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Saturday, May 26th, 2012

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Japan's Renesas eyes 14,000 job cuts, chip plant sale: Nikkei

TOKYO (Reuters) -...

SpaceX capsule docks at space station, opens new era

CAPE CANAVERAL...

Technology

Japan's Renesas eyes 14,000 job cuts, chip plant sale: Nikkei

TOKYO (Reuters) - Struggling Japanese chipmaker Renesas Electronics Corp is planning to slash as many as 14,000 jobs and sell a major semiconductor factory in Japan to Taiwan Semiconductor Manufacturing Co, the Nikkei newspaper reported.
24 minutes ago
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Facebook IPO is flashback to dot-com class action

This is not the first time investors in a hot tech company's initial public offering have alleged that underwriters favored their regular clients at the expense of the little guys.
57 minutes ago
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DigitalGlobe, GeoEye jump on nod for imagery funding

WASHINGTON (Reuters) - DigitalGlobe Inc <DGI.N> and GeoEye Inc <GEOY.O> on Friday welcomed a decision by the Senate Armed Services Committee to authorize continued funding for commercial imagery purchases, a move that sent the two companies' shares sharply higher.
May 26, 2012, 10:03 am
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Astronauts snare SpaceX Dragon capsule: NASA

CAPE CANAVERAL, Florida (Reuters) - Astronauts aboard the International Space Station captured Space Exploration Technologies' unmanned Dragon cargo capsule on Friday, the first private ship to reach the orbital outpost.
May 26, 2012, 8:00 am
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SpaceX capsule docks at space station, opens new era

CAPE CANAVERAL, Florida (Reuters) - Astronauts aboard the International Space Station captured the SpaceX Dragon cargo ship and guided the privately owned craft into a docking berth on Friday, opening a new chapter in the U.S. space program.
May 26, 2012, 7:51 am

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Dell-Quest deal possible over weekend: sources

NEW YORK/SAN FRANCISCO (Reuters) - Dell Inc is expected to reach an agreement to buy network security software maker Quest Software Inc as soon as this weekend after a previous deal fell apart, several people familiar with the matter said.
May 26, 2012, 7:26 am
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Facebook's market maker losses may top $115 million: sources

NEW YORK (Reuters) - Four of Wall Street's major market makers involved in Facebook's <FB.O> botched initial public offering last Friday expect their losses from technical glitches on Nasdaq's exchange to be around $115 million.
May 26, 2012, 7:12 am

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Corrected: Gevo starts up first new plant, shares jump

(Reuters) - Gevo Inc started production at a converted ethanol plant in Minnesota, bringing on line the world's first commercial-scale facility to make advanced biofuels and renewable chemicals.
May 26, 2012, 6:57 am
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Government may hit rough seas on continental claim

The Federal Government has formally proclaimed the areas of seabed on the continental shelf where Australia has exclusive rights to explore for oil, gas and minerals.
ABC - May 26, 2012, 6:10 am
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Facebook market makers' losses at least $100 million

(Reuters) - Claims by four of Wall Street's main market makers against Nasdaq <NDAQ.O> over Facebook's <FB.O> botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders.
May 26, 2012, 6:05 am
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Yahoo! ditches digital newsstand for iPads

SAN FRANCISCO (AFP) - Yahoo! shuttered its fledgling digital newsstand for iPads on Friday in what it said was the start of a product purge intended to make the floundering Internet pioneer more nimble.
May 26, 2012, 5:37 am
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Facebook options debut a wild card for volatility

(Reuters) - Investors can hope the debut of options on Facebook Inc goes more smoothly than the long-awaited debut of the social networking service's stock on May 18.
May 26, 2012, 5:26 am
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Shareholders vote to take China's Alibaba unit private

HONG KONG (AFP) - Minority shareholders of Alibaba.
May 26, 2012, 4:25 am

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Citi unit lost $20 million in Facebook IPO: source

NEW YORK (Reuters) - Citigroup Inc's <C.N> Automated Trading Desk had trading losses of about $20 million from Facebook Inc's <FB.O> botched initial public offering on Nasdaq OMX Group Inc's <NDAQ.O> U.S. exchange, a source with knowledge of the situation said on Friday.
May 26, 2012, 4:21 am
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HP tries to stem Autonomy exodus after founder goes

LONDON (Reuters) - Hewlett Packard Co has told staff at Autonomy they have a bright future even after founder Mike Lynch was shown the door on Wednesday, joining a long line of top managers to leave the Cambridge-based software maker since HP bought it last year.
May 26, 2012, 4:11 am
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Corrected: Dish, TV networks take fight over ad zapper to judges

(Reuters) - A legal battle erupted between DISH Network and some of the major broadcast networks Thursday as the two sides traded lawsuits over the satellite distribution company's "Hopper" DVR, which threatens to bring down the television business model by allowing viewers to skip over commercials entirely.
May 26, 2012, 4:03 am
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They're here. They're geeks. Get used to it

NEW YORK (Reuters) - Turns out, geeks are inheriting the earth.
May 26, 2012, 3:30 am
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Facebook IPO debacle raises investor dander

NEW YORK (AFP) - The spate of complaints and investigations over the Facebook stock offering suggests big institutions had an edge over small investors, raising questions about the process.
May 26, 2012, 3:19 am

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SpaceX Dragon capsule docks with space station

CAPE CANAVERAL, Florida (Reuters) - Astronauts aboard the International Space Station captured Space Exploration Technologies' Dragon cargo ship and guided it into a berth on Friday, docking the first privately owned vehicle to reach the orbital outpost.
May 26, 2012, 2:34 am
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Giant telescope to explore far reaches of cosmos

LONDON/AMSTERDAM (Reuters) - The world's biggest and most advanced radio telescope, capable of detecting signs of extraterrestrial life in the far reaches of the universe, will be located in South Africa, Australia and New Zealand.
May 26, 2012, 1:56 am
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