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Hope Turns to Cash in Silicon Alley

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This December, Santa may well deliver more than just candy or coal to the entrepreneurs of Silicon Alley startups. If 2011 has been any indication, more money than ever before is being dumped into the coffers of New York-based high tech firms. For example, consider the following deals that have just happened:
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New Music Service Courts Tech-Averse Listeners

A simple new online music service will launch across Europe and North America this week aimed at the millions who like music but struggle with the technology to find and listen to it.
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Facebook vs. Twitter: 5 Ways Twitter's Redesign is Taking On Social Media Giant

Twitter's redesign isn't available to everybody yet, but a sneak peek at the site's new features reveals that Twitter's strategy to expand its audience is matched by a desire to beat Facebook at its own game. From Twitter profiles to embedded timelines, check out the five big changes to Twitter, and how its redesign plans to take on the social media giant.
Saudi Prince Buys Twitter Shares for $300-M

Twitter revamped its website

Twitter revamped its website on Thursday to make the microblogging service easier to use and to help companies better showcase their brands.
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Game of Thrones, Homeland enter TV guild races

HBO's popular fantasy drama Game of Thrones and new Showtime thriller Homeland burst into the race for the top TV shows of the year on Wednesday, with nominations for their writers and producers.
Martha Stewart speaks to the audience at her trade show, called "Good Things", in New York

Penney adds Martha Stewart brand shops, equity stake

J.C. Penney Co Inc took a stake in Martha Stewart Living Omnimedia Inc and plans to open Martha Stewart shops within its stores, in the first big deal announced by its new chief executive as he tries to turn the department store chain around.
Martha Stewart speaks to the audience at her trade show, called ''Good Things'', in New York September 30, 2006.

Penney CEO Calls Martha Stewart Deal a 'Centerpiece'

J.C. Penney Co Inc (JCP.N) bought a 16.6 percent stake in Martha Stewart Living Omnimedia Inc (MSO.N) and will build mini-stores under that brand in a deal new Chief Executive Officer Ron Johnson called a key centerpiece in the company's transformation.
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Penney CEO calls Martha Stewart deal a centerpiece

J.C. Penney Co Inc bought a 16.6 percent stake in Martha Stewart Living Omnimedia Inc and will build mini-stores under that brand in a deal new Chief Executive Officer Ron Johnson called a key centerpiece in the company's transformation.
Graphics of new Amazon Kindle tablets seen at news conference in New York

Amazon's Advertising Push Gains Steam

Amazon.com Inc is known as the world's largest online retailer, but the company is aggressively expanding in online advertising, putting it on course for a clash with Google Inc, the leader in the space.

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