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Alibaba places China smartphone business bet with $590 million Meizu deal

China’s Alibaba Group Holding Ltd is taking a $590 million stake in an obscure domestic smartphone maker as the e-commerce giant tests ways to expand its mobile operating system in a shrinking,...

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Obama to speak on Iran deal

President Obama will address the new agreement on Iran’s nuclear program at around 2:15 p.m., the White House said Thursday. Obama will speak after a formal announcement by negotiators in Switzerland...

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