Alibaba Invests $120 Million in Mobile Gaming Firm

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Alibaba Group Holding is backing another California startup, announcing a $120 million strategic investment in gaming company Kabam Inc. and a partnership to publish and distribute its free-to-play mobile games.

FDA Seeks to Regulate Lab-Developed Tests

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The FDA laid out a proposed new regulatory plan to oversee potentially thousands of laboratory-developed medical tests that the agency contends can be prone to errors.

Iliad Makes Offer for T-Mobile US

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French upstart telecommunications company Iliad made a buyout offer for T-Mobile US, in a bold bid to counter an effort by Sprint to combine with the fourth-largest wireless carrier in the U.S.

Wind Power Hopes for Sea Change

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Germany's efforts to generate electricity from offshore wind farms have been marred by delays and cost overruns, but turbine maker Siemens and private-equity firm Blackstone are looking to buck that trend.

Siemens Cautious on Energy Unit

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Siemens posted a rise in second-quarter profit but the German engineering giant warned that its energy business remains a challenge and conflicts around the globe increasingly threaten its expansion plans.

GoPro's Revenue Rises, But Its Shares Fall

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GoPro, in its first earnings report after its IPO, reported better-than-expected second-quarter results but still saw its shares decline.

Tesla Motors' Loss Widens

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Tesla Motors said its second-quarter loss widened to $62 million, or 50 cents a share, even as deliveries of its Model S sedan hit a new high.

LinkedIn's Revenue Keeps Climbing

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LinkedIn continued its steady revenue growth in the second quarter, posting strong gains from advertising, subscription services and its flagship recruiting business.

Clock Ticks for Tax Avoidance Practice

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U.S. companies taking advantage of a widely used tax-avoidance maneuver face a ticking clock: The days of ultralow interest rates, courtesy of the Federal Reserve, are numbered.

Blame It on the World Cup

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The World Cup's cheers of victory and cries of defeat were echoed by executives as they examined second-quarter results. Companies selling TVs, sports drinks and snacks scored, but makers of washing machines lost out.

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