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Square's COO Resigns After Sexual Harassment Claim | Friday, January 25, 2013 4:56 PM | Seth Fiegerman |
| Square announced late Thursday that COO Keith Rabois was leaving the company to pursue other opportunities. Now, the Wall Street Journal is reporting that his resignation came after a sexual harassment claim from an unnamed employee at Square. The Journal reports hearing from Square that a lawyer representing the employee in question accused Rabois of sexual harassment and said that the company had failed to take necessary action.
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RIM's BlackBerry to Run First Super Bowl Ad | Friday, January 25, 2013 4:46 PM | Todd Wasserman |
| Research in Motion will run its first Super Bowl ad, which will spotlight its new BlackBerry 10 smartphone and platform. The company did not disclose any details about the ad. London's AMV BBDO is creating the ad.
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London: The Hottest Tech Scene Since Silicon Valley? | Friday, January 25, 2013 3:40 PM | Monty Munford |
| London’s so-called "Silicon Roundabout" east of downtown can appear underwhelming. The attached Tube station is decrepit, the shops below ground are tatty, and at night its psychogeography seems deliberately designed to attract muggers and thieves. It doesn’t get much better above the surface. Traffic swirls around the unwieldy Old Street roundabout , which is dominated by a huge billboard.
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Exxon Mobil Passes Apple to Become World's Most Valuable Company | Friday, January 25, 2013 11:51 AM | Seth Fiegerman |
| Apple lost its title as the most valuable company in the world on Friday. Apple's market cap plummeted below $420 billion on Friday after a disappointing earnings report earlier in the week, allowing Exxon Mobil to regain its title as the most valuable company by market cap. Apple ended the day with a market cap of $413 billion, about $5 billion less than Exxon's market cap.
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AT&T Will Buy Spectrum From Verizon For $1.9 Billion in Cash | Friday, January 25, 2013 11:23 AM | Seth Fiegerman |
| If you can't beat 'em, buy their airwaves. AT&T announced Friday that it has agreed to buy spectrum from rival carrier Verizon Wireless for $1.9 billion in cash and Advanced Wireless Services spectrum licenses in several markets. The deal is part of AT&T's ongoing effort to bolster its 4G LTE network.
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Don’t Get Too Excited — Lenovo Probably Can’t Buy RIM | Friday, January 25, 2013 10:39 AM | Quartz |
| The CFO of China’s Lenovo, the second-biggest personal computer manufacturer in the world, said yesterday that the company was thinking about a possible deal with Canada’s Research in Motion. RIM-bulls rejoiced: The company’s shares rose around 3%, closing at C$17.80, marking a 52-week high. The logic is not dissimilar from Lenovo’s purchase of IBM’s ThinkPad laptop business from IBM in 2005.
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Marissa Mayer's Plan to Make Yahoo Part of Your Daily Mobile Routine | Friday, January 25, 2013 10:20 AM | Lauren Indvik |
| Marissa Mayer wants Yahoo to be a part of your everyday life, and she's pursuing a multi-pronged strategy to achieve it. In a half-hour interview with Bloomberg Television's Erik Schatzker in Davos, Mayer spoke about the need to work Yahoo into people's daily activities — checking the weather and the news, playing games — through mobile, personalization and partnerships.
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Facebook Defriends Vine and Two Other Stories You Need to Know | Friday, January 25, 2013 9:51 AM | Stan Schroeder |
| Welcome to this morning's edition of "First To Know," a series in which we keep you in the know on what's happening in the digital world. Today, we're looking at three particularly interesting stories. Facebook seems to have "defriended" Twitter's vine, though we're not sure whether Facebook is trying to keep its knowledge of all our real-friends to yourself, or it's a retaliation for Twitter’s lockdown of Facebook's own API last year.
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Report: Huawei Is Now the World's No. 3 Smartphone Maker | Friday, January 25, 2013 9:48 AM | Todd Wasserman |
| China's Huawei more than doubled its market share over the last year to become the world's third largest smartphone maker by units, according to a new report by IDC. Huawei joins familiar names like Samsung (#1), Apple (#2) and Sony (#4), but holding the fifth position is another upstart from China: ZTE.
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Samsung Posts Record $6.6 Billion Profit in 4Q on Strong Mobile Sales | Friday, January 25, 2013 9:39 AM | Seth Fiegerman |
| Samsung's revenue and profits are growing at a nearly Apple-level pace, at least for now. The company announced Friday that it generated revenues of $52.4 billion in the December quarter, an increase of about 18.5% from the fourth quarter in 2011 and just shy of the record $54.5 billion in revenues that Apple reported for the same quarter.
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Brands Are Already Experimenting With Twitter's Vine | Friday, January 25, 2013 9:07 AM | Todd Wasserman |
| Vine — Twitter's GIF-like looping video platform — has been out for less than 24 hours, but some brands are already experimenting with it. Perhaps the most enthusiastic early adopter is Urban Outfitters, which has created two Vines so far: The most important Vine you'll ever see. #uodogs vine.co/v/b5HEYV0IQPJ — Urban Outfitters (@UrbanOutfitters) January 24, 2013 Celebrating Beer Can Appreciation Day.
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