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The Gillette Group headquartered in Trinidad and Tobago and founded in 1983 under the banner of Computers and Controls Ltd., has twenty - two years later, grown beyond the boundaries of Trinidad and Tobago, extending its business interests across the Caribbean region and into North America... more

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Verizon to buy Yahoo's core business for $4.8 billion in digital ad push
Mon, 25 Jul 2016 21:09:26 -0400

A combination photo of Yahoo logo in Rolle Switzerland and a Verizon sign in San Diego CaliforniaBy Malathi Nayak and Deborah M. Todd NEW YORK/SAN FRANCISCO (Reuters) - Verizon Communications Inc said on Monday it would buy Yahoo Inc's core internet properties for $4.83 billion in cash, marking the end of the line for a storied Web pioneer and setting the stage for a big new internet push by the telecom giant. Verizon will combine Yahoo's search, email and messenger assets as well as advertising technology tools with its AOL unit, which it bought last year for $4.4 billion. Verizon has been looking to mobile video and advertising for new sources of revenue outside the oversaturated wireless market.


Amazon gets permission from UK to explore drone deliveries
Mon, 25 Jul 2016 19:59:57 -0400

Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City(Reuters) - Amazon.com Inc said on Monday it has entered into a partnership with the British government to speed up the process for allowing small drones to makes deliveries. The world's biggest online retailer, which has laid out plans to start using drones for deliveries by 2017, said a cross-government team supported by the UK Civil Aviation Authority had provided it with the permissions necessary to explore the process. Amazon unveiled a video last year showcasing how an unmanned drone could deliver packages, narrated by former Top Gear TV host Jeremy Clarkson.


Nintendo shares dive as company plays down Pokemon GO's earnings impact
Mon, 25 Jul 2016 02:31:26 -0400

Cosplayer dressed as a character of the augmented reality mobile game "Pokemon Go" by Nintendo participate in a "poketour" organized by the municipality in San SalvadorBy Junko Fujita TOKYO (Reuters) - Shares in Nintendo Co tumbled as much as 18 percent on Monday after the company said Pokemon GO would have a limited impact on its earnings - their biggest setback so far after a huge run-up on the smash-hit game. The Kyoto-based gaming company, which is due to report first-quarter results this week, surprised markets with a statement on Friday that income garnered through its 32 percent stake in affiliate Pokemon Company, which owns the licensing rights, would be limited and that it did not plan to revise its earnings outlook for now. "The market has overreacted to the Nintendo statement," said David Gibson, a senior analyst at Macquarie Securities Group, noting the game in Japan had broken records with 10 million downloads in one day.


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