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Microsoft to acquire Internet phone pioneer Skype

NEW YORK (AFP) – US software giant Microsoft will buy Internet phone service company Skype for $8.5 billion dollars, the companies announced on Tuesday. “Skype is a phenomenal service that is loved by millions of people around the world,” said Microsoft chief executive Steve Ballmer in a statement. “Together we…

Microsoft posts $5.23 billion net profit

SAN FRANCISCO — US software giant Microsoft beat the expectations of Wall Street analysts on Thursday despite the weak market for personal computers. The Redmond, Washington-based Microsoft said net profit rose 31 percent to $5.23 billion in the third quarter of its fiscal year while revenue increased 13 percent to…

Washington Post profit hurt by newspaper weakness

WASHINGTON – The Washington Post Company reported Wednesday profit fell in the final quarter of 2010 as its newspaper division struggles with growing online competition. The company, publisher of the US capital’s biggest newspaper, posted net income of $79 million in the fourth quarter, down three percent from the same…

Murkowski catches a break: Court rules voters may see write-in list

Alaska high court blocks lower court ruling, says voters may see list of write-in candidates The Alaska Supreme Court late Wednesday blocked a lower court’s order and ruled that voters at polling places may see a list of write-in candidates. The ruling was good news for the campaign of incumbent…

Canadian teachers lose jobs over school lap dance

OTTAWA (AFP) – Two Canadian teachers have lost their jobs for performing a raunchy lap dance in front of high school students that became an overnight Internet sensation, education officials said Tuesday. “The Winnipeg School Division has accepted teacher Chrystie Fitchner’s resignation. The short term contract for Adeil Ahmed has…

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