Saksoft’s net profit up by 333 percent

CHENNAI - The city-based software company Saksoft Limited Tuesday declared its 2008-09 net profit was up by 333 percent though its topline remained flat compared to the previous year.

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Space and robotics technology used to improve forest planning and harvesting

WASHINGTON - Space and robotics technology have been combined to develop an advanced Precision Forestry Positioning System, which allows more efficient forest planning and harvesting.

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PayPal launches new seller protection for its eBay sellers

MUMBAI - PayPal, an eBay company, today announced that it is launching new protection for its eBay sellers.

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Facebook picks former Genentech finance chief David Ebersman as CFO

Facebook picks David Ebersman as new CFO

NEW YORK — David Ebersman, a former executive at biotech firm Genentech, was named Monday as Facebook's chief financial officer.

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Apple says CEO Steve Jobs is back at work a few days a week and working from home other days

Apple CEO Steve Jobs back at work few days a week

SEATTLE — Apple Inc. co-founder and CEO Steve Jobs is back at his office a few days a week after taking a 5½-month medical leave and getting a new liver.

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Business groups, companies appeal to China to drop Web filter plan, citing security worries

Companies appeal to China to drop Web filter plan

BEIJING — Global business groups have made an unusual direct appeal to Chinese Premier Wen Jiabao to scrap an order for PC makers to supply controversial Internet filtering software, citing security and privacy concerns.

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Analog Devices shares advance after analyst upgrades on cost cuts

Analog Devices shares climb after upgrade

NEW YORK — Shares of Analog Devices Inc. climbed Thursday after a Raymond James analyst upgraded the chip maker, saying it is "getting into fighting shape" by cutting expenses, which could boost its margins.

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Standard Microsystems posts 1st-qtr loss as revenue slides, but outlook sends shares higher

Standard Microsystems post 1Q loss, lower sales

HAUPPAUGE, N.Y. — Chip maker Standard Microsystems Corp. on Thursday posted a first-quarter loss, reversing a year-ago profit, hurt by lower sales and a settlement charge.

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Medidata Solutions shares surge up to 29 percent above IPO value in first day of trading

Medidata Solutions shares surge on IPO

NEW YORK — Shares of software maker Medidata Solutions surged 29 percent beyond the company's initial public offering value Thursday.

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PC makers race to comply with China Web filter order as Washington presses for repeal

PC makers race to comply with China's Web filter

BEIJING — Days before a deadline abruptly imposed by China, computer makers are scrambling to comply with an order to supply Web-filtering software with PCs amid concerns about what it might do to their reputations.

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