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Oracle Purchase of Sun’s MySQL May Remove Competitor, EU Says
November 21, 2009 13:51 EST -- Oracle Corp.’s planned $7.4 billion
purchase of Sun Microsystems Inc. may be blocked by European
Union regulators because of concerns Oracle might be able to
eliminate Sun’s MySQL database product as a competitor,
according to an EU document.
Twitter Sales Top $4 Million; Ad Business Planned (Update2)
November 20, 2009 17:55 EST -- Twitter Inc., the social-networking
company valued at $1 billion by venture capitalists, said it is
generating sales of more than $4 million a year and plans to
build on that revenue with advertising.
Rangel Says House Democrats Will Renew Tax Breaks (Update1)
November 20, 2009 11:21 EST -- House Democrats plan to move next
month to renew about $30 billion in tax breaks before they
expire at year’s end, including a research credit promoted by
companies such as Dow Chemical Co.
Buffett Taps JPM, Wells Fargo for Loan; Windows 7 Soars: Video
November 20, 2009 06:35 EST -- Bloomberg's Jon Erlichman reports on
the latest breaking business news and top stories in today's
Business Briefs. (Source: Bloomberg)
Oracle Gets Extension in EU’s Review of Sun Purchase (Update1)
November 20, 2009 05:58 EST -- Oracle Corp. received a six-day
extension to European Union regulator’s deadline to review its
$7.4 billion purchase of Sun Microsystems Inc. after asking for
more time to address competition concerns.
Google Wins Preliminary Approval of Online Books Settlement
November 20, 2009 00:01 EST -- Google Inc., owner of the most
popular Internet search engine, and a group of authors and
publishers won preliminary approval of a revised settlement over
the company’s plans to make millions of books available online.
Pequot Employee Told His Therapist That Samberg Sought Tips
November 20, 2009 00:00 EST -- The ex-Pequot Capital Management
Inc. employee now at the center of a U.S. insider-trading probe
told his therapist that the hedge-fund firm fired him in 2001
after he stopped delivering secret information on Microsoft
Corp., the psychologist said in a deposition.
Nokia Netbook’s Beauty Proves Only Skin-Deep: Rich Jaroslovsky
November 19, 2009 21:00 EST -- So near, yet so far.
Gates Foundation to Invest $335 Million in Education (Update2)
November 19, 2009 15:58 EST -- The Bill & Melinda Gates Foundation
said it will invest $335 million to promote effective teaching
and raise student achievement in three public school systems and
a group of charter schools.
Charter, Philly Papers, Fontainebleau: Bankruptcy (Update1)
November 18, 2009 08:46 EST -- Charter Communications Inc., the
fourth-largest cable TV operator in the U.S., obtained formal
approval for its hotly contested reorganization plan when the
bankruptcy judge signed a confirmation order yesterday and wrote
an 82-page opinion giving his reasons in detail.
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