Prem Watsa, one of Canada's best-known value investors, has nearly doubled his stake in BlackBerry maker Research In Motion Ltd. to 9.9 percent, according to a regulatory filing Monday.
The increase makes him the largest shareholder in the struggling company and identifies a buyer for shares that other investors have been unloading.
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Business software maker VMware is buying computer networking specialist Nicira for nearly $1.3 billion.
The deal announced Monday will expand VMware's product line in the rapidly growing field of computer "virtualization." The term refers to software that lowers the costs of running data centers by enabling a single computer to function like multiple machines.
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On Tuesday, Apple is set to report financial results for the second quarter. Analysts are expecting net income of $9.8 billion. But whatever figure Apple reports won't reflect its true profit, because the company hides some of it with an unusual tax maneuver.
Apple Inc., already the world's most valuable company, understates its profits compared with other multinationals. It's building up an overlooked asset in the form of billions of dollars, tucked away for tax bills it may never pay.
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Rival factions from the Internet security world will mix warily this week at a pair of Las Vegas conferences gathering computer security experts and software savants who make sport of hacking them.
More than 6,500 high-level security experts will attend the Black Hat conference already under way, with many apt to swap surnames for code-names and stay for the infamous Def Con gathering of hackers that starts on Thursday.
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News Corp. said Monday it would launch a new tablet computer with AT&T aimed at the education market to bring "digital innovation" to the classroom.
The media conglomerate headed by Rupert Murdoch said the effort would come from its education division which is being renamed Amplify.
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Lebanon’s mobile telecommunication service does not get an applause but major dissatisfaction with its services which prompted a group of individuals to launch the alloFail initiative aiming to pressure the two Mobile Telecom Operators Alfa and Touch for better services.
AlloFail started in June 2012 in Lebanon by a group of non-sectarian and politically independent Lebanese individuals, which includes a lawyer, a telecommunication engineer and Lebanese PR experts in a bid to exert pressure on the mobile operators to provide better products and services by listening to and acting upon customer complaints.
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South Korea's Samsung Electronics, the world's top smartphone maker, has sold more than 10 million units of its newest Galaxy S III model since its launch about two months ago, a report said Sunday.
The company said earlier this month it expected a record operating profit of 6.7 trillion won ($5.9 billion) in the second quarter, boosted by strong sales of its flagship Galaxy smartphones.
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The software behind the film "Minority Report" -- where Tom Cruise speeds through video on a large screen using only hand gestures -- is making its way into the real world.
The interface developed by scientist John Underkoffler has been commercialized by the Los Angeles firm Oblong Industries as a way to sift through massive amounts of video and other data.
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The next time your car hits a pothole, a new technology could help you immediately tell someone who can do something about it.
Boston officials are testing an app called Street Bump that allows drivers to automatically report the road hazards to the city as soon as they hear that unfortunate "thud," with their smartphones doing all the work.
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The engineer behind Canadian startup Acrylic said Friday that he was closing up his one-man shop and joining the design team at leading social network Facebook.
Facebook confirmed that it has bought Acrylic in an "acqui-hire" that brings on board founder Dustin MacDonald, the creator of mobile gadget applications for newsfeeds and digital wallets.
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