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Tech`s news

Investors in social media shares have zeroed-in on Facebook Inc , piling into stock options to add bullish bets on the company in the days ahead of its Wednesday earnings. Facebook escaped a rout in social media stocks after last quarter's results and its shares are up about 20 percent this year. “Facebook is definitely the standout leader in the group,” said Adam Sarhan, chief executive of Sarhan Capital. more...


Blackboard Inc, a U.S. software company that provides learning tools for high school and university classrooms, is exploring a sale that it hopes could value it at as much as $3 billion, including debt, according to people familiar with the matter. Blackboard's majority owner, private equity firm Providence Equity Partners LLC, has hired Deutsche Bank AG and Bank of America Corp to run an auction for the company, the people said this week. more...


By Julia Fioretti BRUSSELS (Reuters) - Facebook may not prevent its users from using fake names, a German privacy watchdog said on Tuesday, in the latest privacy setback for the U.S. company in Europe. The Hamburg data protection authority, which is responsible for policing Facebook in Germany, said the social network firm could not unilaterally change users' chosen usernames to their real names, nor could it ask them for official ID. The German order comes after the Belgian privacy watchdog took Facebook to court in June over the way it tracks the activities of its users. more...


By Eric Auchard FRANKFURT (Reuters) - Business planning software start-up Anaplan is nipping at the heels of industry leaders SAP, Oracle and IBM, with sales of its cloud-based service tripling in each of the past three years as it seeks to shake up the market. Customers are demanding more flexible ways to use business planning software, which crunches corporate data to allow companies to forecast growth and set performance goals. "There is a major shift going on and Anaplan is at the forefront," Forrester business apps analyst Paul Hamerman said. more...


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