Vijay Anand News
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Autonomy Corp. founder Mike Lynch was planning to use his reputation as one of the most successful European entrepreneurs to help startups get off the ground. Now, he’s fighting allegations of accounting failures that threaten his status as the pin-up of British technology.
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ARM Holdings Plc’s record cash and stock price near a 12-year high are giving the chip designer firepower for acquisitions to help keep a lead in smartphone processors and expand in more technologies.
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European stocks declined, dragging the Stoxx Europe 600 Index from a six-month high, as investors speculated that additional stimulus measures by central banks will fail to sustain the pace of the economic recovery.
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U.K. stocks declined for the first time in three days as analysts downgraded mining companies and Reckitt Benckiser Plc announced the departure of its Chief Financial Officer.
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ARM Holdings Plc, whose chip designs are used in most smartphones, is set to power the networks that run them as it steps up competition with Intel Corp. in a $9 billion market.
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Misys Plc, the U.K. software maker that failed to reach a deal to be taken over by Fidelity National Information Services Inc. last August, is in talks to merge with Temenos Group AG of Switzerland.
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Micro Focus International Plc is luring private-equity buyers with the cheapest valuation for a non-U.S. business software provider even as the 50-year-old computer code it was founded to translate becomes obsolete.
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