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GE unlikely to gain unconditional approval for Alstom deal: sources

General Electric is unlikely to gain unconditional European Union clearance for its 12.4 billion euro ($13.85 billion) bid for Alstom’s power equipment business, two sources familiar with the matter said on Monday. The European Commission opened a full investigation in February to consider competition implications of a deal that would remove one of GE’s three rivals in the manufacturing of heavy-duty turbines for gas-fired power plants. The antitrust investigation was

Nintendo's next console, the NX, is more than a 'simple replacement' for the Wii U

Little is known about the Nintendo NX, the company’s mysterious new console. However, during a recent investors Q&A, Nintendo boss Satoru Iwata dropped a couple more hints that should frustrate and intrigue in equal measure. As he’d previously stated, Iwata reiterated that the company won’t talk more about the NX until 2016. He also said Nintendo “cannot talk about the time period when it [the NX] will go on sale

Review: Monster SuperStar BackFloat

Water-resistance in Bluetooth speakers has been a saving grace for beach bums and shower singers alike. But even so, it’s still rare that a Bluetooth speaker ever gets the chance to take a full-on dip with you in the water. Monster is the latest to answer that call with the SuperStar BackFloat. For $169 (£119, about AU$214), the SuperStar BackFloat floats on its back in water, pumps out a loud