SOFTWARE

RIM stock jumps as revamped BlackBerry nears

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Shares of Research In Motion jumped on Wednesday on speculation that next week it would unveil a new touchscreen BlackBerry that could compete more effectively with Apple Inc's iPhone and other smartphones.

Disney buying Playdom for at least $563 million

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Walt Disney Co will acquire start-up Playdom Inc for $563.2 million, as the media giant aims to take a leading role in the fast-growing market for games played on sites such as Facebook and MySpace.
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Microsoft profit beats Street but stock unmoved

Microsoft Corp easily beat Wall Street forecasts with a 48 percent rise in quarterly profit, but its shares barely moved in the absence of powerful new signs of a rebound in global tech spending.
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Wall Street rallies on corporate outlooks

Upbeat outlooks from economic bellwethers 3M, UPS and Caterpillar catapulted stocks on Thursday as investors shed some of their fears about the strength of the recovery.
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Yahoo revenue misses Wall Street expectations

Yahoo Inc missed Wall Street's revenue estimates in the second quarter as some customers unexpectedly cut spending on online display ads toward the end of June, and shares fell more than 6 percent.
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Rivalries, economy cloud Google expectations

Investors have muted expectations for Google Inc's second-quarter results, as economic clouds and shifts in the company's strategy dampened hopes that it will beat Wall Street estimates.
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Germany, Spain Web favorites of the World Cup

Top scorers Germany and winners Spain elicited the most positive reaction from online fans of this year's soccer World Cup, whilst France's player crisis made them the most maligned team of the tournament.
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Rivalries and economy cloud Google expectations

Investors have muted expectations for Google Inc's second-quarter results, as economic clouds and shifts in the company's strategy dampened hopes that it will beat Wall Street estimates.
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eBay sued for $3.8 billion in PayPal patent case

EBay Inc was sued for at least $3.8 billion on Tuesday by a Connecticut company that accused the online auctioneer and retailer of infringing six patents to develop lucrative payment systems such as PayPal.
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Facebook fights New Yorker's claim of 84 percent stake

Facebook has moved to overturn a New York judge's recent order temporarily blocking any transfer of the company's assets, as the world's No.1 social networking responds to a lawsuit by a New Yorker claiming to own 84 percent of the company.
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Facebook launches child safety application

Social networking website Facebook has agreed to adopt an application aimed at improving the online safety of its younger users, a child protection group said on Monday.
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Fujitsu to let developers test software for free

Fujitsu Ltd, Japan's biggest IT services firm, said on Tuesday that it would allow software developers to run their programs on its hardware free of charge so that they can examine performance.

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