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Facebook service aimed at professionals to launch in coming months

December 10, 2015 creative after-spending, also-adopted, celebrity, data-transfer, facebook-at-work, new-service, tour-bus, united

Facebook at Work, Facebook Inc's professional version of its social network, is expected to launch in the coming months, after spending a year in tests, a company executive said. The new service, geared towards workplace collaboration, is nearly identical to its ubiquitous social network, with a scrolling news “feed”, “likes” and a chat service. “I would say 95 percent of what we developed for Facebook is also adopted for Facebook at Work,” Julien Codorniou, director of global platform partnerships at Facebook, told Reuters.

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OpenText eyeing significant acquisition driven growth: CEO

December 9, 2015 publisher barrenechea, chief-executive, double-the-cash, facebook-at-work, largely-through, times-multiple, tour-bus, typically-buy

By Euan Rocha TORONTO (Reuters) – OpenText Corp , one of Canada’s most valuable technology companies, plans to roughly double its revenue and cash flows in the next few years largely through acquisitions, its Chief Executive Mark Barrenechea said on Wednesday. “When we look out over the next three to four years, we are looking to spend $3 billion in acquisitions, and we typically buy revenue at a 2 times multiple, so that would be $1.5 billion of acquired revenues,” Barrenechea said during an interview in Toronto. “If you just use the low end of our target margin range of 34 percent that $3 billion in acquisitions will double the cash flow of the company,” he said.

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Facebook to launch satellite to expand Internet access in Africa

October 5, 2015 publisher access-mainly, companies, eutelsat, expand-internet, facebook, france, internet, internet-org, large-parts, said-on-monday, the-companies, the-side, tour-bus, via-mobile

(Reuters) – Facebook Inc said it would launch a satellite in partnership with France's Eutelsat Communications to bring Internet access to large parts of sub-Saharan Africa. The satellite, part of Facebook's Internet.org platform to expand internet access mainly via mobile phones, is under construction and will be launched in 2016, the companies said on Monday.

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Google in talks to invest in chat company Symphony: source

October 5, 2015 creative citing-people, computer-screen, eutelsat, internet-org, large-parts, matter, one-centralized, person-familiar, said-on-monday, search-page, spell-the-word, street-journal, their-digital, tour-bus, word

(Reuters) – Google, which has now morphed into holding company Alphabet Inc, is in talks with messaging startup Symphony Communication Services LLC for a round of fundraising, a person familiar with the matter told Reuters.