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Bloomberg LP is taking a significant step towards environmental sustainability by constructing a 1.8-megawatt solar power system at its Skillman, N.J. facility. The system, completed by the end of 2011, will generate enough power to meet 58 percent of the facility's electricity demand. This is the
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Global economic growth is expected to slow down to 3.2 percent this year, with the World Bank citing concerns over Japan's earthquake and Middle East unrest. While this forecast is not overly pessimistic, Chief Economist at Citigroup Willem Buiter believes that developed countries will struggle to achieve
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General Electric and Capital One Financial have submitted bids to acquire ING Group's U.S. Online Bank, according to a report by Bloomberg News. The sale may raise as much as $9 billion, and an agreement may be reached as soon as this month. The online bank has
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Qualcomm CEO Paul Jacobs discussed the company's strategy to stay at the forefront of innovation in the rapidly changing mobile technology landscape. Jacobs emphasized the importance of investing in various technology areas, including microprocessor technology, graphics, and sensors, to produce high-end smartphones with advanced features. Key Takeaways: * Qualcomm
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Researchers have warned that sports drinks and energy drinks contribute to obesity and health risks in children and teenagers. The beverages, often promoted as essential for hydration and performance, contain extra calories that children do not need. While adolescent athletes engaged in vigorous physical activity may benefit from the carbohydrates
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VeriFone Systems CEO Doug Bergeron participated in an exclusive interview with Bloomberg TV on May 26, 2011, discussing the company's recent partnership with Google and the future of mobile payments. Bergeron highlighted VeriFone's expertise in processing credit card transactions and its goal of facilitating a seamless
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Bloomberg TV's Matt Miller spoke with George Davis, CFO of Applied Materials, about the company's second-quarter earnings and the challenges facing the chip-making equipment industry. Applied Materials, the world's largest maker of chip-making equipment, posted slightly better-than-expected earnings, but warned of a potential 10%
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John Chen, CEO of Sybase, a separate unit of SAP, discussed the company's growth and ambitions in mobile enterprise software on Bloomberg TV's "Street Smart." Chen emphasized that a quarter of SAP's revenue is expected to come from mobile and in-memory technology,
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The European Union is facing a critical meeting in Brussels, where EU ministers will discuss the Greek bailout talks in the wake of the arrest of IMF boss, Dominique Strauss-Kahn. The absence of Strauss-Kahn is expected to have a significant impact on the discussions, as he was a key player
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Facebook Inc. enlisted the services of Burson-Marsteller, a public relations firm, to enlist reporters in writing stories that would portray Google Inc. in a negative light, highlighting concerns over user privacy. According to Burson-Marsteller, Facebook asked the firm to shed light on "publicly available information" about Google, without
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US lawmakers raised concerns about how consumer location data is collected and protected by Apple and Google in the new era of mobile devices. The two technology giants defended their practices, saying they do not track users' locations but do collect data on Wi-Fi hot spots and wireless towers
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Microsoft Corp. has sealed a significant partnership with Research In Motion Ltd. (RIM) to make Bing the default search engine and map application on RIM's BlackBerry smartphones. This move aims to boost Microsoft's presence in the mobile device market and challenge Google Inc.'s dominance.
