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Samsung Electronics to Acquire HARMAN, Accelerating Growth in Automotive and Connected Technologies

SEOUL, Korea and STAMFORD, CT – Samsung Electronics (KRX: 005930) (“Samsung”) and Harman International Industries, Incorporated (NYSE: HAR) (“HARMAN”) today announced that they have entered into a definitive agreement under which Samsung will acquire HARMAN for $112.00 per share in cash, or total equity value of approximately $8.0 billion. Upon closing, the transaction will immediately […]

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Broadcom Limited to Acquire Brocade Communications Systems Inc. for $5.9 Billion

SINGAPORE and SAN JOSE, Calif., Nov. 02, 2016 – Broadcom Limited (Nasdaq:AVGO) and Brocade Communications Systems, Inc. (Nasdaq:BRCD) today announced that they have entered into a definitive agreement under which Broadcom will acquire Brocade, a leader in Fibre Channel storage area network (“FC SAN”) switching and IP networking, for $12.75 per share in an all-cash […]

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T-Mobile to Increase Transparency, Provide Consumer Benefits, Connect Public School Students and Pay a Fine of $48m

WASHINGTON, October 19, 2016 – The FCC’s Enforcement Bureau today announced that T-Mobile will pay a fine and provide benefits to consumers totaling at least $48 million as part of a settlement resolving an investigation into whether the company adequately disclosed speed and data restrictions for its “unlimited” data plan subscribers. The FCC’s investigation found […]

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Introducing Pixel, A New Phone Made By Google

Today, we announced for the first time a family of products that brings people the best of Google through hardware and software made by Google. We’re excited that the lineup features the first phone made by Google inside and out — Pixel. For those of you who have followed Google closely, that name may sound […]

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Cyber Hack On Yahoo Hit 500 million Users

We have confirmed, based on a recent investigation, that a copy of certain user account information was stolen from our network in late 2014 by what we believe is a state-sponsored actor. The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in […]

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Apple Introduces iPhone 7 & iPhone 7 Plus, The Best, Most Advanced iPhone Ever

San Francisco — Apple today introduced iPhone 7 and iPhone 7 Plus, the best, most advanced iPhone ever, packed with unique innovations that improve all the ways iPhone is used every day. The new iPhone features new advanced camera systems that take pictures like never before, more power and performance with the best battery life […]

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Lenovo And Microsoft Deepen Strategic Ties Across Devices

REDMOND, Wash., and BEIJING, China — Microsoft Corp. and Lenovo announced on Friday a deepening of their strategic relationship. Lenovo will load Microsoft’s productivity apps — including Microsoft Office, OneDrive and Skype — on select Lenovo devices that use the Android™ operating system. Lenovo expects to ship millions of these Android-based devices worldwide over the […]

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Samsung Expands Smartwatch Portfolio with Gear S3

NEW YORK – AUGUST 31, 2016 – Samsung Electronics America, Inc. today unveiled the Gear S3, a striking and innovative smartwatch that further expands Samsung’s diverse wearables portfolio. With the new Gear S3 joining Gear Fit2 and Gear S2, Samsung will continue to meet the varying needs of consumers. Inspired by traditional timepieces and the […]

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Twitter Monetization, Now At Your Fingertips

In June, we shared a variety of ways that Twitter is investing in video, including longer video, new ways to explore video, and better ways for creators to connect with their fans. Today, we’re excited to announce the expansion of our creator revenue programs, which will provide creators of all sizes with the ability to […]

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Rackspace Enters Into a $4.3 Billion Transaction to Become a Private Company Through an Acquisition Led by Certain Funds Managed by Affiliates of Apollo Global Management

Rackspace (NYSE: RAX), the #1 managed cloud company, today announced that it has entered into a definitive agreement with affiliates of certain funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”) (NYSE: APO), a leading global alternative investment manager, to be acquired for $32.00 per share […]

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