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US tech giants investing big to stay ahead

Some even placing huge bets on non-core products
Saturday, November 8, 2014 - 05:50

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AMERICA'S technology giants are drawing on their huge cash stockpiles to make big bets on investments and acquisitions that could prove to be visionary - or end up as boondoggles.

New York

AMERICA'S technology giants are drawing on their huge cash stockpiles to make big bets on investments and acquisitions that could prove to be visionary - or end up as boondoggles.

Companies such as Amazon, Facebook and Google have been on a spending spree in the past year

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