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Electronic Arts Raises Guidance on Strong Quarter

Electronic Arts Raises Guidance on Strong Quarter

Electronic Arts rode a wave of momentum through its fiscal first quarter, raking in cash from digital sales and raising its revenue and profit forecasts for the year.

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U.S. Beer Maker: Tax Code Encourages Foreign Takeovers

U.S. Beer Maker: Tax Code Encourages Foreign Takeovers

Almost 90% of the beer made in America now is made by foreign-owned companies—and the U.S. tax code is one of the big reasons, according to congressional testimony by the founder of the Boston Beer Co.

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IKEA Gets Deeper Into the Woods

IKEA Gets Deeper Into the Woods

IKEA is buying forests to wield more control over its most important raw material: wood.

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Google Quietly Distributes New Version of Glass

Google Quietly Distributes New Version of Glass

Google is quietly distributing a new version of its Glass wearable computer aimed at businesses in industries such as health care, manufacturing and energy, according to people familiar with the situation.

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LinkedIn Gets Boost From Lynda Deal

LinkedIn Gets Boost From Lynda Deal

LinkedIn’s stock fell in after-hours trading as investors realized that it beat growth expectations because of its recent acquisition of lynda.com, not because of a recovery in its core business.

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Asia’s Tech Startups Shrug Off Chinese Market Turmoil

Asia’s Tech Startups Shrug Off Chinese Market Turmoil

China’s stock-market turmoil has delivered a wake-up call to Asia’s tech startups, even as investor enthusiasm appears to remain strong for a wave of new companies coming up from the fast-growing region.

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Yelp Struggles, as Competition for Talent Impedes Growth

Yelp Struggles, as Competition for Talent Impedes Growth

Yelp Inc. is struggling with a problem analysts call the “unicorn bubble,” as the local search and advertising company competes with big startups for young employees that are vital to its growth.

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Banks Pitch Swaps as Alternative to Buying Stock

Banks Pitch Swaps as Alternative to Buying Stock

Banks are nudging certain hedge-fund clients to use derivatives instead of actual stocks when placing some bets, an effort aimed at lessening the impact of new capital rules on the banks’ businesses.

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Twitter Shares Fall After Report Revives User Base Questions

Twitter Shares Fall After Report Revives User Base Questions

Investors in Twitter drove down the company’s share price 15% on Wednesday after a disappointing quarterly report a day earlier.

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Facebook Revenue Jumps 39% as it Lures Big Advertisers

Facebook Revenue Jumps 39% as it Lures Big Advertisers

Facebook’s revenue jumped 39%, fresh evidence of its allure to big brands, as it and Google increasingly take the lion’s share of the fast-growing mobile advertising market. Photo: AP

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Whole Foods Sales Sour After Price Scandal

Whole Foods Sales Sour After Price Scandal

Whole Foods Market said sales dropped sharply last month following allegations that it overcharged customers in New York, helping cause the latest in a string of disappointing quarters for the natural foods grocer.

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Samsung Profit Falls, as Smartphone Sales Disappoint

Samsung Profit Falls, as Smartphone Sales Disappoint

Samsung said net profit for the second quarter fell 8% from a year earlier, as sales of the company’s flagship Galaxy S6 smartphone fell short of expectations.

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S&P Lowers Brazil’s Credit Outlook

S&P Lowers Brazil’s Credit Outlook

Standard & Poor’s downgraded its outlook for Brazil’s foreign-currency debt to negative from stable, stirring fears that Latin America’s largest economy could lose its investment-grade status.

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The Newest Job in Sports: Videogame Coach

The Newest Job in Sports: Videogame Coach

The growing money and fame in videogame tournaments over the past several years has hatched a field of coaches and other professionals who want in.

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Twitter’s Ad Woes Subside, but Growth Stalls

Twitter’s Ad Woes Subside, but Growth Stalls

Twitter’s advertising business appears to be working its way past a temporary hiccup, but the growing pains are far from over.

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