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Recession fear plunders Wall Street, Dow dives 678.91

NEW YORK, Oct. 9, 2008 (Reuters) — Stocks plummeted for a seventh straight session on Thursday as investors bet recent moves by authorities worldwide to thaw frozen credit markets would not be enough to avert a global recession. ...  > full story

IBM's earnings strength calms tech jitters

NEW YORK, Oct. 8, 2008 (Reuters) — IBM posted a higher-than-expected preliminary quarterly profit and affirmed its full-year outlook, calming some fears that the financial crisis is sparking a meltdown in technology demand. ...  > full story

Stocks fall for 6th session on recession fear

NEW YORK, Oct. 8, 2008 (Reuters) — Stocks fell for a sixth straight session on Wednesday, as a coordinated worldwide cut in interest rates failed to alleviate fears about a global recession. ...  > full story

YouTube to sell music, games in revenue push

NEW YORK, Oct. 7, 2008 (Reuters) — YouTube, the world's most popular video-sharing site, will start to sell music and video games and experiment with new advertising formats to grow revenue, executives said on Tuesday. ...  > full story

Ask revamps for faster Web search, more relevance

NEW YORK, Oct. 6, 2008 (Reuters) — IAC Corp's Ask.com is overhauling its Web search engine to deliver faster results and improved relevance as it bids to win share from market leader Google Inc. ...  > full story

SAP says saw business drop off at end of quarter

FRANKFURT, Oct. 6, 2008 (Reuters) — Software group SAP has seen business drop off abruptly, which means third-quarter revenue from software and software-related services was now expected to rise only 13-14 percent, it said on Monday. ...  > full story

Oracle slides 8 percent after SAP warns on quarter

NEW YORK, Oct. 6, 2008 (Reuters) — Shares of Oracle Corp , the world's third-largest software maker, slid more than 8 percent to $17.84 on Monday after German rival SAP AG said it saw business drop off at the end of the third quarter. ...  > full story

EBay to cut 10 percent of jobs

NEW YORK, Oct. 6, 2008 (Reuters) — EBay Inc plans to cut its work force 10 percent and sees third-quarter revenue hitting the low end of its forecast, though profit will exceed expectations, the online auction Web site said on Monday. ...  > full story

Paulson to name adviser to oversee U.S. bailout: report

PHILADELPHIA, Oct. 6, 2008 (Reuters) — Treasury Secretary Henry Paulson is expected to name Neel Kashkari to oversee the $700 billion program to buy distressed assets from financial institutions, The Wall Street Journal reported on Sunday. ...  > full story

Google, Yahoo delay search ad partnership

WASHINGTON, Oct. 3, 2008 (Reuters) — Google Inc and Yahoo Inc have decided to delay implementing a controversial search advertising partnership, Yahoo said on Friday. ...  > full story
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