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ICC: Microsoft infringed on Motorola Mobility patents

ICC: Microsoft infringed on Motorola Mobility patents

Microsoft infringed Motorola Mobility's patents in making its popular Xbox gaming consoles, a judge for the International Trade Commission ruled on Monday.

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Facebook Q1 revenue tops $1B

Facebook Inc.'s first-quarter revenue climbed 45 percent to just over $1 billion as daily active users leapt 41 percent, the world's largest social network disclosed ahead of its...

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RIM hires restructuring firm

RIM hires restructuring firm

BlackBerry maker Research In Motion has hired law firm Milbank, Tweed, Hadley & McCloy LLP to work out a restructuring plan that could include selling assets, seeking joint...

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German court deals YouTube new copyright blow

German court deals YouTube new copyright blow

Google Inc.'s YouTube and similar online music and video services may face a hefty royalties bill in Germany after a Hamburg court ruled in favor of copyright owners in a...

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Lawsuit against Apple for 'bait' apps moves forward

Lawsuit against Apple for 'bait' apps moves forward

A group of California parents calling Apple's in-app purchasing practices rotten for luring their kids with expensive "addictive"  game apps gets to proceed with a class-...

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Maryland the first state to pass bill protecting passwords

Maryland the first state to pass bill protecting passwords

Maryland is poised to become the first state to ban employers from demanding applicants or workers hand over their log-in information for social media sites like Facebook.

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Local venture capital funding up, deals down in Q1

Local venture capital funding up, deals down in Q1

Chicago-area companies raised $104 million in venture capital through 13 deals in the first quarter of 2012, according to data released Friday by Dow Jones VentureSource.

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Analyst expects faster iPhone5 in October

Analyst expects faster iPhone5 in October

Bloomberg News reports: According to a Piper Jaffray analyst, you can expect the iPhone5 to debut in October with a new design and faster wireless networks.

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Microsoft tops Q1 estimates

Microsoft tops Q1 estimates

Microsoft Corp. beat Wall Street's profit forecast as computer sales held up better than expected, lifting its shares 2.5 percent after hours.

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Verizon planning marketing push for Windows smartphones

Verizon planning marketing push for Windows smartphones

Verizon Wireless plans to put its marketing weight behind Microsoft Corp.'s next mobile phone software to help develop a strong competitor to Apple Inc. and Google Inc.,...

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Impact Engine names Chuck Templeton managing director

Impact Engine names Chuck Templeton managing director

Local entrepreneur Chuck Templeton has been named managing director of Impact Engine, a Chicago-based incubator focused on start-up and early stage companies looking to solve...

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Verizon adds a half million subscribers in 1Q

Verizon adds a half million subscribers in 1Q

Verizon Communications Inc. posted higher quarterly earnings and revenue that grew 4.6 percent as it added new mobile subscribers.

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Lightbank leads $5M funding in social events startup

Lightbank leads $5M funding in social events startup

Chicago-based early-stage investment firm Lightbank has led a $5 million funding round in Lifecrowd, a Santa Monica, Calif.-based startup that helps consumers participate in...

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EBay beats Street, raises forecast

EBay beats Street, raises forecast

EBay Inc. reported better-than-expected increases in quarterly sales and profit on Wednesday, driven by growth in the e-commerce company's Marketplace and PayPal businesses.

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Apple wants trial in e-book price-fixing case

Apple wants trial in e-book price-fixing case

Apple Inc. wants to go to trial to defend itself against U.S. government allegations that it conspired with publishers to raise prices of electronic books, a lawyer for the Silicon...

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Northlake data center to expand

Northlake data center to expand

Ascent Corp., a St. Louis-based developer of data centers, said Wednesday that it has borrowed $107 million to expand a facility in Northlake and pursue new markets.

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Verizon plans wireless spectrum sale after cable deal

Verizon plans wireless spectrum sale after cable deal

Verizon Wireless plans to put a chunk of wireless spectrum up for sale as it looks for regulatory approval of its controversial plan to purchase a block of spectrum from cable...

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Uber to test on-demand taxi service in Chicago

Uber to test on-demand taxi service in Chicago

Uber, the startup that connects consumers with luxe car service, is testing a new taxi program in Chicago.

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Twitter pledges to limit use of patents in lawsuits

Twitter pledges to limit use of patents in lawsuits

SAN FRANCISCO -- Oracle and Google were facing off in the second day of a high-stakes intellectual property showdown in a San Francisco federal courtroom Tuesday when Twitter...

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Website matches passengers with private flights

Website matches passengers with private flights

A new Chicago-based website aims to match aircraft charter operators with passengers looking for private-jet flights, sometimes at steep discounts.

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Groupon buys Ditto.me location app service

Groupon buys Ditto.me location app service

Forbes reports: Groupon has bought Ditto.me, a location-focused mobile app startup. Terms were not disclosed but Ditto.me said on its website that it would wind...

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Second City third in cybercrime

Second City third in cybercrime

The Second City came in third for online crime origination according to a study released Tuesday by ThreatMatrix, a San Jose, Calif.-based cybercrime prevention company.

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MasterCard partners with Local Offer Network

MasterCard partners with Local Offer Network

MasterCard said Tuesday it has partnered with Chicago-based Local Offer Network, a company that aggregates and syndicates daily deals, to offer these kinds of discounts to its...

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Privacy watchdogs call for new Google probe

Privacy watchdogs call for new Google probe

SAN FRANCISCO — Privacy watchdogs are urging the nation's top law enforcer to launch a new investigation into Google Inc. after the Federal Communications Commission did...

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OptionsXpress, 5 employees charged with naked-short selling

OptionsXpress, 5 employees charged with naked-short selling

Online brokerage OptionsXpress and five individuals were charged by the Securities and Exchange Commission on Monday with involvement in a so-called naked short-selling scheme.

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