Tom Wright News
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France Telecom SA will resume its search for a partner for the video site Dailymotion SA as negotiations with Yahoo! Inc. collapsed after intervention by the French government, according to a person with direct knowledge of the situation.
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Yahoo! Inc.’s plan to buy a stake in France Telecom SA’s video site Dailymotion has stalled after a disagreement about the deal, according to the French government.
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France Telecom SA Chief Executive Officer Stephane Richard, head of one of Europe’s largest wireless carriers, said the increasing frugality of customers is threatening sales of pricey phones such as Apple Inc.’s iPhone.
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Yahoo! Inc., the largest U.S. Web portal, said it acquired Jybe Inc., which offers personalized recommendations for users based on data from social networks.
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France Telecom SA has completed its European portfolio review and has no plan to dispose of assets in Poland, spokesman Tom Wright said.
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Bouygues SA, the owner of France’s third-largest mobile phone company, won approval from the telecommunications regulator to use the 1,800 megahertz band to offer faster services from Oct. 1.
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President Barack Obama has a jobs plan, in case anyone has been off the planet for the past month. House Republicans now have a jobs plan. Each of the presidential candidates has some kind of employment blueprint.
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France Telecom SA is eyeing an expansion into Morocco as it considers spending as much as 7 billion euros ($9.1 billion) on African and Middle Eastern acquisitions.
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Perhaps more than 90 percent of news items that bring together India and Pakistan, the subcontinent's two great powers, report something negative: tensions along the border, bickering over the disputed state of Kashmir, concerns about terrorism, or, at its most benign, a storm of jingoistic sentiment and flag-waving on both sides on the eve of an important cricket match (as when the two countries met in the semifinal of the cricket World Cup last year).
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A federal appeals court in Virginia threw out two challenges to the Obama administration’s 2010 health-care law, saying it lacked authority to decide whether the measure is constitutional.
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