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Facebook Aims to Drive Down Tech Prices to Expand Its Reach

SAN FRANCISCO — Mark Zuckerberg, Facebook’s co-founder and chief executive, is clear about his vision for his company: He wants to triple the size of his social network, which now has 1.6 billion members. But to reach that new audience, he has to find a way to change telecommunications networks ...

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Renewable Energy Stumbles Toward the Future

It was just last summer that SunEdison was a Wall Street darling, the very air around the fast-growing company seeming to shimmer with potential. SunEdison was, after all, a red-hot company in a red-hot space — renewable energy. Its market capitalization reached nearly $ 10 billion, putting it on a ...

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Credit access remains tight for Vietnam's small companies: group

The private sector, especially small companies, continues to face hurdles in obtaining loans and is failing to compete with regional competitors, a business group has said.  Vo Tan Thanh, deputy chairman of the Vietnam Chamber of Industry and Commerce (VCCI), which represents thousands of businesses in the country, said that ...

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Tycoons jostle for stakes as Vietnam's buy-Thai market booms

Through supermarkets, malls, dairy and beer, Thai tycoons are pursuing deals in Vietnam that could break mergers and acquisitions records in the upwardly mobile market of 90 million people, at the expense of their Asian rivals. Vietnam’s swelling middle-class sees Thai products as better and more affordable than Japanese and ...

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Intel to Cut 12,000 Jobs as PC Demand Slumps

By QUENTIN HARDY April 19, 2016 SAN FRANCISCO — Intel, the world’s largest maker of semiconductors, said on Tuesday that it was laying off 12,000 people, about 11 percent of its work force, as it continues to reel from a long downturn in global demand for personal computers. The company’s chief executive, ...

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