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+10 +5
The Myth of Technological Unemployment
In 2012, a lot of firms employed a lot of new labor-saving technology in order to increase profits. That's true. But the same happened in 1992 and 1972 and 1952 and, for that matter, 1852.
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+10 +2
Apple’s once-mighty stock continues to crumble, sinks below $500
Fueled by concerns that iPhone 5 demand has weakened, investors are abandoning Apple, sending the company's stock under the $500-per-share mark.
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+12 +4
5 PC industry omens hidden in Intel's financial statements
Intel's yearly earnings statement slips glimpses of the PC industry's future between boring talk about non-GAAP comparisons and the amortization of intangible assets.
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+4 +2
Atari files for bankruptcy protection in bid to save legendary brand
The leadership of Atari Inc., what’s left of the gaming legend behind Pong and the Atari 2600, is filing for Chapter 11 bankruptcy protection.
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+8 +5
An Apple Conspiracy? Theories on That $500 Close
Investors are more likely to grow suspicious about market-fixing when stocks lose value. In Apple's case, experts cite the inherent tendencies of options markets...
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+9 +4
Will Exxon Beat Apple and Get On Top of US Market Cap List
Exxon used to be America's most valuable company by market capitalization until it was displaced by Apple, and now in the wake of Apple's "disappointing" earnings report they've ended up neck-in-both both at around $415 billion with the exact numbers changing every minute. Something worth noting is this means the...
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+8 +1
World's most valuable company is Exxon, not Apple
As Apple prices lose their shine, Exxon Mobil becomes world's most valuable company.
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+6 +1
Why the Facebook and Apple empires are bound to fall
History should teach us that for today’s technology titans, the only way is down.
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+6 +2
The Zombie Websites Of Dead Retailers
Braaaaaaaains...
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+4 +1
How BlackBerry 10 can snatch RIM from the jaws of death
Facing a downward spiral and irrelevance, RIM is betting its future on BlackBerry 10.
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+5 +1
Zimbabwe only has $217 in the bank
Zimbabwe finance minister Tendai Biti says in this AFP report detailing the country's perilous fiscal situation: "Last week when we paid civil servants there was $217 (left) in government coffers," Biti told journalists in the capital Harare, claiming some of them had healthier bank balances than the state.
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+5 +2
Facebook Profit Falls; Ad Sales Strengthen
Facebook reported a 40% fourth-quarter revenue jump as it ramped up its mobile business and offered new tools to advertisers, but the firm's shares slipped in after-hours trading.
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+8 +3
Why Amazon Is Special and Apple Is Not
Apple's core business is something that practically everybody wants to do. Amazon's core business is something that practically nobody wants to do.
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+8 +3
Ecommerce Sales Topped $1 Trillion Worldwide in 2012
Ecommerce is now a trillion-dollar industry. Global ecommerce sales passed $1 trillion in 2012 for the first time ever.
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+5 +3
State of the Union: 6 highlights from President Obama's address
Obama presses the GOP on the budget, calls for a hike in the minimum wage, and makes a forceful argument for more gun control.
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+6 +2
Several out of work as Valve makes 'large decisions' about its future
Several employees were let go from Steam and Half-Like maker Valve on Tuesday, in what affected employees describe as the company making "large decisions" about its future as a business.
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+7 +4
Blockbuster job losses hit 2,300 as 164 more stores close
Administrators for DVD rental chain Blockbuster have announced their biggest single round of store closures since being appointed in January, putting a further 1,400 jobs at risk.
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+7 +5
McDonald's Is Falling After Obama's Call For A $9 Minimum Wage
Other fast food stocks down as well.
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+7 +3
BlackBerry Co-Founder Sells Off His Entire Stake in Company
This is supposed to be BlackBerry's big year, but it looks like at least one former exec isn't too confident about the company's comeback.
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+6 +3
Berkshire Joins 3G Capital to Buy Heinz in $23 Billion Deal
Warren Buffett’s Berkshire Hathaway Inc. and Jorge Paulo Lemann’s 3G Capital agreed to buy HJ Heinz Co. for about $23 billion, ending the independence of an iconic ketchup maker that traces its roots to the 1860s.
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