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Articles Tagged:

business

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Opera agrees to sell its browser business to group of Chinese buyers for $600 million

After a previous deal fell through, Opera has reached an agreement to sell the mobile and desktop browser portion of its business to a group of Chinese companies for an estimated $600 million. Opera will retain its advertising business in a bid to avoid a long regulatory holdup.

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SoftBank will acquire ARM Holdings for more than $32 billion

Look at your smartphone. Odds are very, very good that it's running a chip with ARM-designed components, or at least the ARM instruction set. UK-based ARM Holdings has become an integral part of mobile computing, and Japan's SoftBank wants a piece of that. The companies announced today that SoftBank will acquire ARM Holdings for about $32 billion.

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Google acquires French image recognition startup Moodstocks

Google has shown a lot of interest in computer vision over the last few years. You need only look at the way it digs around for similar images in Google search and identifies specific objects in your uploaded photos. It can always be better, though, so Google has purchased a French company called Moodstocks that specializes in image recognition.

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LG gives execs the boot and restructures mobile division following disappointing G5 sales

The LG G5 was announced earlier this year with an ecosystem of "friends" that were aimed at boosting profits in its troubled mobile division. After initially solid shipments of the G5, things have turned sour fast. LG has announced a major shakeup in its mobile division that includes firing some staff and the formation of a "program management office" to oversee product development.

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[Evernope] Price increase coming to Evernote plans, free plan now limited to 2 devices only

Evernote has announced several changes to its plan structure today that will most likely upset many long-time users. The cost of Plus and Premium plans will be going up, and the free Basic plan is getting much less useful with active device limits. When there are so many other options for note taking apps, this is going to be a hard sell.

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Chinese mega-firm Tencent acquires controlling stake in Clash of Clans maker Supercell

The next time you wonder why in-app purchases are so popular, you can think back to this day when the company behind Clash of Clans was valued at $10.2 billion. Chinese internet firm Tencent is acquiring 84% of Supercell, giving it majority control of the game developer. Don't expect anything to change right away—Supercell is making oodles of money as is.

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Microsoft Is Buying LinkedIn For $26.2 Billion

Microsoft doesn't have a social network of its own, but it does have a giant pile of money. When you've got that, you can have anything you want. Microsoft has just announced it will purchase business-oriented social network LinkedIn for an incredible $26.2 billion dollars. That's 26.2 Instagrams or roughly the entire annual GDP of Estonia.

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Podcast Company Stitcher Has Been Acquired For $4.5 Million

Google Play Music just added podcast support recently, but Stitcher has been successfully indexing and streaming podcasts for years. This has not gone unnoticed. Stitcher has been acquired from owner Deezer for $4.5 million. The buyer is E.W. Scripps, which probably isn't a name with which you're familiar. You may be familiar with what they do, though.

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Fitbit Acquires Wearable Payment Tech From Smart Card Maker Coin

Coin was one of the first companies to try its hand at combining all those credit cards you haul around into a single smart card. There have been others since, but some haven't even shipped. Coin eventually sold over 250,000 units, but this is the end of the road. Coin's wearable payment platform has been acquired by Fitbit, and it will no longer sell its current smart payment device.

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BlackBerry Plans To Launch Two Mid-Range Android Phones This Year

BlackBerry launched its first Android phone, the PRIV in late 2015. While the company's smartphone losses have slowed, the PRIV's high price is proving to be a barrier to BlackBerry's comeback (even with that price cut the other day). CEO John Chen now says that BlackBerry will shift to the mid-range this year with two new phones.

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