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Nov 26, 2013

FINANCIAL TIMES | FT EXCLUSIVE November 26, 2013: RBS Faces Possible Criminal Probe

Tuesday November 26 2013


RBS faces possible criminal probe
The Serious Fraud Office is considering a criminal investigation into allegations Royal Bank of Scotland systematically defrauded companies by forcing them out of business, amid growing pressure on the bank over its treatment of small and medium-sized concerns

Reuters | Technology Report November 26, 2013: HP quarterly revenue falls.

HP quarterly revenue falls
SAN FRANCISCO (Reuters) - Hewlett-Packard Co's fiscal fourth-quarter revenue fell 3 percent on shrinking personal computer and printer sales, but revenue from its key enterprise group rose - an optimistic sign that sent the company's shares over 6 percent higher.
Surviving Chairman Ma: Life in the shadow of China's Alibaba
SHANGHAI (Reuters) - In a small research lab in Palo Alto, California, flanked by Hewlett-Packard Co and Stanford University, China's largest electronics retailer is learning how to compete online.
Privately held Cox looking at bid for Time Warner Cable: WSJ
(Reuters) - Privately held Cox Communications is considering bidding for Time Warner Cable either on its own or as part of a joint bid, The Wall Street Journal reported on Tuesday, citing anonymous sources.
Hellman & Friedman to buy Applied Systems for $1.8 billion
(Reuters) - Private equity firm Hellman & Friedman LLC (H&F) has struck a deal to buy insurance software provider Applied Systems from Bain Capital LLC for $1.8 billion, H&F said on Tuesday.
Vivendi supervisory board backs demerger, Bollore
PARIS (Reuters) - Vivendi's supervisory board on Tuesday unanimously backed a plan to demerge the group's SFR business as it reduces exposure to telecoms and focuses on media.
H3G joins T-Mobile Austria in telco auction appeal
VIENNA (Reuters) - Hutchison Whampoa's Austrian telecoms unit said it would appeal against the result of a spectrum auction that cost the country's three carriers 2 billion euros ($2.7 billion).
Small software maker wins $24.8 million judgment vs. Lockheed
WASHINGTON (Reuters) - Command Technology Inc, a privately held firm that developed electronic maintenance manuals for Lockheed Martin Corp's F-16 fighter jet, has won a $24.8 million judgment against the Pentagon's biggest supplier for unfair competition.
German watchdog ends Amazon probe after pricing concession
BERLIN (Reuters) - Germany's antitrust watchdog has dropped an investigation into Amazon after the world's biggest Internet retailer agreed to stop forcing third-party merchants to offer their cheapest price when selling products on its platform.
Insight: At Web startups, glossy numbers often mean little
SAN FRANCISCO (Reuters) - A growing group of social and mobile Web services are poised to become the next Facebook Inc. Just ask them.
China probe may be aimed at Qualcomm's 4G royalties
(Reuters) - China's anti-trust investigation into Qualcomm, the world's biggest smartphone chip maker, is likely tied to the impending $16 billion rollout of commercial fourth-generation services by China's big telecoms carriers.