Apple seeks Samsung phone sales ban in the US

Apple turned things around and sought for Samsung phone sales ban in its home market. Apple Inc is currently trying to force the mobile devices of Samsung Electronics Co.


PayPal expands to be a one-stop shop for customers' financial service needs

PayPal plans to expand so that it could be a one-stop shop for customers' financial services needs.

GlaxoSmithKline launches bioelectronics venture capital fund

GlaxoSmithKline (GSK), the biggest pharmaceutical firm in Britain, launched a USD 50 million venture capital fund for bioelectronic medicines and technologies.

Demand Media's total revenue growth slowed to 9% due to changes at Google

Demand Media's total revenue growth slowed to 9% to US$101.1 million due to changes at Google. On Wednesday, Demand Media said its aggregate year on year revenue growth slowed to 9% during the second quarter to US$101.


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BMC Software Inc raised US$1.63 billion of dollar denominated debt after boosting the offering by 18%.
Russia-based telecommunications operator MegaFon announced that it would be acquiring Scartel, the only 4G provider in the country for USD 1.2 billion.
New York Times Co Chairman Arthur Sulzberger Jr announced they won't be selling the New York Times.
The five publishers that conspired with Apple objected to the US restrictions sought by the government against Apple in the e-book court case.
BlackBerry lost its third place position in a race for major smartphone platforms. Even with the launch of the latest mobile operating system and some new smartphones, BlackBerry still keeps on failing to establish a major smartphone platform that could be behind the lead of Android from Google and iOS from Apple Inc.
BlackBerry verified that three senior executive officials were removed from the company. A report on Wednesday said BlackBerry told CBS that the company is in the "second phase of our transformation plan," while confirming the removal of three executives from the firm.
The US Court of Appeals renewed the patent claims that Apple filed against Google's Motorola Mobility.
Russia's Vimpelcom hired Verizon Wireless'former finance chief to help it in reducing its US$23 billion debt.
The shares of E*Trade plunged the most since April after the conduct of the Finra probe in two of its units.
YuMe shares rose by up to 9% in their debut following the company's pricing of IPO that was below the anticipated range.
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