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U.S. firms pile up cash, but not jobs

NEW YORK — Piles of cash built up since the financial crisis have left big US companies sitting pretty as financial markets gyrate, but their reluctance to invest is holding back US growth. The result is that while corporate America is looking good amid all the instability, the country is…

Android conquers almost 50 percent of smartphone market

FRANKFURT (Reuters) – Google’s Android platform has taken almost 50 percent of the global smartphone market, dominating in the Asia-Pacific region, research firm Canalys said on Monday. Android, which Google acquired in 2005 and launched on phones in 2008, is used by almost all the major phone makers including HTC,…