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Citi Hit in Brazilian Hacker Attack A computer hacker group continued a wave of attacks against Brazilian financial websites, hampering the sites of Citigroup and other prominent institutions.
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Facebook and the St. Petersburg Paradox Investors thinking about Facebook should consider a mathematical riddle that shows how growth stocks can get overvalued so easily.
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H-P to Put Proxy-Access Proposal to Vote Hewlett-Packard agreed to give its stockholders the chance to approve so-called proxy access through a bylaw vote at its 2013 annual meeting.
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Super Bowl Ads 2012 Rate the best and worst advertisements of Super Bowl XLVI.
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Benefits and Barriers as Facebook's Friend Russian investor Yuri Milner stands to reap a multibillion-dollar windfall from his early bet on Facebook stock. But in return, he has agreed to terms that handcuff what he can do with his Facebook shares.
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Need a Ride? New apps like Cabulous, Groundlink and Getaround let you easily book and pay for yellow cabs, stretch limousines and even neighbor's cars.
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Playing New Zynga Game At Facebook Since Zynga generates the vast majority of its revenue through Facebook, analysts tried to use Facebook's financial results to figure Zynga's fourth-quarter earnings. But the models have too many moving parts.
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Micron CEO Dies in Crash Steven R. Appleton, chairman and chief executive of Micron Technology died Friday when the high-performance airplane he was piloting crashed at Boise, Idaho's airport.
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MTN Probes Bribery Claims Shares of South African mobile-phone operator MTN fell after the company said it is investigating claims by Turkey's largest mobile-phone operator that it engaged in corruption to secure a deal in Iran.
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Cost Cuts Boost BT BT Group posted a 41% jump in third-quarter net profit, aided by further cost cutting, lower finance expenses and new contracts, and said it will reach some of its earnings targets a year earlier than expected.
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Injunction Interrupts Apple Sales in Germany Some Apple devices were unavailable for sale briefly on Friday in Germany, as part of a patent tussle with Motorola Mobility.
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Megaupload Founder Is Denied Bail A New Zealand court denied an appeal for bail Friday by Kim Dotcom, the jailed founder of the file-sharing website Megaupload.
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Panasonic Forecasts $10 Billion Loss Panasonic revised its forecast loss for the current fiscal year to more than $10 billion, which would be the second-largest ever for a Japanese manufacturer.
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Samsung Says EU Probe Will Find It Compliant Samsung Electronics, in its first acknowledgment of the European Commission's antitrust investigation of its patent licensing practices, said it believed the commission would ultimately conclude the company complies with the rules.
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Hutchison Whampoa Buys Orange Austria Hutchison Whampoa agreed to buy Austria's third-largest mobile operator for about $1.71 billion in a move that will enable the Hong Kong conglomerate to expand its market share in Austria.
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Facebook and Zynga: Sharing Riches Isn't Always Easy The symbiotic relationship between Facebook and Zynga is creating riches for both companies, but their co-dependency also raises questions for both businesses.
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The $100 Billion Question for Facebook What is Facebook worth? Analysts and investors are circulating a range of values, from $50 billion to $125 billion.
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Sony's U.S. Puzzle Incoming Sony CEO Kazuo Hirai will need to tread carefully with the company's movie and music divisions, whose profits are important counterpoints to deep losses elsewhere at the company.
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Google Beefs Up Security on Its Android Market Google has beefed up security on its Android mobile-device software to better prevent "malicious" software from residing in its app store.
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Advertisers' Free Ride May End on Facebook Facebook is out to convince marketers to use paid messages that it calls Sponsored Stories to derive more revenue from ads on its social-networking site.
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Web Streaming Is Viacom's Boon and Bane Web streaming is boosting Viacom's profit—but it may be undercutting it as well.
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AMD CEO Vows To Move Beyond 'Unhealthy Duopoly' Advanced Micro Devices' new leader vowed to shift the chip maker's strategy to focus less on its longtime competition with Intel, suggesting that the Silicon Valley giant's influence over the tech sector is fading.
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David Fischer: The Man Behind Facebook's Marketing As Facebook aims to go public with advertising as its main revenue driver, the task of showing that marketing on Facebook is different from everywhere else on the Internet falls to David Fischer.
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U.S. Cracks Down on Sports Streamers Federal authorities announced a crackdown on websites that stream unauthorized broadcasts of sports events.
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India Court Cancels Telecom Licenses India's Supreme Court canceled more than 100 mobile-telecom licenses issued in 2008, raising uncertainty over billions of dollars that companies like NTT DoCoMo and Telenor have pumped into the South Asian nation.
