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...(FT) News round-up Forest City shareholders approve $11.4bn sale to Brookfield (FT) FirstGroup dismisses demands by leading shareholder (FT) Warren Buffett/Goldman Sachs: relative values (Lex) Greg...
...Facebook v YouTube: contrasting approaches The music business has been intermittently at odds with technology platforms for decades, since digital piracy ravaged the sector’s traditional business model....
...S&P ended the day down 0.04 per cent to 2,683, with materials, energy and utilities leading the pack while technology, consumer cyclicals and healthcare dragged....
...Nvidia shares stumbled 4 per cent to $178.27 following reports that electric automaker Tesla was working with rival Advanced Micro Devices to develop an autonomous driving technology chip....
...On paper, the new class of stock, whose value is tied to a large part of Dell’s investment in data centre technology company VMware, will be worth even more than the shares sold at the time of Facebook’s...
...Hong Kong’s Hang Seng was 0.3 per cent higher, while on the Chinese mainland the Shanghai Composite was down 0.4 per cent and the technology-focused Shenzhen Composite shed 0.2 per cent....
...Hong Kong’s Hang Seng was down 0.2 per cent, while on the mainland China’s Shanghai Composite was off by 0.1 per cent and the technology-focused Shenzhen Composite was 0.2 per cent lower....
...Freemium v paid: Streaming competition swells YouTube is one of several Spotify competitors bringing streaming services to the market this year....
...The technology-heavy Nasdaq Composite slipped 0.3 per cent to 4,389.25. eric.platt@ft.com Twitter: @ericgplatt...
...Defence lawyers hinge their argument on a leading 1983 Supreme Court decision called Dirks v. SEC....
...Defence lawyers argued a leading 1983 Supreme Court decision called Dirks v. SEC was the guiding principle....
...Leading companies on the S&P 500 information technology index, which were down 4.1 per cent for the week and turned negative for the year, were among the poorest performers....
...All 10 of the main sectors rose with energy and information technology stocks leading the gains....
...The expansion of “The Founders” event is a fitting symbol for the rise of Stockholm as a leading European tech start-up capital, which is now rivalling Berlin, Paris and London....
...The Nasdaq Composite index was fractionally lower at 12,196.37....
...All this left the Dow Jones Industrial Average down 0.8 per cent to 12,595.52 and the tech-heavy Nasdaq Composite index 1.2 per cent lower at 2,828.47....
...Economists had forecast an increase of 1 per cent for the leading indicator of manufacturing activity....
...Discover Financial climbed 3.8 per cent to $16.16 as consumers spent more on their credit cards, leading to a better-than-expected quarterly profit....
...Mr Dunigan expects sectors that are most exposed to the recovery to perform best, namely technology and industrials....
...“Our competitors get into these brand wars like Coke v Pepsi,” says Zimmer at UTA....
...That suggests that in the technology cycle that is just beginning, emerging countries will for the first time exert a powerful influence as leading sources of new demand as well as main sources of supply...
...The composite index fell 0.5 per cent to 1,196.46....
...The Dow Jones Industrial Average rose 0.8 per cent to 9,350.05 and the Nasdaq Composite index climbed 1 per cent to 1,989.22....
...The Nasdaq Composite index was up 0.4 per cent at 1,431.5 points....
...(TASE: MTRX) is one of Israel’s leading integration and information technology services companies, active in four principal areas: software solutions and services, software products, infrastructure solutions...
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