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Bitcoin speculators may opt for cost-effective Litecoin instead

Jason O'Grady offers Bitcoin speculators a more cost-effective investment in Litecoin, a crypto-currency which is second to Bitcoin in terms of market capitalization.

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Coca-Cola splits its US businesses, analysts at odds with decision

Coca-Cola Co's decision to split its bottling division and franchising unit had elicited mixed reactions from analysts and the financial markets. Coca-Cola Co reasoned that it intends to go back to its traditional franchising model after the separation has been completed.

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Bitcoin's unfamiliarity with most of US is speculators' gain - study

Recent study about the unfamiliarity of Bitcoins in most of Americans deduced that unless the virtual currency actually collapses, speculators, especially early investors, could continue reap gains as the virtual currency continuously rises.

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Google as a new client sees shares of UK chip designer ARM soar

The news about Google Inc's plan to use the technology of British chip designer ARM Holdings Plc for the former's server chips had seen the latter's shares rising to as much as 5.7%.

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BlackBerry extends option deadline of its $1 billion convertible debt offering

BlackBerry Ltd released a brief statement late Thursday that it has extended its deadline for debtholders who would like to purchase additional shares to January 13 next year.

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Microsoft CEO might be Nadella after Qualcomm promotes Mollenkopf as CEO - report

With Microsoft wanting to consider an internal employee for its new chief and its rumored shortlist dwindling with the promotion of Steve Mollenkopf as new Qualcomm chief, a TechCrunch report said the tech giant's new CEO might be Microsoft Cloud and Enterprise chief Satya Nadella by default.

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Processor design firm ARM acquires Need for Speed graphics and lighting tech provider Geomerics

Cambridge, England-based ARM's acquisition of graphics and lighting tech for games maker Geomerics was strategic, as the former intends to extend its reach in visual computing.

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Sycamore to announce $1.2 billion Jones Group acquisition by next week - sources

According to one of the two sources who were knowledgeable of the process, private-equity firm Sycamore Partners might announce its $1.2 billion acquisition of Jones Group Inc as early as next week.

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Wall Street will be moving hundreds of millions into Bitcoin - SecondMarket chief

SecondMarket founder and chief executive Barry Silbert claimed in an article on Entrepreneur that Wall Street will soon invest their money in hundreds of millions into Bitcoin.

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Simon Property Group spins strip center unit to a REIT

US operator of shopping malls Simon Property Group announced its proposed spin-off of its cluster portfolio of its strip centers and malls as a REIT on Friday.

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Las Vegas Sands to cancel Spanish mega-casino investment plans

US casino operator Las Vegas Sands said on Friday that it will drop its over $30 billion investment plans into Eurovegas, a mega-casino project to be established in Madrid.

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EU joins China, Germany and Norway about the danger of using Bitcoin

The European Union through its European Banking Authority expressed warning similar to China, Germany and Norway regarding the risks associated in using Bitcoins as payment.

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Israel's Cell Buddy vows to end roaming charges in mobile phones

Cell Buddy, an Israeli startup, vows to eliminate the risks of mobile phone users getting charged unexpectedly with roaming fees when traveling abroad, an Associated Press report said.

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Shift in UK grocery retail causes major retailers to downsize

A report by Reuters said the financial crisis had shifted consumer spending habits in the UK from making bulk purchases in superstores to frequent small purchases in nearby small shops, prompting major grocers to change focus of their capital investment to the new consumer trend to attract potential investors.

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Central bank of Russia shuts down Investbank, two more in criminal activity crackdown

Investbank, Smolenksy and Project Finance Bank had been stripped off of their operating licenses due to dubious activity and payment issues with creditors and depositors, the Russian central bank said in separate statements on Friday.

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