Network Equipment News
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Procter & Gamble Co. is replacing Chief Executive Officer Bob McDonald with his predecessor, A.G. Lafley, as the world’s largest consumer-products maker struggles to rekindle growth at home and abroad.
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SoftBank Corp. will let the U.S. government have veto power over one nominee to Sprint Nextel Corp.’s board to ease security concerns if its $20.1 billion takeover bid succeeds, a person familiar with the matter said.
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Elena Ambrosiadou, co-founder of Ikos Asset Management Ltd., won a U.K. court case brought by her estranged husband, Martin Coward, over who owns the computer software that runs the hedge fund’s trading platform.
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Ericsson AB, the world’s biggest maker of wireless network equipment, said it plans to close its telecom cable manufacturing operations as demand for copper cable declines.
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Ericsson AB, the world’s largest maker of wireless networks, agreed to settle an intellectual- property dispute with software maker Airvana Networks Solutions Inc., according to a court filing.
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U.S. stocks rose, giving the Standard & Poor’s 500 Index its fourth straight week of gains, as gauges for leading indicators and consumer sentiment advanced more than estimated.
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The economic crisis in Europe has depressed spending on just about everything, including technology. But there may be some good news on the horizon.
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Five dozen teenagers hunched over computers in a hotel conference room near Washington, decrypting codes, cleaning malware and fending off network intrusions to score points in the finals of a national cybersecurity contest.
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Singapore Telecommunications Ltd., Southeast Asia’s biggest phone company, plans to spend S$2 billion ($1.6 billion) within three years on acquisitions to boost growth after posting a drop in profit.
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Fujitsu Ltd., a Japanese maker of personal computers, plans to raise domestic prices as the yen’s drop to a four-year low boosts the cost of importing components.
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