apple is in early negotiations to buy Israel-based PrimeSense, a developer of chips that enable three-dimensional machine vision, for $280 million (185.3 million pounds), the Calcalist new website said on Tuesday. | Full Article Rocket Internet founder aims to triple portfolio in 5 years 16 JUL 2013 12:55 BST FRANKFURT (Reuters) - Rocket Internet, the venture capital company behind online brands such as retailer Zalando, says investors' growing interest in internet businesses could help it more than triple its portfolio over the next five years. | Full Article

DAILY INVESTOR BoE's Fisher says forward guidance may smooth stimulus exit 16 JUL 2013 13:27 BST LONDON (Reuters) - Giving markets clearer guidance about when interest rates will rise may help the Bank of England steer a smoother exit from exceptional stimulus measures, a top policymaker said on Tuesday. | Full Article Coca-Cola second-quarter profit falls 16 JUL 2013 12:56 BST (Reuters) - Coca-Cola Co said its quarterly profit fell due to ongoing economic malaise and unusually poor weather, sending its shares down. | Full Article Inflation rises less than forecast in June, may have peaked 16 JUL 2013 11:24 BST LONDON (Reuters) - Inflation hit its highest level in more than a year in June but the rise was less than expected, giving the Bank of England a touch more leeway to support the country's fragile economic recovery. | Full Article Miners, retailers support FTSE at 1-1/2 month highs 16 JUL 2013 12:00 BST LONDON (Reuters) - The FTSE 100 steadied around 1-1/2 month highs on Tuesday, with the struggling mining sector cheered by a solid trading update from Rio Tinto as news of slowing inflation supported retailers. | Full Article J&J results beat expectations, as drugs, devices deliver 16 JUL 2013 13:22 BST (Reuters) - Johnson & Johnson reported higher-than-expected second-quarter earnings as strong sales of prescription drugs and medical devices more than offset anaemic growth of its consumer products. | Full Article

WORLD NEWS Seven dead as police and protesters clash in Egypt Syria rebels reinforce key suburb in Damascus battle Europe to call for U.S., Japan fiscal consolidation at G20 Snowden seeks temporary asylum in Russia - lawyer Thousands of Greeks join strike against public sector layoffs

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