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    Dish Network Corp (DISH), the No. 2 U.S. satellite TV provider, is looking to debut internet TV service this summer, Bloomberg News reported on Tuesday, citing people familiar with the matter. Dish has told programmers, including Comcast Corp's NBCUniversal, that it could start the service late this summer, Bloomberg reported, citing the sources.

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    AT&T Inc (T) on Tuesday raised its forecast for full-year revenue growth to reflect its acquisition of LEAP wireless in March and the popularity of a new handset pricing model that charges customers for devices separately from their wireless plans.

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    In 2011, Lytro Inc dazzled the consumer gadget world when it introduced a pocket flashlight-sized gizmo that could take "living" pictures - images that could be refocused after the shutter clicked. On Tuesday, the Silicon Valley company unveiled a bigger, more expensive camera designed to make a "do-over" a reality instead of a photographer's dream.

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    U.S. Supreme Court justices appeared skeptical on Tuesday about online TV service Aereo Inc's position in a copyright dispute with major broadcasters, but several raised concerns about how a ruling against the startup could affect cloud computing services.

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    SAN FRANCISCO-- AT&T Inc. (T) on Tuesday reported a first-quarter profit of $3.65 billion, or 70 cents a share, compared with earnings of $3.7 billion, or 67 cents a share, in the same period a year ago. Revenue rose 3.6% to $32.5 billion. Excluding one-time items, AT&T (T) earned 71 cents a share.

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    Virtualization software maker VMware Inc (VMW) reported a 14 percent rise in first-quarter revenue as more customers opted for its cloud infrastructure offering and big business clients renewed their software licenses. The company's net income rose to $199 million, or 46 cents per share, in the first quarter ended March 31, from $173 million, or 40 cents per share, a year earlier.

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     CREE INC (CREE).  stock is falling in extended trading after the company missed third-quarter estimates on the top-line and guided for weak earnings in its year-ending quarter. After the bell, shares were tumbling 9% to $52.81. The semiconductor company recorded net income of 39 cents a share, a penny higher than analysts surveyed by Thomson Reuters had expected.

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     Netflix (NFLX)  stock has been reiterated as "overweight" with a $500 price target, JPMorgan (JPM) said Tuesday. The firm said strong first-quarter results with domestic subscriber growth inline with expectations, international subscriptions growth and higher-than-expected earnings supporting their bullish thesis.

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    Google Inc will allow marketers to run online ads that send consumers to a page directly inside a mobile app, furthering the Internet company's effort to extend its multibillion-dollar advertising business to smartphones.

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    Following its $3.1 billion acquisition of Nest, Google (GOOG) has put the Nest Learning Thermostat in the Google Play store. Right now, Nest offers two products, the Learning Thermostat, and the Nest Product, but only the Learning Thermostat, which retails for $249.99, is available on Google Play.

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    U.S. Supreme Court justices appeared unsure on Tuesday whether to rule against online TV startup Aereo Inc in a major copyright case, with several raising concerns about how a ruling in favor of broadcast networks could affect increasingly popular cloud computing services.

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    Can you picture Leonardo DiCaprio as Steve Jobs? Rumor has it that the The Wolf of Wall Street star is being culled to work on the Aaron Sorkin-written script for the much-anticipated movie about Apple's (AAPL) iconic co-founder and chief black turtleneck wearing officer, set to start shooting this fall. A shift in directors is also happening. Boyle and DiCaprio previously worked together on The Beach.

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    Netflix (NFLX) reported first-quarter results and announced a price hike for new customers, noting existing customers will keep their current pricing "for a generous time period." Will new customers shun the streaming service? Concerning the price increase, CEO Reed Hastings said there will be an increase for new members of $1 or $2, depending on the country.