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Photo storage service SmugMug acquires Flickr

(Reuters) – Photo management platform SmugMug said on Friday it has agreed to buy image and video-hosting website Flickr for an undisclosed amount. Flickr will continue to operate as a separate entity after the deal closes, SmugMug said. “Uniting the SmugMug and Flickr brands will make the whole photography community …

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Acxiom CEO says data industry bracing for regulation

SAN FRANCISCO (Reuters) – Companies that buy and sell consumer data are preparing for increased scrutiny from U.S. lawmakers after a scandal over how social network Facebook handles personal information, Acxiom Corp’s chief executive said on Friday. Scott Howe told Reuters in a phone interview that Acxiom, among the largest …

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Twitter bans ads from Russia’s Kaspersky Lab

(Reuters) – Twitter Inc (TWTR.N) said on Friday that it has banned ads from Moscow-based Kaspersky Lab, saying the cyber-security company’s business model conflicts with advertising rules and citing U.S. government claims that Kaspersky has ties to Russian intelligence agencies. FILE PHOTO: Eugene Kaspersky, Chief Executive of Russia’s Kaspersky Lab, …

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Biotech companies Alnylam, Dicerna settle trade secrets case

BOSTON (Reuters) – Dicerna Pharmaceuticals Inc on Friday said it will pay $17 million plus stock to Alnylam Pharmaceuticals Inc to resolve a lawsuit claiming it stole trade secrets about gene-silencing technology used to develop drug treatments. The settlement between the two biotech companies resolves a lawsuit that Alnylam filed …

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Crypto trading tumbles as investment scramble unwinds

LONDON (Reuters) – Trading activity on cryptocurrency exchanges has halved from its December peak, industry data shows, as retail interest in the virtual coins declines and the prices of many remain far below their recent highs. Yoshinori Kobayashi, bitcoin trader, demonstrates a bitcoin application on his mobile phone during an …

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