Big Tech

Zillow Inc (Z) rumored to be in talks to acquire Trulia Inc (TRLA)

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Zillow Inc (NASDAQ:Z) is rumored to be in talks to acquire Trulia Inc (NYSE:TRLA). This would create a dominant search website for people that are looking for houses in the U.S. Zillow is the largest real estate website and it would acquire the second largest for $2 billion in cash and stock, according to sources with Bloomberg.

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Facebook hits nearly $3 billion in quarterly revenue

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On Wednesday, Facebook announced its second quarter earnings after the stock market closed. Facebook reported a net income of $791 million (30 cents per share). Non-GAAP earnings were 42 cents per share on revenues of $2.91 billion, which is an increase of 61% from the same quarter last year.

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Google acquires DrawElements for more than $10 million

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Google has acquired Helsinki-based 3D graphics startup DrawElements for more than $10 million. The terms of the deal were undisclosed, but Arcticstartup.com reported that it was over $10 million.

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Microsoft CEO says that there is one Windows coming for all devices

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On Tuesday, Microsoft CEO Satya Nadella said that all versions of Windows will be merged into one for all devices. Microsoft discussed the possibility of merging operating systems in the past.

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Microsoft confirms it is not building a Surface Mini

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Microsoft has confirmed that it will no longer release a Surface Mini in the spring. During the company’s quarterly earnings call on Tuesday, CFO Amy Hood said that part of the reason why Microsoft’s line of Surface tablets saw a revenue drop is because it decided to kill an unreleased product.

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LinkedIn Corp (LNKD) to acquire Bizo for $175 million

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LinkedIn Corp (NYSE:LNKD) has announced that it has acquired Bizo. Bizo is a company that helps advertisers reach a target audience. The deal is valued at $175 million — 90% cash and 10% stock.

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Microsoft Corporation (MSFT) profit drops due to Nokia’s phone business

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Microsoft Corporation (NASDAQ:MSFT) surpassed Wall Street estimates after jumping 17% in revenues, but its profits saw a 7% drop because of Nokia’s struggling phone business. Microsoft acquired Nokia in April to challenge companies like Samsung and Apple in the smartphone market and it added almost $2 billion to Microsoft’s quarterly revenue.

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Apple Inc. (AAPL) reports Q3 results

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Apple Inc. (NASDAQ:AAPL) has announced its fiscal Q3 2014 earnings. Apple reported $37.4 billion in revenue and $7.7 billion in net profit ($1.28 per share). This is 5.9% revenue growth from a year ago and 19.6% in EPS (adjusted for the 7-for-1 split). Apple’s guidance from its last earnings released was between $36 billion and $38 billion in revenue with gross margin between 37% and 38%.

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