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Chinese Amazon Cloud Operator Bans Filter-Routing Software
Tuesday, August 1, 2017 - 10:05am | 494Champions of China’s free internet campaign took another hit Monday with a pullback of functionalities on Amazon.com, Inc. (NASDAQ: AMZN)’s cloud computing services. Beijing Sinnet Technology, the Chinese company locally operating Amazon Web Services, ordered domestic site hosts to stop...
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Snapchat Effect Gives Booming Cosmetic Industry A Makeover
Saturday, May 20, 2017 - 2:44pm | 567Another day, another adage crushed by Wall Street. All that glitters is gold, so it seems. Americans spent $17 billion on prestige beauty products in 2016, according to NPD Group’s market research. Led by a 12-percent pop in makeup sales, the domestic industry saw a 6-percent, $1 billion...
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Mueller Rep As Rigorous, Relentless Investigator Greeted With Bipartisan Approval
Thursday, May 18, 2017 - 10:18am | 1048Robert Mueller’s bulletproof reputation as a relentless, by-the-book investigator virtually guarantees a rigorous and wide-ranging investigation of President Donald Trump’s ties to the Kremlin, the former FBI director’s supporters say. “I can’t think of a better...
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The Legal And Financial Implications Surrounding Aaron Hernandez's Suicide
Friday, April 21, 2017 - 1:23pm | 526By killing himself in his prison cell while awaiting appeal of a murder conviction, former National Football League tight end Aaron Hernandez essentially died an innocent man under a Massachusetts law that once protected the assets of the late Enron CEO. As a result, the New England Patriots may...
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5 Things Happening Around The Internet Ad Space This Week
Tuesday, December 27, 2016 - 12:25pm | 645In a research note, Wells Fargo analysts noted five events in the internet ad space and provided their takeaways on these. Event 1 Snap-on Incorporated (NYSE: SNA) has acquired Flite, an ad tech company that helps to launch, manage, measure and optimize digital ad campaigns in real time. Snapchat...
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NewLink CFO: 'Ebola Vaccine Highly Unlikely To Drive Future Profit In Company'
Friday, December 23, 2016 - 3:54pm | 249Earlier this morning, the New York Times highlighted an Ebola vaccine that was shown to be 100 percent effective in protecting against the disease. The Ebola vaccine, otherwise known as rVSV-ZEBOV, is currently licensed by Merck & Co., Inc. (NYSE: MRK). Although not yet approved, the New York...
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Here's Why The New York Times Really Bought The Wirecutter
Tuesday, October 25, 2016 - 9:38am | 312The New York Times has announced it is buying The Wirecutter, a five-year-old online consumer guide/product-recommendation service for a reported $30 million. The Wirecutter, founded by former editor at Gizmodo Brian Lam, provides recommendations for technology products "...
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US Stock Futures Signal Higher Start On Wall Street
Wednesday, December 28, 2011 - 7:32am | 248US stock futures are higher this morning. Futures on the Dow Jones Industrial Average gained 30 points to 12,249.00 and futures on the S&P 500 stock index rose 3.30 points to 1,263.50. Nasdaq 100 futures surged 5.75 points to 2,290.25. US stocks closed mixed on Tuesday, with the Dow Jones...
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Molycorp to Announce Southern California Rare Earth Rediscovery Tuesday
Monday, October 3, 2011 - 11:25pm | 110Molycorp (NYSE: MCP) plans to announce on Tuesday, a deposit containing so-called heavy rare earths, at a Washington Conference sponsored by the Energy Department, the European Commission and Japan's trade ministry. The deposit is located on land near Mountain Pass, California, where the company...
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US to File Lawsuits Against a Dozen or More Big Banks as Early as Friday
Thursday, September 1, 2011 - 10:54pm | 137The Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, may file suits seeking billions of dollars in damages against a dozen banks as early as Friday. The banks are being accused of misrepresenting the quality of mortgage securities they assembled and sold at the height of...
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Eastman Kodak Spikes Higher Pre-Market After Mention in NYT Article Regarding Companies with Large Patent Portfolios
Wednesday, August 17, 2011 - 7:20am | 14Link to the article is here.
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Federal Judge Throws Out Obama Oil and Gas Drilling Rules
Friday, August 12, 2011 - 9:04pm | 67A federal judge overturned Obama administration rules that intended to slow down expedited environmental review of oil and gas drilling on federal lands. The Western Energy Alliance, a petroleum industry group, had sued the federal government, including Interior Secretary Ken Salazar. U.S. District...
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Google Acquires The DealMap -NYT
Monday, August 1, 2011 - 12:47pm | 33Google (NASDAQ: GOOG) has acquired The Dealmap, a start-up that aggregates discounts from hundreds of group-buying sites. The terms of the deal were not disclosed.
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NYT Co Sees Earnings Cut in Half
Thursday, April 21, 2011 - 12:30pm | 188The New York Times Company (NYSE: NYT) accounced this morning that its earnings per share for first quarter 2011 was half what the stock earned in the first quarter 2010. The company, which publishes 18 newspapers, including the flagship New York Times, earned $0.04 per share this quarter, down...