Marvell Technologies to cut jobs in mobile business

(Reuters) – Chipmaker Marvell Technology Group Ltd said it would cut about 17 percent of its global workforce as the company trims its mobile business. Marvell said it would now focus on emerging opportunities in businesses such as automotive and Internet of Things, the concept of connecting household devices to the Internet.

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EU launches inquiry into web companies’ online behavior

By Julia Fioretti BRUSSELS (Reuters) – The European Commission on Thursday launched an inquiry into the behavior of online companies such as Google, Facebook and Amazon to try to gauge whether there is a need to regulate the web. It is not clear whether the inquiry will lead to any regulation of the Internet in the European Union, but it provides more evidence that mainly U.S

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Russia’s Mail.ru buys maps service company to lure mobile users

MOSCOW (Reuters) – Russian email-to-online-gaming group Mail.ru said on Thursday it had acquired MAPS.ME, a maps and navigation service for mobile devices, to help expand its global audience. Mail.ru, majority-owned by Russia’s richest man Alisher Usmanov, had announced plans to expand in foreign markets in October 2012 and launched the my.com brand, which now offers an email service for mobile phones, as well as chat and games

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China’s Tencent, Warner Music partner for music streaming

BEIJING (Reuters) – Chinese fans of Linkin Park and Jason Mraz will be able to stream licensed music from Tencent Holding Ltd after the internet firm said on Thursday it had signed a distribution deal with Warner Music Group (WMG). In a statement, the two companies said the deal would help music companies and artists by giving consumers better access to licensed music. The terms of the deal were not disclosed

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