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India Court to Continue Censorship Hearing The Delhi High Court will continue on Feb. 14 its hearings on petitions by Google and Facebook to quash criminal proceedings against them in a Web censorship case.
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Hitachi Profit Tumbles 45% Japanese technology conglomerate Hitachi said its net profit for the fiscal third quarter fell 45% amid losses for its TV business.
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Amazon Launches New Website for India Amazon.com announced its entry into the Indian online retail market with a new website, Junglee.com, which will enable customers to browse for products from a wide variety of stores and then shop for them either online or in person.
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Sony Slashes Forecast Sony said it veered into a fiscal third-quarter net loss of more than $2 billion and forecast a much wider full-year loss than previously expected, dragged down by losses in its TV business and the impact of the strong yen on its European operations.
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Softbank Net Falls by Half on Sales Costs Softbank said its fiscal third-quarter net halved from the previous year as an increase in subscriber revenue from data communication thanks to Apple's new iPhone 4S was offset by higher sales-related costs.
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Tel Aviv Takes the Tech-Hub Crown In many ways, Tel Aviv has London and Berlin beat as the Europe area's main technology hub.
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Samsung: Court Rejects Apple Bid Samsung Electronics said the Munich Regional Court has rejected Apple's request to ban sales in Germany of the Korean company's tablet computers and Nexus smartphones.
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SK Telecom Profit Falls 61% SK Telecom, South Korea's largest mobile carrier by subscribers, saw fourth-quarter net profit fall as spending on next-generation network technology rose and phone fees weakened.
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Meetings Are Stand-Up Jobs Stand-up meetings are part of a fast-moving tech culture in which sitting has become synonymous with sloth.
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Mexico Blocks Mobile Tie-Up Mexico's antitrust commission scuttled an attempt by the country's two major broadcasters to join forces in a mobile-phone company and challenge telecommunications mogul Carlos Slim.
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EA's Outlook Falls Short Electronic Arts signaled a potentially tough fourth quarter despite strong initial sales of its highly anticipated new online game, "Star Wars: The Old Republic." The videogame developer reported a narrower loss for the fiscal third quarter.
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Verizon Wireless-Comcast Deal Meets Resistance Political headwinds are building against a marketing alliance between Verizon Wireless and Comcast, amid worries that cooperation between the two could blunt competition and lead to higher prices.
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RayWJ: YouTube's Top Star Earning an estimated $1 million a year, a foul-mouthed comic shows the new rules of new media.
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Hynix Swings to Net Loss Hynix Semiconductor said it sees a brighter market for chips and a rebound in dynamic-random-access-memory prices from the second quarter, after reporting a fourth-quarter net loss on weak PC demand.
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Assange Case Reaches Top U.K. Court The WikiLeaks founder's legal battle to avoid extradition to Sweden for questioning in a sexual misconduct case reached England's highest court.
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Dolby's Sound Footing Dolby Laboratories has made listeners happier since the 1960s. Should investors be worried about the day the music dies?
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'Angel' Investors Exist Outside Tech Elite, Too Many "angel" investors previously worked at technology icons that are known for minting millionaires, like Google Inc. and PayPal. But Silicon Valley's angel-investor scene is far from homogenous, new data show.
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Qualcomm Raises Outlook Chip maker Qualcomm said it is growing faster than the overall market, which is riding demand for smartphones and other mobile devices.
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Facebook Sets Historic IPO Facebook filed for an initial public offering Wednesday that could value the social network between $75 billion and $100 billion, putting the company on track for one of the biggest U.S. stock-market debuts of all time.
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Microsoft Cuts 200 Marketing Jobs Microsoft laid off roughly 200 employees Wednesday as the software giant restructured its marketing operations in an effort to streamline job responsibilities and eliminate duplications.
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Kodak Seeks Hollywood Exit Eastman Kodak asked for bankruptcy-court permission to relinquish expensive naming rights to the Kodak Theatre, the home to the Academy Awards.
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LivingSocial's Awkward Revelation LivingSocial's financial performance calls into question its big valuation and raises a red flag for Groupon investors ahead of the daily-deal company's earnings report.
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In China, Facebook Alternatives Thrive Investors flock into China's social media companies, but a lack of a dominant player in the sector makes it unlikely that a "Facebook of China" will appear anytime soon.
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Satyam Profit Beats Expectations Satyam Computer Services, recovering from India's biggest corporate fraud, topped forecasts with a five-fold jump in quarterly profit, aided by a weak Indian rupee, even as the tough economic climate weighed on the outsourcing company.
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Changes Weighing on AOL AOL's quarterly earnings fell 66% amid higher costs and tax provisions, although advertising sales rose for a third straight period.
