Walgreens Boots Alliance Inc. on Thursday said it is shutting down two websites–Drugstore.com and Beauty.com–five years after acquiring them, a sign of how traditional retailers continue to struggle with online properties.
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Microsoft to cut 2,850 more jobs in exit from phone business
Microsoft Corp. is more that doubling an earlier job cut plan, part of Chief Executive Officer Satya Nadella’s move to pare the company’s smartphone ambitions.
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Baidu suffers record plunge in profit
Baidu Inc. suffered its biggest earnings drop since it went public 11 years ago, after government investigations into the Internet giant’s search and advertising practices led to stricter regulations that hurt its ad business.
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Groupon CEO wants to ‘double down’ on local
Groupon CEO Rich Williams said Thursday the daily deals company is fighting for customers but not for its very survival.
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