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Google brags about economic impact of its advertising programs

Google said Monday its search and advertising operations generated $80 billion for 1.8 million US businesses in 2011. The annual report from the Internet search giant comes as it faces a US government probe of lucrative search and advertising business, in which it holds an estimated 65 percent market share.…

Apple settles Chinese iPad trademark fight: court

US technology giant Apple has paid a Chinese firm $60 million to settle a long-running dispute over the iPad trademark in China, a court said Monday. The government body overseeing trademarks has been asked to immediately recognise Apple’s rights to the iPad name, the High Court of the southern province of Guangdong said on its…

Are tech moguls the modern robber barons?

John Naughton asks whether today’s captains of industry – the wealthy and powerful figures who control the digital universe – are any different from the ruthless corporate figures of the past.  Here’s an interesting fact: 10 of the people on Forbes magazine’s tally of the world’s 100 richest billionaires made their…

Report: Facebook email switch changed address books

A story by CNET’s Violet Blue Saturday said Facebook’s move to change users’ e-mail addresses didn’t just affect their Facebook profiles – it affected their personal address books, as well. “Facebook users say contacts’ e-mail addresses on phones and personal devices have been altered without their consent,” Blue wrote. “Their…

Cory Booker developing online news service for Generation Y

In a bid to fight what he calls “an oligarchy in the media,” Newark Mayor Cory Booker told TechCrunch he’s been working on an alternative news service geared toward the Millenial generation. Dubbed #waywire, Booker said the site will blend original and syndicated video content, while allowing people to share…

China blocks Xi web searches after Bloomberg report

China blocked web searches on Saturday for the name of leader-in-waiting Xi Jinping, a day after cutting access to Bloomberg sites following the agency’s publication of a report on his family’s wealth. Financial newswire Bloomberg used publicly available records to compile a list of investments by Chinese Vice President Xi’s…

Cyberattacks on critical U.S. targets surge: report

Report: Cyberattacks on critical US targets surge Companies that operate computerized industrial control systems at the heart of America’s critical infrastructure have seen a three-year surge in cyberattacks, according to a new government report. Emergency cyber-responders with the Industrial Control Systems Cyber Emergency Response Team (ICS-CERT…  …

Solar-powered plane soars over the Moroccan desert

An experimental solar-powered plane, flying without using any fuel, arrived late on Friday in Rabat on a return journey to Switzerland after its successful flight over the Moroccan desert. The Swiss-made Solar Impulse took off from Quarzazate in southern Morocco at 0733 GMT, and touched down in the Moroccan capital…

Cybercriminals branch into fully automated bank heists

The latest in cybercrime? Fully automated bank heists (via The Christian Science Monitor) Cybercriminals are trying something new at the bank: fully automated online heists. In a new twist on a familiar online banking cybercrime threat, computer criminals are rolling out a new system targeting businesses’ and high-net-worth individuals’ bank…

Japan finds 6.8 million tonnes of rare minerals used in electric cars, iPods and lasers

Japan has found a large deposit of rare earth minerals in its Pacific seabed, enough to supply its hi-tech industries for more than 200 years, a scientist said Friday. Around 6.8 million tonnes of the valuable minerals, used in electric cars, iPods and lasers, are sitting under the seabed near…

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