San Francisco: Amazon.com Inc said it had acquired Liquavista NV from Samsung Electronics Co to help the world's largest Internet retailer develop new displays for mobile devices.
Amazon also launched its own digital currency, Amazon Coins, on Monday, allowing people to buy apps and games in its app store and on its Kindle Fire tablet computers.
The purchase price for Liquavista was not disclosed. Bloomberg News reported earlier this year that Samsung was seeking less than $100 million for the business. Samsung bought the Netherlands-based company in early 2011 for an undisclosed sum. A Samsung spokeswoman did not respond to requests for comment on Monday.
Amazon is the leading e-reader company and has a range of Kindle Fire tablets that compete with Apple Inc's dominant iPad and similar gadgets from Google Inc and Samsung....
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09:37 AM, May 14, 2013
Mumbai: The rupee on Monday lost 15 paise to hit a fresh over one-month low at 54.95 against the dollar in early trade on the Interbank Foreign Exchange market due to appreciation of the US currency against other currencies in the global markets. The rupee sentiment was hit by selling in commodities that was triggered by a strong dollar, which rose to a fresh four-and-a-half-year peak against the yen on...
09:51 AM, May 13, 2013
Srinagar: Reserve Bank Governor D Subbarao on Wednesday said the central bank will soon introduce on a pilot basis plastic currency notes as they have longer shelf-life. "We are trying to introduce plastic currency...We hope to introduce it on trial basis and if that succeeds it will be replicated in the entire country," he said during an interactive session with students of Business School of Kashmir University in Srinagar. He...
02:19 AM, May 09, 2013
Mumbai: The rupee today lost 18 paise to Rs 54.36 against the US dollar in early trade on the Interbank Foreign Exchange due to appreciation of the American currency against the euro overseas. Increased demand for the dollar from importers and banks also put pressure on the rupee. Dealers attributed the rupee's fall to dollar gains against the euro overseas but a higher opening in the domestic stock market limited...
10:38 AM, May 07, 2013
Mumbai: The rupee on Monday gained six paise to 54.31 against the dollar in early trade at the Interbank Foreign Exchange market on increased selling of the US currency by exporters. Strengthening of euro and yen against the dollar in overseas market and a higher opening in the equity market also supported the rupee, forex dealers said. The rupee had lost 15 paise to close at 54.37 on Friday on...
09:57 AM, Apr 29, 2013
New Delhi: Delhi Police on Saturday said they have cracked an "international cartel" of drugs and fake currency dealers, arresting seven Nigerians and a Burmese woman. "The arrested include a Nigerian couple and a pastor, along with four other Nigerians and a Myanmarese woman," said Sanjeev Yadav, deputy commissioner of police (Special Cell). The group was also involved in human trafficking using fake passports, Yadav said. Police recovered 1.450 kg...
05:10 AM, Apr 28, 2013
Mumbai: The rupee rose by 4 paise to 54.18 against the dollar in early trade at the Interbank Foreign Exchange market on Friday on increased selling of the US currency by exporters. Strengthening of the euro against the dollar overseas, also supported the rupee. The rupee had gained 16 paise to close at 54.22 against the dollar in Thursday trade. ...
10:11 AM, Apr 26, 2013
Kolkata: Sex workers of Kolkata's largest red-light area are being given training by an NGO to identify fake currency notes to prevent them from being duped by some clients. The training programme conducted by Durbar Mahila Samanaya Committee, an NGO working for the sex workers, is the same as that given to visually challenged persons who learn to distinguish between genuine and counterfeit notes through touch and from hearing the...
12:48 PM, Apr 14, 2013
London: With $600 stuffed in one pocket and a smartphone tucked in the other, Patricio Fink recently struck the kind of deal that's feeding the rise of a new kind of money - a virtual currency whose oscillations have pulled geeks and speculators alike through stomach-churning highs and lows. The Argentine software developer was dealing in bitcoins - getting an injection of the cybercurrency in exchange for a wad of...
07:21 PM, Apr 11, 2013
Mumbai: Rising for the third straight day, the rupee on Tuesday appreciated further by 13 paise to 54.43 against the dollar in early trade at the Interbank Foreign Exchange (forex) market on sustained selling of the US currency by exporters. Besides, a strong opening in the domestic equity market and strength in the euro against the dollar overseas also supported the rupee, forex dealers said. The rupee had gained 25...
09:59 AM, Apr 09, 2013
Mumbai: The rupee on Thursday lost 16 paise to 54.59 against the dollar in early trade on the Interbank Foreign Exchange due to continued capital outflows and increased demand from importers for the US currency. Besides, dollar's gains against euro overseas also put pressure on the rupee. Dealers attributed the rupee's fall to increased capital outflows by foreign funds and a lower opening in the stock market. The rupee had...
10:04 AM, Apr 04, 2013
With the arrest of four persons, including steno of a Supreme Court lawyer, local police on Tuesday claimed to have busted a racket involved in printing and circulation of counterfeit currencies here. Police, who were on the trail of the accused for some time, seized fake currency with a face value of Rs 1.75 lakh, packed in 8 plastic bags from them when they arrived near a hotel in Lokmanya...
01:44 AM, Mar 27, 2013
The Indian rupee dropped by 18 paise to 54.35 against the American currency in the late morning trade on fresh demand for the greenback from banks and importers in view of firm dollar in overseas market. ...
11:25 AM, Mar 26, 2013
The rupee appreciated by 24 paise to 54.09 against the US dollar in early trade at the Interbank Foreign Exchange on Monday on sustained selling of the American currency by exporters and banks and increased capital inflows. ...
10:02 AM, Mar 25, 2013
The rupee opens higher tracking returns of risk appetite to global markets. The pair is at 54.26/27 versus its close of 54.36/37 on Wednesday. Initially some foreign banks were on dollar offer side, but the pair is seeing interest From both sides, says a private bank dealer. The pair has technical resistance at 200-day DMA of 54.62. ...
10:20 AM, Mar 21, 2013
A plan to seize up to 10 per cent of savings accounts in Cyprus to help pay for a (EURO)15.8 billion ($20.4 billion) financial bailout was met with fury on Monday, and the government shut down banks until later this week while lawmakers wrangled over how to keep the island nation from bankruptcy. ...
06:35 AM, Mar 19, 2013
The rupee on Friday gained 24 paise to 54.11 against the dollar in early trade at the Interbank Foreign Exchange market on increased selling of the US currency by exporters and banks. Forex dealers said a higher opening in the domestic equity market and strengthening of euro and yen against the dollar overseas, also supported the domestic currency. ...
09:58 AM, Mar 15, 2013
Venezuela has some of the biggest oil and natural gas reserves in the world and it is one of the top energy suppliers internationally. But oil production has plummeted under Hugo Chavez's 14-year rule. ...
07:29 PM, Mar 07, 2013
The rupee on Tuesday appreciated by 11 paise to 54.75 against the dollar in early trade at the Interbank Foreign Exchange (forex) market on selling of the US currency by exporters. Besides, a strong opening in the domestic equity market and strength in other currencies against the dollar overseas also supported the rupee, forex dealers said. ...
09:58 AM, Mar 05, 2013
The rupee on Monday weakened by 16 paise to trade at nearly two-month low of 55.05 against the dollar in early trade at the Interbank Foreign Exchange market. The rupee fell due to increased demand for the US currency from oil importers. ...
09:52 AM, Mar 04, 2013
