Azul smacks down Reg claims with $40m
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All funded up with somewhere to go In an apparent response to our story yesterday, Azul Systems today announced the completion of a $40m funding round. The Java server appliance start-up stressed that "top tier" investors participated in the funding, including Accel Partners, Austin Ventures, ComVentures, Credit Suisse, JVax Investment Group, Meritech Capital Partners, Redpoint Ventures and Worldview Technology Partners. "All existing investors in the company participated in the financing."â¦
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InfoWorld - Azul Systems Inc. is doubling the capacity of its &quot;computing appliance,&quot; a device that uses multiple multicore processors and is a departure from the typical server-based approach to large scale computing.
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Vendors complete the first live 40-Gbps optical transmission trial.
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Airlines have committed almost $40 billion to buying the 555-seat double-decker superjumbo.
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Invesco Funds Group and its sister company will pay more than &#36;450 million in penalties, restitution and lowered fees to settle allegations they allowed wealthy investors to trade their mutual funds improperly.
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The company's Q2 earnings beat estimates, but Brazilian legal problems continue.
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AO VimpelCom, Russia&#39;s second-largest mobile-phone company by subscribers, said it received a claim of 4.4 billion rubles ($157 million) for back taxes, penalties and fines from 2001.
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TechWeb - The company has teamed up with Intercasting to build on its 40 million-plus members.
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Invesco Funds Group and affiliate AIM Advisors say they have agreed to pay $450 million (250 million pounds) to settle civil lawsuits over improper trading, the third biggest
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Blog: One of the many companies defending itself against a patent lawsuit filed by Visto has settled for an undisclosed amount.
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Time Warner has set aside a $500m (Â£272m) war chest to cover regulatory and legal action over accounting practices at its America Online division.
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The deal combines the No. 3 and No. 5 players in the market and will produce a company with about 40 million customers, including affiliates.
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million for new Cingular and 40.4 million for Verizon Wireless. ADDS new final graf with stock prices. By CURT ANDERSON. WASHINGTON-- Justice Department antitrust regulators cleared the way Monday for Cingular
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Hamleys had a run on its stocks of toys after a loophole on its website was exploited by consumers who bought goods for as little as 40 percent of their original price, The Guardian reported.
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Some aggrieved investors are turning to lawyers to pursue possible legal claims stemming from losses at two Bear Stearns Cos.  hedge funds that were virtually wiped out from large, illiquid bets on risky mortgages.
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As the settlement turns Did Sun Microsystems acquire a stake in Azul when the two companies settled their patent infringement dispute earlier this week? We're guessing yes.â¦
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The companies making up the S&P 500 would have to set aside $40 billion this year to fully fund their pension plans.