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LG Electronics Posts Second Straight Loss LG Electronics said it posted a second straight quarterly loss in the fourth quarter, but year-to-year losses narrowed sharply due to positive contributions from its handset and flat-screen TV divisions.
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Sony's New Chief Reveals His Plans The new chief executive of Sony promises to forge a new path for a company that once dominated the business of filling free time with the creation of wildly popular consumer products.
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Infineon Sees Sharp Profit Drop Chipmaker Infineon Technologies anticipates early signs of stabilization after reporting a sharp drop in first-quarter net profit.
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Sharp Swings to Loss on One-Time Costs Sharp said tax write-downs and one-time restructuring costs squeezed it into a loss of more than $2 billion in the fiscal third quarter, and warned that it now expects to post its biggest-ever full-year net loss in its 100-year history.
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Adviser Is Another Facebook Winner Facebook executives stand to collect massive windfalls in the social-networking site's upcoming IPO. Another big winner: their wealth manager.
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Seagate Preps For Drive Shortages Amid Flooding Seagate predicted long-term changes to the disk-drive industry because of Thailand's catastrophic flooding, which the company said will extend the drive shortages that have boosted its own pricing and bottom line.
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Samsung, Daiwa Cut Jobs in Asia Japan's Daiwa Securities stepped up its job-cutting plans, while Korea's Samsung Securities is laying off staff in Hong Kong, the latest moves by brokers to scale back their overseas operations.
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Sprint Gives LightSquared Extension For FCC Clearance Sprint Nextel granted LightSquared a new six-week extension to get Federal Communications Commission clearance to operate its planned nationwide fourth-generation network.
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Talks Consider Access to Megaupload Files Legitimate users of Megaupload, the online storage site accused of piracy by U.S. officials, might get some help in efforts to retrieve their files from the closed service.
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Amazon's Spending Habit Hurts Profit Amazon is struggling to make money as quickly as it spends it, putting the squeeze on the online retailer's latest financial results and crimping its outlook.
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Martha Stewart Eyes Web Martha Stewart Living Omnimedia, losing its show on the Hallmark Channel, is examining other programming outlets, including on the Web.
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Hulu Stresses Original Shows The CEO of Hulu says that a plan to invest in original shows will help the video website distinguish itself in an increasingly competitive market.
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FCC Approves Changes to Phone-Subsidy Program The FCC approved changes to a federal phone subsidy program for low-income Americans to help them afford broadband service.
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Too Much Face for Renren The temptation is to use Facebook's IPO to justify a higher price for Chinese social-networking site Renren. But the comparisons go only so far.
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Google Defends New Privacy Policy Changes that Google made to its privacy policy last week bring it more in line with rivals Yahoo, Microsoft and Apple, the company said Tuesday in response to questions from members of Congress.
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Toshiba, Fujitsu Post Losses Toshiba and Fujitsu posted quarterly losses and cut their forecasts for the fiscal year as Thailand's flooding aggravated troubles from the strong yen.
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Japanese Games Fight Deepens A legal brouhaha between Japan's two leading mobile-videogame platforms just became messier. DeNA, which was sued by Gree last year, filed a countersuit Tuesday.
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Andreessen's Firm Raises $1.5 Billion Venture-capital firm Andreessen Horowitz has raised two new funds totaling $1.5 billion, in one of the larger fundraisings in the venture-capital industry.
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Nokia Siemens to Cut 4,100 Jobs Network equipment vendor Nokia Siemens Networks plans to cut jobs in Germany and Finland as part of its massive restructuring plan announced in November.
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Apple Hires Dixons Official Apple tapped the chief of one of Europe's largest electronics retailers as its new head of retail, filling its most high-profile vacancy with a company outsider.
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EU Opens Samsung Antitrust Probe The European Commission opened a new front in the global patent war between Samsung and rivals such as Apple with a formal investigation into whether the company's use of patents is breaking EU antitrust rules.
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ARM Net Rises on Gadget Demand Microchip designer ARM posted a sharp rise in fourth-quarter net profit, underpinned by strong demand for smartphones and tablets.
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BSkyB to Launch Internet TV British Sky Broadcasting said it will launch a movie-streaming service, meeting a challenge posed by Netflix and Amazon. It also reported a 8.4% jump in first-half net profit.
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Twitter CEO Explains New Policy Twitter's recently announced censorship policy was meant to be a transparent way to handle government requests for the removal of certain content, not a signal that the message site was proactively monitoring its "tweets," Chief Executive Dick Costolo said.
