2011: Not so bad for Netflix after all
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After a rocky 2011, Netflix is winning back the hearts of customers and investors alike. Full Story |
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Quiznos slices up its debt in restructuring
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The Wall Street Journal reported that the troubled Quiznos sandwich chain reached a debt-restructuring deal with lenders that will hand ownership of the chain to Avenue Capital Group. The deal, approved by all Quiznos creditors, keeps the chain, know Full Story |
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Facebook under the microscope
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Speculation of a Facebook initial public offering has put the leading social network under the microscope, especially when it comes to estimates the company could be initially valued at up to $100 billion. Full Story |
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Online economy expected to double by 2016
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The size and value of the business conducted online is forecast to almost double by 2016, says a report from Boston Consulting Group Full Story |
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Facebook to make history with IPO
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Facebook officially filed paperwork with regulators on Wednesday for a $5 billion initial public offering, in what will be the biggest IPO ever to come out of Silicon Valley. Full Story |
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Microsoft targets Google with print ad campaign
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Microsoft is looking to capitalize on Google's unpopular privacy changes this week with full-page print ads in major newspapers. Full Story |
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Sony CEO Howard Stringer hands the reins to Kazuo Hirai
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Sony's CEO Howard Stringer appeared alongside his incoming replacement at a press conference in Tokyo. Kazuo Hirai, who currently heads the company's core consumer products division, will take over in April, at the start of the new fiscal year. Full Story |
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