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German carmakers buy Nokia maps to fend off digital rivals

FRANKFURT/HELSINKI - German carmakers BMW , Audi and Mercedes , will pay around 2.5 billion euros ($2.75 billion) to buy Nokia's maps business, a transformational deal that will help them to develop self-driving cars.

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Former CEO of collapsed Mt.Gox bitcoin exchange arrested in Japan: reports

TOKYO - Mark Karpeles, the former head of defunct bitcoin exchange Mt. Gox, was arrested on Saturday in connection with the disappearance of hundreds of millions of dollars worth of the virtual currency, Japanese media reports said.

Japan 31 Jul 2015

Israel's Nice Systems sells video surveillance unit for $100 million

JERUSALEM - Israeli software provider Nice Systems is selling its video surveillance technologies unit to private equity firm Battery Ventures for up to $100 million, its second divestment in three months as it focuses more on its analytics business.

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E&Y Japan arm launches internal probe of Toshiba audit

TOKYO - The Japanese affiliate of Ernst & Young LLC has launched an in-house investigation into its audit of Toshiba Corp in the wake of the electronics maker's $1.2 billion accounting scandal, a person with knowledge of the matter said.

Yahoo buys fashion website Polyvore

- Yahoo Inc said on Friday it agreed to buy fashion start-up Polyvore to help drive traffic and strengthen its mobile and social offerings.

Deals 31 Jul 2015

Apple, BMW in courtship with an eye on car collaboration

FRANKFURT/SAN FRANCISCO - BMW and Apple may rekindle a courtship put on hold after an exploratory visit by executives of the world's top maker of electronic gadgets to the headquarters of the word's biggest seller of premium cars.

Deals, 31 Jul 2015