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H-P Payments for Intel Chip Detailed Hewlett-Packard paid Intel hundreds of millions of dollars to keep developing chips for the high-end H-P server systems at the heart of a lawsuit with rival Oracle Corp., according to an Oracle court filing
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Radical Videogamers Go on Nonkilling Spree Videogames have long been assailed for their violent themes and gruesome imagery. But a small slice of players has embraced a new strategy: not killing.
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RIM Publishes Promised Corporate Governance Report RIM's board issued a report recommending separating the roles of chair and chief executive, a suggestion made moot by the company's decision last week to replace its longtime co-CEOs and chairmen.
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Groupon CEO Takes On Critics Groupon Chief Executive Andrew Mason wants to prove his company is worth the fuss after its roller-coaster ride to an initial public offering last year.
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Taking Aim at Scalpers Entertainment company AEG said it will introduce a new method for selling tickets to hot concerts, letting would-be buyers register for random drawings, to thwart scalpers. It will also sell tickets on sponsors' websites.
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RadioShack Shares Plummet on Warning RadioShack said it expects its fourth-quarter results below analysts' expectations, citing the underperformance of the company's Sprint postpaid-wireless business and unanticipated changes in Sprint Nextel's customer and credit models. Shares were down 19% in after-hours trading Monday.
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Facebook Widens Lead in Display Ads Facebook is widening its lead over Yahoo in the online display-advertising market ahead of an expected filing for an initial public offering.
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Verizon's Tangled Web As Verizon Communications pushes for more cable-television and high-speed Internet subscribers, a new competitor is emerging: its own subsidiary, Verizon Wireless.
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At Canon, Elder Gains Wider Leadership Role Canon's chairman and chief executive will also become president of the Japanese camera and printer maker in March. The company also posted a 14% increase in fourth-quarter net profit.
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Email Giants Move to Slash 'Phishing' Email-service providers Google, Yahoo, Microsoft and AOL are backing a new effort by 15 companies to dramatically reduce "phishing" emails.
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Eight Deals Aim to Hit the Market AVG Technologies leads a parade of eight companies that aim to list shares in the U.S. during the second half of the week—more than twice the number that has come out in all of January.
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Chip Maker Elpida Looks Fried Facing steep operating losses, weak chip prices and significant debt repayments, Japanese chip maker Elpida Memory is beginning to look like a lost cause.
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An Upload King's Quiet Steps Megaupload founder Kim Dotcom, arrested 10 days ago on charges of online piracy, became the public face of file sharing, with his playboy lifestyle. But one of his main rivals has preferred to keep a lower public profile, largely staying out of sight while his company has lobbied Capitol Hill.
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Retaliation Fears Spur Anonymity in Internet Case U.S. law-enforcement officials say they are increasingly concerned about cyber-retaliation against agents and prosecutors after they say people linked to the hacker collective Anonymous targeted the private life of a government official investigating WikiLeaks.
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Why Tech Stocks Look Better The sector is known for fast growth, but investors looking for safety might find that it offers a surprising amount of that, too.
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iPad as Sous Chef Turn your magic slate into the ultimate cook's companion
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Twitter's Censors Provoke Backlash After years of touting itself as a champion of free expression, Twitter touched off a torrent of criticism after it announced it can remove messages from the online service within specific countries if asked to do so.
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Style Surge An easy-to-reach power strip that hides when not in use.
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Monster's Link to Economy Goes Missing There is something frightening going on at Monster Worldwide. And what the online job-search firm reported seeing in the U.S. doesn't seem to jibe.
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Facing Up to Venture Capital's Slow Future Will Facebook help the venture-capital industry win some friends it can count on? VC fund raising has had a healthy bump in the last two years, but an outright venture-capital renaissance is a ways off.
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Keep Tabs on Fido A GPS dog collar that lets you keep a digital leash on man's best friend.
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Facebook Gets Ready For Its IPO Filing Facebook could file papers for an IPO as early as this coming week and is looking at a valuation of $75 billion to $100 billion. The social network is close to picking Morgan Stanley as the lead underwriter.
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New RIM Chief Plots Overhaul RIM's newly appointed CEO said he has embarked on a wide-ranging turnaround of the BlackBerry maker's operations that involves putting founder Mike Lazaridis in a more "visionary" role.
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Elpida Mulls Capital Ties With Rivals Executives at Elpida Memory have floated the idea of capital ties with U.S. and Taiwanese rivals, as the struggling Japanese chip maker tries to ensure support from creditors.
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Apple Claimed Smartphone Lead in Fourth Quarter Apple overtook Samsung as the world's biggest smartphone maker in the fourth quarter thanks to robust iPhone 4S sales.
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Twitter Can Censor by Country Twitter says it can now make content selectively available to users based on geography, and plans to use that ability to enter countries with "different ideas" about freedom of expression as a human right.
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