SAP sees lower margins for years to come as cloud transition bites

By Harro Ten Wolde WALLDORF, Germany (Reuters) – Europe's largest software group SAP SE has cut key profit forecasts and abandoned a target for higher margins, saying its stepped-up push to deliver products via the cloud would dampen profitability until at least 2018.

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China’s Tencent shuts down 133 WeChat accounts for ‘distorting history’: Xinhua

Tencent Holdings Ltd, China's biggest social networking firm, has shut down 133 accounts on its hugely popular mobile messaging app for “distorting history”, state media said on Tuesday, citing a government internet authority.

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Twitter buys Indian mobile marketing start-up ZipDial

(Reuters) – Twitter Inc on Tuesday said it will buy Indian mobile phone marketing start-up ZipDial, reportedly for $30 million to $40 million, as the U.S. microblogging service looks to expand in the world's second-biggest mobile market. Bengaluru-based ZipDial gives clients phone numbers for use in marketing campaigns.

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