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Google-DoubleClick Acquisition Approved; Job Cuts To Come!



The final hurdle in the completion of its deal to buy Doubleclick has now been overcome by Google: European regulators have today cleared its $3.1BN bid. Eric Schmidt, writing in the Official Google Blog, admitted 'As with most mergers, there may be reductions in headcount' - and Google's stock rose nearly 5% as a result, up from near its 52-week low of $413 per share on Monday.


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At least 18 dead in Cairo rockslide (AFP)

People search for survivors under the rubble of homes at the site of a massive rockslide at Moqattam hill in northern Cairo. At least 18 people were killed and 22 injured when dozens of homes collapsed after being hit by the rockslide, Egyptian emergency services said.(AFP/Khaled Desouki)AFP - At least 18 people were killed and 22 injured on Saturday when dozens of homes in northern Cairo collapsed after being hit by a massive rockslide, Egyptian emergency services said.



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