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Twitter has been in takeover talks: report

Executives at microblogging company Twitter Inc. have held low level talks with executives at Facebook Inc and Google Inc in recent months, about a possible takeover of Twitter, the Wall Street Journal reported on Wednesday.

Hedge fund managers arrested in insider case

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Two hedge fund managers were arrested on insider trading charges on Tuesday, while another portfolio manager and an analyst agreed to plead guilty in connection with the probe, the latest development in a broad investigation of hedge funds' trading activities.
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India's former telecommunications minister Andimuthu Raja (C) leaves India's Central Bureau of Investigation (CBI) headquarters in New Delhi February 3, 2011

Former Indian telecom minister arrested over $40 bln graft scam

India's former Telecom Minister Andimuthu Raja, his personal secretary RK Chandolia and former telecom secretary Siddharth Behura have been arrested by India's Central Bureau of Investigation (CBI) over his alleged manipulation while allocating the second-generation telecom (2G) spectrum licenses in 2007 and 2008.
A pedestrian walks past the NASDAQ building in New York City

Hackers penetrate Nasdaq computers: report

Computer hackers repeatedly entered the network of the company that runs the Nasdaq stock market in the past year, but the trading platform was not compromised, the Wall Street Journal reported on Friday.
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Outgunned by Wall Street, SEC warns of fraud

Tighter budgets at the U.S. Securities and Exchange Commission could mean killing vital technology upgrades needed to catch swindlers, the agency's chief said on Friday in a blunt appeal for more funding.
A Blockbuster movie rental store is seen in Golden

Twilight studio to Blockbuster: Pay or liquidate

The independent studio behind the hit Twilight films wants a judge to force bankrupt movie rental chain Blockbuster Inc to pay its bills or force it to into liquidation, according to court documents.
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JPMorgan ignored suspicions about Madoff: lawsuit

JPMorgan Chase & Co executives stood by silently as their client Bernard Madoff ran his epic Ponzi scheme, hoping to protect the bank's investments and continue doing business with him, a newly released $6.4 billion lawsuit claims.
Bernard Madoff walks back to his apartment in New York

Top JPMorgan execs were warned about Madoff: trustee

JPMorgan Chase & Co executives were concerned that Bernard Madoff was running a Ponzi scheme, but they silently stood by for years to protect the bank's investments, the trustee for Madoff's investors said.
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BJ's may put itself up for sale

BJ's Wholesale Club Inc said it may put itself up for sale, under pressure from a private equity firm that may make a hostile bid.
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Tribune lenders drop competing bankruptcy plan

A group of lenders has withdrawn its plan for reorganizing newspaper owner Tribune Co, leaving two proposals for ending the company's two-year stay in bankruptcy, according to court documents.
Image of a passenger appears on the screen as Transportation Safety Administration employees demonstrate new body scanner software in Arlington, Virginia

U.S. pilots new airport scans after privacy concerns

U.S. aviation security authorities on Tuesday unveiled a new pilot program aimed at quelling an uproar about full-body scanners used to screen air travelers -- the new software will no longer produce an image of the actual person.
DLA Piper

DLA Piper to become Wal-Mart of law firms

DLA Piper is all set to emerge as the largest law firm in the world in terms of revenues and the number of lawyers, after it merges with its Australian partner DLA Phillips Fox.

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