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United States to hit debt ceiling on Monday
WASHINGTON — The debt-laden US government’s credit card will hit its limit Monday, creating a cash crunch that puts the country’s credit standing at risk as politicians battle over its long-term deficit. Reaching the $14.29 trillion ceiling set by Congress will not have an immediate impact on government finances, because…
Taliban on Twitter?
KABUL (AFP) – The Taliban once banned all television, music and cinema in Afghanistan, but now they are fighting their war via Twitter, the online messaging network that revolutionised global communication. The Islamist extremists sent out their first tweet in English on May 12 claiming “enemy attacked in Khak-e-Safid”, with…
IMF chief to be charged with raping New York hotel maid
NEW YORK (AFP) – IMF chief Dominique Strauss-Kahn will be charged with a “criminal sexual act, unlawful imprisonment and attempted rape,” a police official told reporters. Strauss-Kahn, widely expected to run for the French presidency next year, was detained Saturday and quizzed over an alleged sexual assault on a New…
Swiss solar powered airplane launches first international flight
PAYERNE, Switzerland (AFP) – Pioneering Swiss solar-powered aircraft Solar Impulse, which holds a 26-hour record for flight duration, took off from Switzerland on Friday on its first international flight to Belgium. The experimental emissions-free aircraft is expected to take about 12 hours to complete the journey to Brussels Airport, the…
Sony battles to regain trust after data breach
TOKYO (AFP) – Japanese entertainment and technology giant Sony faces a battle to regain the trust of millions of consumers after online networks integral to its strategy were hacked, say analysts. One of the biggest data breaches since the advent of the Internet could cost it around $1 billion, but…
Lime Wire file-sharing service to pay record labels $105 million
NEW YORK – The operators of LimeWire agreed to pay record companies $105 million, ending a federal trial over copyright infringement damages owed by the once popular but now defunct file-sharing service. The settlement with 13 record companies, including labels owned by Sony Corp, Vivendi SA, Warner Music Group Corp…
Legislation to crack down on online piracy proposed in Senate
WASHINGTON — US senators re-introduced a bill Thursday that would give the US authorities more tools to crack down on websites selling pirated movies, television shows and music and counterfeit goods. “This legislation will protect the investment American companies make in developing brands and creating content and will protect the…
VISA launching ‘digital wallet’ for U.S. banks
NEW YORK (Reuters) – Visa Inc, the world’s largest credit and debit card processing network, is building a digital wallet that people can use to pay for things online or with their phones instead of with traditional cards. The network said on Wednesday it is working with several large U.S.…
Value of pirated software nearly $59 billion: study
WASHINGTON (AFP) – The commercial value of pirated software increased 14 percent last year to nearly $59 billion, with emerging economies accounting for over half the total, according to a study published Thursday. Businesses and consumers around the world bought $95 billion worth of legal personal computer (PC) software in…
Google takes on Microsoft with Chrome PCs
SAN FRANCISCO (Reuters) – Samsung and Acer Inc laptop computers using Google’s Chrome operating system will go on sale in June, as the world’s No. 1 Internet search engine tries to entice people to do more on the Web. Samsung’s and Acer’s new Web-centric PCs are an incursion into territory…
Brand new on Raw Story
- Jon Stewart mocks eccentric alleged crack-smoking Toronto mayor Rob Ford
- Gun lobbyist Larry Pratt: They will take our guns if they pass immigration reform
- Senate committee approves comprehensive immigration reform bill
- Conservatives in Britain call for rejection of same-sex marriage bill
- Richard Wagner’s 200th anniversary reignites debate over controversial composer
- Sen. Leahy chides colleagues for killing LGBT equality in immigration bill
- CNN’s Wolf Blitzer tells atheist tornado survivor: ‘You gotta thank the Lord’
- Obama does not want Fox News reporter James Rosen prosecuted: spokesman
- Muslim religious leaders meet with Holocaust survivors in Poland
- Rescuers dig for life after tornado rips through Moore, Oklahoma
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