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Daum Kakao buys Path assets for Indonesia growth, stock soars

SEOUL (Reuters) - South Korean messaging app operator Daum Kakao Corp said it has acquired social networking assets from U.S.-based Path Inc, giving it a strong presence in Indonesia and sending its shares surging 10 percent on its push to expand globally.

Exclusive: FCC poised to side with Verizon, AT&T in airwaves spat

WASHINGTON (Reuters) - U.S. telecoms regulators are leaning toward rejecting a T-Mobile U.S. Inc request that more airwaves be set aside for smaller wireless companies like itself to bid on during a government auction next year, according to people familiar with the matter.

Exclusive: Equinix nears deal for Telecity - sources

(Reuters) - U.S. data center company Equinix Inc is nearing a deal to acquire British peer Telecity Group Plc, according to people familiar with the matter, in a tie-up that would create the largest data center player in Europe.

GameStop profit beats on higher sales of Mortal Kombat X

(Reuters) - GameStop Corp, the world's largest retailer of video game products, reported better-than-expected profit and revenue, helped by strong sales of new releases such as "Mortal Kombat X" and "Evolve" and an increase in mobile game downloads.

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