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Salesforce.com Inc., the largest maker of online customer-management tools, forecast profit for the fiscal second quarter that missed some analysts’ estimates as companies curtail spending on new business software.
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Updated 1 hour, 38 minutes ago
In the 48 hours after the killing of a soldier in London two days ago, the number of people “liking” the anti-Islamic English Defence League’s Facebook page rose more than fivefold to 110,000.
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Suspected militants released seven security personnel in Egypt, after a weeklong ordeal that threatened to escalate into a large-scale military operation to free them.
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Yahoo! Inc. Chief Executive Officer Marissa Mayer is staking the future of the largest U.S. Web portal on a six-year-old blogging startup with little revenue and a freewheeling stance on content created by users.
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Tumblr Inc.’s $1.1 billion purchase by Yahoo! Inc. marks the biggest deal for a venture-backed New York startup, bringing a windfall for East Coast investors Union Square Ventures and Spark Capital while laying a foundation for further investing in the region’s entrepreneurs.
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Burberry Group Plc, the U.K.’s largest luxury-goods maker, reported full-year profit that beat estimates, boosted by strong demand in China and Hong Kong, and increased the dividend by more than analysts expected.
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Yahoo! Inc. is buying blogging network Tumblr Inc. for about $1.1 billion as Chief Executive Officer Marissa Mayer seeks to lure users and advertisers with her priciest acquisition to date.
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Egypt deployed reinforcements to Sinai as the president’s office said all options were open in dealing with the “criminals” who took hostage seven security forces personnel.
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President Mohamed Mursi said Egypt won’t hold talks with criminals following a vow by the government to consider “all options” to free security personnel kidnapped in Sinai.
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Canada’s Supreme Court dismissed Eli Lilly & Co.’s request to appeal a federal court decision that invalidated its Canadian patent for schizophrenia drug Zyprexa.
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