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Qualcomm says Broadcom ruling to hurt in short term

Wireless chipmaker Qualcomm Inc.said on Wednesday an unfavorable ruling in a patent dispute with Broadcom Corp would hurt its business in the short term, sending its shares lower. A federal judge in California ruled on Monday that Qualcomm could sell through January 2009 some chips whose designs infringe three patents held by Broadcom, though it must pay royalties. After that, Qualcomm was permane...

Yahoo, America Movil partner on mobile Web search

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Internet company Yahoo and Latin America's top mobile phone company America Movil said on Thursday they have struck a deal to provide mobile Web services to 16 countries in Latin America and the Caribbean.

Palm shares fall on outlook as rivals gain share

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Palm Inc, the maker of Treo cell phones, forecast lower-than-expected revenue amid tough competition from Research in Motion Ltd's Blackberry and Apple Inc's iPhone, sending its shares tumbling 12 percent on Tuesday.
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Depp named top autograph signer as Ferrell bombs

Johnny Depp, take a bow. The Pirates of the Caribbean star who turns menacing in his new role as murderous barber Sweeney Todd, has been named the best celebrity autograph signer for the third year running.
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Palm Sales to Drop on Product Delay

A key product delay will mean lower sales for device maker Palm this holiday season during its second fiscal quarter of 2008, the company said Thursday.
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Apple Mac, iPhone no longer Immune to Hacks

Apple products, including the Mac and the iPhone, are increasingly being targeted by computer hackers according to new research, shattering years of relative safety for the Apple camp.
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Apple's iPhone Gets Optimized Google Apps

Google is releasing a new application for the iPhone that combines all of the search giant's online tools into one simple interface, optimized for Apple's venerable portable device.
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Kite hopes to catch prevailing Oscar winds

In retrospect, once all the Oscar-season fireworks are over, it's often possible to view the eventual winner as an exemplar of the prevailing zeitgeist. Chicago (2002) seemed to ride a growing wave of cynicism about the interplay between celebrity, the media and the justice system.
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Banks, U.S. near deal to freeze subprime rates: report

The Bush Administration is close to agreeing on a pact with major financial institutions that would temporarily freeze interest rates on certain subprime loans, the Wall Street Journal reported Friday, citing sources familiar with the negotiations. The plans' details, which could be announced as soon as next week, are still being ironed out, the Journal said.
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Apple iPhone and AT&T going 3G for '08

AT&T’s chief executive said Thursday that there will be a new edition of the iPhone available next year that will use 3G technology for faster data access.
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Ford agrees to settle some rollover cases

Ford Motor Co has agreed to settle class-action litigation covering plaintiffs in four states who claimed its Explorer sport utility vehicles were prone to rollovers, Ford said on Wednesday.
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Apple iPod Touch Loses Sales to Siblings

As consumers flooded to Apple Inc's retails stores this holiday weekend, the firm's widescreen media player garnered the most interest of all the electronic devices, however the buzz did not translate into strong sales for iPhone's cousin.
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Home prices tumble as consumer confidence sinks

Housing and credit troubles took more of a toll on the U.S. economy as prices on pre-owned single-family homes tumbled in the third quarter and consumer confidence in November sank to a two-year low, reports on Tuesday showed.
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Top finance officials sued over subprime

Fresh off multi-billion write downs, officials at two major financial services firms are being sued by shareholders alleging that they concealed heavy exposure to risky subprime mortgages.
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Goldman paints bleak picture for housing, financials

Goldman Sachs issued a gloomy report on the U.S. financial services sector, saying housing prices are likely to fall a lot further, write-downs will mount and some mortgage insurers and guarantors will be forced to raise capital just to survive.
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HP profit rises as notebook PC sales grow

Hewlett-Packard, the world's largest personal computer maker, on Monday reported a better-than-expected 28 percent rise in quarterly profit as notebook PC sales increased. The company also said its board authorized an $8 billion additional share buyback program. Net income was $2.16 billion, or 81 cents per share, for its fiscal fourth quarter ended October 31, compared with $1.7 billion, or 60 cents per share, a year earlier.
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Screenwriters, studios to renew talks

With the worst Hollywood labor crisis in 20 years headed for its third week, striking screenwriters and major studios have agreed to renew contract talks, offering the first glimmer of hope their deadlock can be broken.
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Abu Dhabi buys stake in AMD

Abu Dhabi's Mubadala Development Co said on Friday it had bought 8.1 percent of U.S.-based Advanced Micro Devices Inc, the second-largest maker of computer processors.
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Bush uses sixth veto to reject health-labor bill

President George W. Bush on Tuesday vetoed a measure to fund education, job training and health programs, marking the sixth veto of his presidency and the latest salvo in a fight with congressional Democrats over domestic spending.
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Foreclosures nearly double from year ago: report

Cities in California, Florida and Ohio dominated the 25 U.S. metro areas with the highest home foreclosure rates, though rates jumped in most of the top regions during the third quarter, RealtyTrac said on Wednesday.

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