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Twitter tops 145 million registered users: CEO
WASHINGTON — Twitter has over 145 million registered users and more people are using mobile devices to access the microblogging service, according to co-founder Evan Williams.Williams, in a post on the…
Fugitive tycoon Nadir finally in dock 17 years on
LONDON — Cypriot tycoon Asil Nadir, one of the country's most high-profile fugitives, finally appeared in court Friday after 17 years on the run to face claims he stole a fortune…
Swedish investment bank Carnegie buys troubled HQ
STOCKHOLM — Swedish investment bank HQ Bank said on Friday its competitor Carnegie would buy it after the authorities revoked its licences and forced it into liquidation."The board of HQ AB…
Police set to quiz Pakistani trio
LONDON — British police were expected Friday to quiz the three banned Pakistan cricketers embroiled in an alleged betting scam as the sport's world governing body was to explain their charges…
Swedish investment bank Carnegie buys troubled competitor HQ
STOCKHOLM — Swedish investment bank HQ Bank said on Friday its competitor Carnegie would buy it after the financial supervisory authority last weekend revoked its licences, forcing it into involuntary liquidation."The…
No new stimulus, but Obama seeks jobs ideas
WASHINGTON — The White House Thursday ruled out an "extraordinary" new economic stimulus plan to fire up the slowing recovery, but said President Barack Obama was scouting new ideas to boost…
Cisco buying smart grid specialty firm Arch Rock
SAN FRANCISCO — Computer networking powerhouse Cisco on Thursday announced it intends to buy smart grid specialty firm Arch Rock.Financial terms of the deal were not disclosed."Arch Rock's wireless mesh technology…
Dubai firm snaps up food chain Carluccio's
LONDON — Dubai-based retail giant Landmark Group has agreed to buy British restaurant chain Carluccio's for 90.3 million pounds, the companies said on Thursday.The management of Carluccio's, which serves Italian food,…
HP tops Dell with new bid for data storage co. 3PAR
NEW YORK — Hewlett-Packard raised its offer for 3PAR to 33 dollars per share on Thursday in the latest salvo in its bidding war with Dell for the data storage company.The…
HP tops Dell with new bid for 3PAR
NEW YORK — Hewlett-Packard raised its offer for 3PAR to 33 dollars per share on Thursday in the latest salvo in its bidding war with Dell for the data storage company.The…
Royal Bank of Scotland axes 3500 more jobs
LONDON — State-rescued lender Royal Bank of Scotland said Thursday it was cutting another 3,500 jobs, sparking anger from trade union bosses.An RBS company spokesman told AFP that "3,500 job losses…
Senegal's Youssou N'Dour launches TV station
DAKAR — Senegalese musician Youssou N'Dour, who owns a major media group in Dakar, has launched his private television station after a difference with the authorities over its finance.TFM (Television Futurs…