Mobile Phones News
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BT Group Plc named Gavin Patterson chief executive officer, taking over from Ian Livingston who leaves the post in September to become minister of state for trade and investment.
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Export-Import Bank of India will lend $300 million to Ethiopia to help construct a railway to a planned port on the Red Sea in neighboring Djibouti.
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Mobile payments companies and retailers will forge more partnerships where they retain customer identities, making it unnecessary to re-enter credit- card information, said John Collison, co-founder of Stripe Inc.
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Fnac, the French DVD, books and video-games chain, is seen falling after being spun off this week from PPR SA as investors who hold PPR for luxury brands such as Gucci sell stock in the retailer.
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Francisco Soares, a 32-year-old Brasilia electrician, felt good about life two years ago when he started commuting in his first car, blasting the music and passing packed buses. Since then, bills started piling up, the cost of living jumped and last week he had to sell his wheels.
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Billboards aren’t just surfaces for the used-car dealer down the road to tell you when to turn off for hot deals, outdoor advertising company Clear Channel Outdoor Holdings Inc. says. They’re also works of art.
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“My First Trip to China” may sound like a high-school writing assignment. Don’t get put off by the title. This collection of short essays by scholars, journalists and businessmen provides insightful and often entertaining early glimpses into the Middle Kingdom.
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OAO MegaFon, Russia’s second-largest wireless carrier, is considering buying smaller operator Scartel to expand its network as mobile Internet use increases, Chief Executive Officer Ivan Tavrin said.
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Banks, credit card companies and tech start-ups spent the last decade obsessing over the prospect of using mobile phones as “digital wallets.” Google, for example, made $300 million in acquisitions to break into mobile payments with its underperforming Google Wallet.
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KKR & Co. and Toshiba Corp. were picked to make second-round bids for a stake in Panasonic Corp.’s health-care unit, said two people with the knowledge of the matter.
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