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    Updated from 9:05 a.m. to include analyst comments in the sixth paragraph. As it continues to transition its business model toward higher growth areas, IBM (IBM) intends to tell investors Thursday that it will continue to remain a "high-value innovation company," even if Wall Street doesn't currently think so.

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    On-demand car service Uber and ephemeral messaging app Snapchat, two of the most-buzzed about startups in tech, have hit sky-high private-market valuations in record speed, putting them in an elite club of venture-backed businesses that are padding their market capitalizations by billions annually.

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    3D printer maker 3D Systems Corp's (DDD) quarterly profit plunged 86.2 percent as the company invested heavily in research and development and acquisitions. The net income attributable to the company fell to $1.6 million, or 1 cent per share, in the fourth quarter ended Dec. 31 from $11.2 million, or 11 cents per share, a year earlier. Revenue rose 21 percent to $187.4 million.

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    WASHINGTON-- Scott Walker, Wisconsin's Republican governor and a possible presidential candidate in 2016, is set to deliver a new blow to labor in his state. Walker, reports the New York Times, is preparing to sign a measure that would bar unions from requiring workers to pay the equivalent of dues. The measure is being fast-tracked through the Republican-held state legislature.

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    In-flight internet provider Gogo Inc (GOGO) posted an 18 percent rise in quarterly revenue as more flyers used its services. The company, which has not reported a profit since going public in 2013, said its net loss widened to $24.1 million, or 28 cents per share, in the fourth quarter ended Dec. 31 from $22.1 million, or 26 cents per share, a year earlier.

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    * To pay minimum of 0.50 eur/shr between 2015-2018. * Plans dividend growth in line with free cash flow. * Other big telcos have also flagged strong payouts. By Harro Ten Wolde. Deutsche Telekom said it planned to increase dividends over the next four years, expecting its coffers to be boosted by sales and profit growth.

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    China has systematically removed several leading foreign technology brands from its list of suppliers for government contracts over the past two years, including 60 Cisco Systems Inc. products, as well as items from Apple Inc., Citrix Systems Inc. and Intel Corp.' s security-software company McAfee, according to a Reuters analysis published Wednesday. The report attributes the move, at least partly, to the disclosures of former U.S. National Security Agency contractor Edward...

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    China has dropped some of the world's leading technology brands from its approved state purchase lists, while approving thousands more locally made products, in what some say is a response to revelations of widespread Western cybersurveillance. Others put the shift down to a protectionist impulse to shield China's domestic technology industry from competition.

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    Chinese computer maker Lenovo Group Ltd. said Thursday that its main website had been hacked, according to reports citing a company spokesman. "Unfortunately, Lenovo has been the victim of a cyber attack. One effect of this attack was to redirect traffic from the Lenovo website.