TECHNOLOGY

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Zynga Falls on Sluggish Paying Players Outlook

Zynga Inc shares fell 7 percent in premarket trade, suggesting investors were wary of the social game maker's weak bookings outlook and expensive valuations, and at least three brokerages downgraded the stock.

Samsung Elec says considering spinning off LCD business

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Samsung Electronics Co said on Wednesday it was considering spinning off its loss-making LCD flat-screen business in a surprise move as it seeks to orient its components business towards OLED displays, touted as the next-generation technology that will replace LCD TVs.
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Taiwan's Acer Q4 net below forecast

Taiwan's Acer Inc reported on Wednesday a worse-than-expected net profit in the fourth quarter, though the result was a turnaround after two consecutive quarters of losses and the company said its current business was stable.
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Apple CEO: cash discussions intensifying

Apple Inc is in very active discussions at the board level about what to do with its steadily growing hoard of cash and securities, Chief Executive Tim Cook said on Tuesday, responding to calls for the world's most valuable electronics company to put its massive cash reserves to work.
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Zynga user growth slows, shares fall

Zynga Inc failed to boost the ranks of its online players compared to the earlier quarter, fanning worries that it will have to rely on new games and other ways to squeeze more revenue out of its users.
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New York Fashion Week: FOTINI Channels Her Inner Goddess From Her Heritage [PHOTOS]

Inspired by her heritage and an ancient relic passed down from her Greek mother and Egyptian father, Fotini Copeland channeled her own inner goddess to create the FOTINI Fall 2012 collection shown on Tuesday at Mercedes-Benz Fashion Week in New York. View the slideshow to see photos of the FOTINI Fall 2012 collection at Mercedes-Benz Fashion Week in New York.
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Experts say Iran has neutralized Stuxnet virus

Iranian engineers have succeeded in neutralizing and purging the computer virus known as Stuxnet from their country's nuclear machinery, European and U.S. officials and private experts have told Reuters.
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Zynga user growth disappoints, shares fall

Zynga Inc failed to boost the ranks of its online gamers in its first quarter as a public company, fanning worries that it will have to rely on new games and other ways to squeeze more revenue out of existing users.
A pedestrian walks past the NASDAQ building in New York City

Web Sites of Nasdaq, BATS Hit in Cyber Attack

Websites of exchange operators Nasdaq and BATS have been attacked by hackers over the last 24 hours, causing ongoing disruptions for those trying to use the sites, spokespersons for the companies said on Tuesday.
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Shares finish flat in late rally on Greece

Stocks erased losses to end little changed on Tuesday after a Greek government source said the conservative party leader was expected to deliver a letter of commitment to the country's international lenders.
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Zynga's revenue beats Street

Zynga Inc reported higher quarterly revenue than Wall Street expected on Tuesday as the largest publisher of games on Facebook added new users to its mobile games Words with Friends and Zynga Poker.
Rovio Chief Executive Mikael Hed stands in front of an Angry Birds poster at his company's offices in Helsinki

Angry Birds Find Facebook for Valentine’s Day [Video]

Rovio, the Finish company that makes Angry Birds, announced that they would release their trademark title on Facebook back in January, and, true to their word, the repetitive game of slingshots, birds and pigs is now available to all 800 million Facebook users.
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BlackBerry faces new challenge from U.S. agency

In another blow for beleaguered BlackBerry maker Research In Motion, the U.S. federal government's main procurement agency is issuing iPhones and Android-based devices to some of its 17,000 workers.
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Duquesne alumni reveal holdings at Point State

Point State Capital, one of last year's most celebrated new hedge funds, for the first time has revealed what it owns, showing a taste for some industry favorites like Apple and some recent winners like drug company Gilead .
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Apple 4G iPad to be Announced in March

Apple Inc plans to announce a fourth-generation version of its iPad (4G iPad) in the first week of March, a Wall Street Journal report said, citing a person briefed on the matter.
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Samsung says considering options for LCD business

Samsung Electronics Co said on Tuesday it is considering various options to improve competitiveness of its loss-making LCD flat-screen business but declined to comment on a media report that it may spin off the operation.
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Google gets U.S., EU nod to buy Motorola Mobility

U.S. and European regulators approved Google Inc's $12.5 billion purchase of Motorola Mobility Holdings Inc and said they would keep a sharp eye on the web search giant to ensure patents critical to the telecommunications industry would be licensed at fair prices.
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Analysis: One area where Apple lags: Its low returns on cash

Apple Inc once again rewarded shareholders richly as its shares surged to new highs above $500 on Monday. There is, though, one part of the iPhone and iPad company's business that is not exactly humming: Its management of a pile of money now probably exceeding $100 billion.
Samsung Admits Letdown on Galaxy Tabs, Hints Focus on Galaxy Note

Can Samsung Galaxy Tab 2 Outsell Apple iPad 3 in Race for Mobile Industry Dominance?

The heated battle between Samsung and Apple rages on as both companies vie for dominance of the mobile industry. Over the last year, Apple and Samsung have run a close race in both smartphone and tablet sales; with the upcoming release of the Samsung Galaxy Tab 2 and, allegedly, the pending announcement of the Apple iPad 3, both Samsung and Apple will continue to encroach on each other's mobile industry market share.
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LinkedIn vs. Facebook: Which Attracts More Job Recruiters?

Facebook may have created a buzz with its public offering, but professionals in the Internet sphere shouldn’t forget about LinkedIn. Referred to as the “professional network,” a new study from Bullhorn Reach shows that 48 percent of job recruiters are using LinkedIn exclusively. Although 21 percent are present on all three major social networks (Facebook, Twitter, LinkedIn), only one percent are using the other two social media sites exclusively.
People ride their bikes past Google Inc. headquarters in Mountain View

Google wins EU okay for Motorola buy

Google Inc won unconditional EU regulatory approval on Monday for its planned $12.5 billion purchase of mobile handset maker Motorola Mobility.
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Apple subjects Foxconn, partners to labor scrutiny

Apple Inc said on Monday that a U.S. non-profit labor group has begun an unprecedented inspection of working conditions at its main contract manufacturers, including Foxconn's plants in southern China, as the maker of the IPhone continues to grapple with persistent image problems there.
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Top Pinterest Users: Celebrities, Brands, and other Pinners You Must Follow

Pinterest--the new social network based off of photo-sharing--recently became one of the top five social networks on the Internet. As it continues to close in on the type of traffic that brands such as Twitter and Facebook have, Pinterest is becoming popular among celebrities and large companies. With that in mind, we've created a list of the most important celebrities, brands and other pinners on Pinterest that you must follow:
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Microsoft India store down after hackers take user data

Microsoft India's retail website was down on Monday after being hacked, with a purportedly Chinese group called Evil Shadow Team posting screenshots the hackers said were customers' obscured usernames and passwords found unencrypted on the site.

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