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Yahoo acquires video chat startup company

SAN FRANCISCO (Reuters) – Yahoo Inc said it acquired a five-person video chat company on Tuesday, the second deal by new Chief Executive Marissa Mayer to bolster Yahoo’s mobile capabilities.

Yahoo did not disclose the financial terms of its acquisition of OnTheAir, but said the team would be joining Yahoo’s mobile group.

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Yahoo lays off 2,000 workers

SAN FRANCISCO (Xinhua) — Yahoo on Wednesday announced to lay off 2,000 employees, or about 14 percent of the company’s workforce.

“Today’s actions are an important next step toward a bold, new Yahoo — smaller, nimbler, more profitable and better equipped to innovate as fast as our customers and our industry require,” said Yahoo Chief Executive Officer Scott Thompson in a statement.

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Netflix kills plan to split off DVD rentals

NEW YORK (AP) — Netflix generates more head-scratching plot twists than a cheap B-movie.

On Monday, the company said it would reverse a previously announced decision to put its DVD-by-mail and Internet streaming services on separate websites, a plan that was widely derided by Netflix subscribers.

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Twitter to set up int’l office in Dublin

DUBLIN (Xinhua) — Ireland’s Industrial Development Agency (IDA) said on Monday that the social networking website, Twitter, is set to establish an international office in Dublin.

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TCN Announces Partnership with Debt$Net® to Offer Integrated Telephony Services

TCN Inc. today announced a partnership with The Computer Manager, Inc., a leading Washington-based debt collection software company that produces Debt$Net® Collection Software. The partnership will enable Debt$Net® users to utilize TCN web-based telephony services that are integrated with Debt$Net® Collection Software.

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